Streetbeat News

Dividends

RPM

RPM International (NYSE:RPM) has announced a quarterly dividend of 42 cents per share. The ex-dividend date is Monday, meaning the stock will likely open 42 cents lower to reflect the payout. Shareholders who own RPM as of the end of Friday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:45 pm

BEPC

CWEN

ENIC

GNE

PAM

Benzinga Insights has identified Brookfield Renewable (BEPC), Clearway Energy (CWEN), Enel Chile (ENIC), Genie Energy (GNE), and Pampa Energia (PAM) as notable value stocks in the utilities sector. The selection is based on low P/E multiples, indicating that these companies may be undervalued. The report also includes Q1 earnings per share and dividend yield data for each company.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 2:42 pm

ATVI

AVGO

BRK-A

COIN

COTY

DIS

DPZ

GOOG

HYMTF

IBM

MSFT

NVO

TAK

Disney is considering different strategies for its Star India business, which could include partnering with another company or even selling it. Kim Kardashian is reportedly in negotiations to buy back the minority stake in her beauty company, SKKN BY KIM, from Coty Inc. KPMG is reportedly looking to invest around $2 billion in AI and cloud services across its global business lines over the next five years. CVS's Caremark business experienced a halt in prescription processing. Ark Invest sold 135,152 shares of Coinbase Global Inc. Faraday Future Intelligent Electric flagged errors in its previously issued financial statements. The European Commission has fined Illumina Inc and Grail Inc for implementing their proposed merger before approval. Activision Blizzard Inc stock is trading lower amid reports of a possible new investigation on the Microsoft Corp takeover deal. Broadcom Inc won conditional approval from the European Commission to complete its acquisition of VMware. Domino's Pizza Inc entered a new global agreement with Uber Technologies Inc. Takeda Pharmaceutical Co Ltd is voluntarily withdrawing its marketing application for its dengue vaccine. Google quietly ditched its AI-powered mobile chatbot app, Bubble Characters. Warren Buffett's Berkshire Hathaway stood to make a profit of over $1 billion following the court's decision to allow Microsoft Corp to proceed with its acquisition of Activision Blizzard. IBM is weighing the use of artificial intelligence chips designed in-house to lower the costs of operating a cloud computing service. Novo Nordisk A/S's weight-loss drug, Wegovy, saw a significant drop in adherence compared to what was reported in clinical trials. Microsoft Corp has revealed that a China-based hacking group, Storm-0558, breached email accounts linked to government agencies in Western Europe. Hyundai Motor Company unionized workers at its plants across South Korea reportedly staged the first strike in five years against the government's labor policies.

Portfolio Pulse from Vandana Singh

July 12, 2023 | 1:48 pm

EMN

IFF

Intl Flavors & Fragrances (IFF) will distribute a dividend payout of $0.81 per share on July 11, 2023, equating to an annualized dividend yield of 3.37%. The company's dividend yield falls in the middle range compared to its industry peers, with Eastman Chemical (EMN) having the highest annualized dividend yield at 3.76%. Despite a decrease in earnings per share from $5.93 to $5.69 between 2019 and 2022, IFF has increased its dividend per share from $2.96 to $3.20, indicating a focus on enhancing shareholder value.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:38 pm

GMRE

Global Medical REIT (NYSE:GMRE) is set to reward its shareholders with a dividend payout of $0.21 per share, demonstrating an annualized dividend yield of 9.08%. The company has shown a steady increase in its dividend per share from $0.80 in 2019 to $0.84 in 2022. Additionally, the company's earnings per share have also increased from $0.74 in 2019 to $0.98 in 2022, indicating a strong financial position and potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:37 pm

BTI

Philip Morris Intl (NYSE:PM) will issue a dividend payout of $1.27 per share, resulting in an annualized dividend yield of 5.51%. The company has shown a steady increase in dividend per share from 2019 to 2022, and an increase in earnings per share, indicating a strong financial position. British American Tobacco (NYSE:BTI) has the highest annualized dividend yield at 8.54% among its peers.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:35 pm

AZN

CVS

MDT

Three high-dividend yield healthcare stocks, AstraZeneca PLC (AZN), Medtronic plc (MDT), and CVS Health Corporation (CVS), have been recommended by Wall Street's most accurate analysts. AstraZeneca has a dividend yield of 3.00%, Medtronic has a yield of 3.19%, and CVS Health has a yield of 3.49%. Recent news for these companies includes AstraZeneca's phase 3 trial results, Medtronic's new clinical data presentation, and CVS Health's renewable energy agreement with Constellation Energy Corporation.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 12:44 pm

Noble Corporation Plc's board of directors has declared a quarterly interim dividend of $0.30 per share on its A ordinary shares. The dividend will be payable on September 14, 2023, to shareholders of record at close of business on August 17, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:47 pm

CMI

Cummins Inc. has announced an increase in its quarterly dividend from $1.57 to $1.68 per share.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:16 pm

TEX

Terex Corporation (TEX) has announced an increase in its quarterly dividend from $0.15 to $0.17.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:12 pm