Streetbeat News

Dividends

FDX

FedEx Corp (NYSE:FDX) reported Q4 earnings of $4.94 per share, beating a $4.89 Street estimate, on revenues of $21.9 billion, which missed a Street estimate of $22.72 billion. The company guided for earnings to come in a range of $16.50 to $18.50 per share for the full fiscal year 2024. FedEx has a dividend yield of 2.19%.

Portfolio Pulse from AJ Fabino

June 21, 2023 | 6:17 pm

CVGW

Calavo Growers (NASDAQ:CVGW) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Monday. Shareholders owning CVGW stock by the end of Friday's session will be eligible for the dividend payout, which will be distributed on July 11, 2023.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 2:46 pm

MTN

Vail Resorts (NYSE:MTN) announced a quarterly dividend of $2.06 per share, with the ex-dividend date set for Monday. Shareholders owning MTN stock by the end of Friday's session will be eligible for the dividend payout, which will be distributed on July 12, 2023.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 2:45 pm

MED

Medifast (NYSE:MED) announced a quarterly dividend of $1.65 per share, with the ex-dividend date set for Monday. Shareholders owning MED by the end of Friday's session will be eligible for the dividend payout, which will be distributed on August 8, 2023.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 2:45 pm

SQFT

Presidio Property Trust (NASDAQ:SQFT) announced a quarterly dividend of 2.3 cents per share, payable on June 30, 2023. Shareholders must own the stock before the ex-dividend date on Monday to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 2:45 pm

MED

MO

WBA

Wall Street's most accurate analysts recommend holding three defensive stocks with over 5% dividend yields: Altria Group (MO), Medifast (MED), and Walgreens Boots Alliance (WBA). These consumer staples sector stocks have high free cash flows and reward shareholders with high dividend payouts.

Portfolio Pulse from Lisa Levin

June 21, 2023 | 1:07 pm

BXSL

Blackstone Secured Lending Fund (BXSL) announces a 10% increase in its quarterly distribution from $0.70 to $0.77 per share for Q3 2023, citing strong earnings, low fee structure, and quality investment portfolio. The new distribution represents an annualized yield of 11.8% on Q1 net asset value per share.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 8:22 pm

AAPL

AXP

BA

CAT

DIS

JNJ

MCD

The Dogs of the Dow is an investing strategy focusing on the top 10 highest dividend-yielding stocks in the Dow Jones 30 index every year. The strategy aims to pick undervalued stocks with high yield and upside growth potential in share price. It requires low maintenance and provides a solid wealth-building combination.

Portfolio Pulse from Dividend Dominator

June 20, 2023 | 6:21 pm

BAC

T

AT&T CFO Pascal Desroches reiterated the company's full-year free cash flow target of $16 billion or more for 2023 at the Bank of America C-Suite Technology, Media and Telecommunications Conference. The company is tracking to over 300,000 postpaid phone net additions for Q2 and plans to deploy a generative AI tool for employees. AT&T's 6.97% dividend yield may be attractive for investors, despite its long-term stock price decline and considerable debt load.

Portfolio Pulse from AJ Fabino

June 20, 2023 | 5:50 pm

CMP

Compass Minerals Intl (NYSE:CMP) will issue a dividend payout of $0.15 per share on June 20, 2023, resulting in an annualized dividend yield of 1.75%. The company has experienced a decrease in dividend per share and earnings per share from 2019 to 2022, raising concerns among investors.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 3:54 pm