Streetbeat News

Dividends

VLGEA

Village Super Market (NASDAQ:VLGEA) announced it will pay a quarterly dividend of 25 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 25 cents lower. Shareholders who own VLGEA as of the end of Tuesday's session will receive the dividend payout on July 27, 2023.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:45 pm

CUZ

Cousins Props (NYSE:CUZ) has announced a quarterly dividend of 32 cents per share, payable on July 17, 2023. The stock will go ex-dividend on Wednesday, meaning it will likely open 32 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:45 pm

SCS

Steelcase (NYSE:SCS) has announced a quarterly dividend of 10 cents per share, which will be paid out to shareholders on July 17, 2023. The stock will go ex-dividend on Wednesday, meaning it will likely open 10 cents lower. Shareholders who own SCS as of the end of Tuesday's session are eligible to receive the dividend.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:45 pm

WLY

John Wiley & Sons (NYSE:WLY) announced it will pay a quarterly dividend of 35 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 35 cents lower. Shareholders who own WLY as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 20, 2023.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:45 pm

CVBF

CVB Financial (NASDAQ:CVBF) has announced a quarterly dividend of 20 cents per share, which will be paid out to shareholders on July 20, 2023. The stock will go ex-dividend on Wednesday, meaning it will likely open 20 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:45 pm

IMKTA

Ingles Markets (NASDAQ:IMKTA) has announced a quarterly dividend of 16.5 cents per share. The ex-dividend date is Wednesday, meaning the stock will likely open 16.5 cents lower to reflect the payout. Shareholders who own IMKTA as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 13, 2023.

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 2:45 pm

AAIC

AOMR

EPR

LSI

PLYM

SKT

WELL

The first half of 2023 has been challenging for stocks, particularly REITs, due to Federal Reserve rate hikes and hints of a recession. However, some REITs have performed well due to improved earnings, raised analyst positions, and acquisitions. The best performers include Angel Oak Mortgage REIT Inc. (AOMR), Arlington Asset Investment Corp. (AAIC), Life Storage Inc. (LSI), EPR Properties (EPR), Tanger Factory Outlet Centers Inc. (SKT), Welltower Inc. (WELL), and Plymouth Industrial REIT Inc. (PLYM).

Portfolio Pulse from Ethan Roberts

June 30, 2023 | 2:08 pm

EXR

GNL

Three high-dividend yield real estate stocks have been recommended by Wall Street's most accurate analysts. These include Global Net Lease, Inc. (GNL) with a dividend yield of 16.05%, Realty Income Corporation (O) with a dividend yield of 5.10%, and Extra Space Storage Inc. (EXR) with a dividend yield of 4.38%. Recent news for these companies include the expiration of 'Go-Shop' period for GNL's proposed merger, transition of CFO and Treasurer roles at Realty Income, and downbeat Q1 property rental revenue for Extra Space Storage.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 1:35 pm

STZ

Constellation Brands, Inc (NYSE:STZ) reported Q1 FY24 net sales growth of 6.4% YoY to $2.51 billion, beating the analyst consensus. The Beer segment sales increased 11% YoY, while Wine and Spirits declined 10% YoY. The company declared a quarterly cash dividend of $0.89 per share. Despite the positive report, STZ shares are trading lower by 2.28% in premarket.

Portfolio Pulse from Shivani Kumaresan

June 30, 2023 | 1:00 pm

JPM

SCHW

WYNN

On CNBC's 'Halftime Report Final Trades', Stephanie Link of Hightower named The Charles Schwab Corporation as her final trade. Joshua Brown of Ritholtz Wealth Management named JPMorgan Chase & Co., predicting a dividend increase. Jim Lebenthal of Cerity Partners picked Wynn Resorts, Limited. Rob Sechan of New Edge Capital Group named The Home Depot, Inc. Home Depot will reportedly settle a long-running lawsuit for underpaying workers in California for $72.5 million.

Portfolio Pulse from Lisa Levin

June 30, 2023 | 11:52 am