Streetbeat News

Dividends

OFS

OFS Capital (NASDAQ:OFS) announced a quarterly dividend of 33 cents per share, with the ex-dividend date set for Thursday. Shareholders owning OFS stock by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 19, 2023 | 2:52 pm

FGBI

First Guaranty Bancshares (NASDAQ:FGBI) announced a quarterly dividend of 16 cents per share, with Wednesday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Thursday, and the dividend will be paid out on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 19, 2023 | 2:52 pm

FMN

Federated Hermes Premier (NYSE:FMN) announced a monthly dividend of 3.5 cents per share, with Wednesday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Thursday, and the dividend will be paid out on July 3, 2023.

Portfolio Pulse from Benzinga Insights

June 19, 2023 | 2:52 pm

ESP

Espey Mfg & Electronics (AMEX:ESP) announced a quarterly dividend of 10 cents per share, with the ex-dividend date set for Thursday. Shareholders owning ESP by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on June 28, 2023.

Portfolio Pulse from Benzinga Insights

June 19, 2023 | 2:51 pm

DX

Dynex Cap (NYSE:DX) announced a monthly dividend of 13 cents per share, with Wednesday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Thursday, and the dividend will be paid out on July 03, 2023.

Portfolio Pulse from Benzinga Insights

June 19, 2023 | 2:51 pm

EPRT

HST

O

Three REITs, Essential Properties Realty Trust Inc. (EPRT), Realty Income Corp. (O), and Host Hotels & Resorts Inc. (HST), have announced dividend hikes this week. These increases can be an indication of the companies' confidence in their future earnings and taxable income.

Portfolio Pulse from Ethan Roberts

June 16, 2023 | 8:07 pm

PCB

Piper Sandler analyst Matthew T. Clark initiates coverage of PCB Bancorp (NASDAQ:PCB) with a Neutral rating and a price target of $17. Despite concerns about the unguaranteed SBA loan portfolio and pressured net interest margin, Clark expects dividend raises, higher share buybacks, and acquisitions due to PCB's excess capital position.

Portfolio Pulse from Lekha Gupta

June 16, 2023 | 6:06 pm

WWE

WWE has announced a quarterly dividend of $0.12 per share and is currently at a support level of $100. The company recently partnered with Twitch, reflecting its innovation and ambition. If momentum builds, the stock could potentially break the all-time high of $110.

Portfolio Pulse from Zaheer Anwari

June 16, 2023 | 5:54 pm

MU

Micron Technology Inc (NASDAQ:MU) shares fell more than 5% due to China's ban on sales of its chips to key domestic industries, impacting its global revenue. Despite the setback, some investors are taking advantage of the dip in Micron’s share price, with analysts’ price targets varying between $65 to $100. Micron offers a dividend yield of 0.68%, which could be appealing for income-focused investors.

Portfolio Pulse from AJ Fabino

June 16, 2023 | 4:04 pm

STLD

Steel Dynamics (NASDAQ:STLD) shares are down following its Q2 2023 guidance, expecting EPS of $4.78-$4.82, lower than $6.44 a year ago and below the Street view of $4.93. The company cites delays in customer projects, supply-chain constraints, and lower metal margins as reasons for the decline.

Portfolio Pulse from Nabaparna Bhattacharya

June 16, 2023 | 2:58 pm