Streetbeat News

Dividends

MPW

OPI

UNIT

Three high-yielding dividend stocks in the real estate sector have been identified by Wall Street's most accurate analysts. Uniti Group Inc. (UNIT) has a dividend yield of 12.74%, Office Properties Income Trust (OPI) has a dividend yield of 12.66%, and Medical Properties Trust, Inc. (MPW) has a dividend yield of 12.75%.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 12:52 pm

SHEL

Shell plans to increase shareholder returns by raising distributions to 30-40% of cash flow from operations, up from 20-30%, and executing at least $5 billion of share buybacks in H2 2021. The company also intends to maintain steady oil output until 2030, while progressing towards becoming a net-zero business by 2050.

Portfolio Pulse from Benzinga Newsbot

June 14, 2023 | 12:03 pm

SHEL

Shell PLC (NYSE:SHEL) announced a 15% increase in dividend per share effective Q2 2023 and a share repurchase of at least $5 billion for H2 2023. The company plans to maintain stable oil production until 2030 and enhance its Integrated Gas business. Shell also aims to cut annual operating costs by $2-$3 billion by 2025 and targets net-zero emissions by 2050.

Portfolio Pulse from Lekha Gupta

June 14, 2023 | 9:40 am

ORCL

Oracle Corporation (NYSE:ORCL) shares are trading higher after reporting better-than-expected Q4 earnings and receiving analyst upgrades. The company has a dividend yield of 1.33%, and investors would need to own approximately $451,127.81 worth of Oracle, or 3,748 shares, to generate a monthly dividend income of $500.

Portfolio Pulse from AJ Fabino

June 13, 2023 | 9:46 pm

DVN

Goldman Sachs upgraded Devon Energy Corp (NYSE:DVN) from Neutral to Buy, maintaining a $58 price target. The company's stock saw an uptick, offering an attractive dividend yield of 8.87%.

Portfolio Pulse from AJ Fabino

June 13, 2023 | 4:26 pm

UHAL

U-Haul Holding (NYSE:UHAL) announced a quarterly dividend of 4 cents per share, with the ex-dividend date set for Friday. Shareholders owning UHAL stock before the ex-dividend date are eligible for the dividend payout, which will be distributed on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 3:07 pm

KAMN

Kaman (NYSE:KAMN) announced a quarterly dividend of 20 cents per share, with Thursday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Friday, and the dividend will be paid out on July 13, 2023.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 3:06 pm

KTF

DWS Municipal IT (NYSE:KTF) announced a monthly dividend of 2.54 cents per share, with Thursday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Friday, and the dividend will be paid out on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 3:06 pm

KSM

DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 2.95 cents per share, with the ex-dividend date set for Friday. Shareholders owning KSM by the end of Thursday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 3:06 pm

NATH

Nathan's Famous (NASDAQ:NATH) announced a quarterly dividend of 50 cents per share, payable on June 28, 2023. The stock will go ex-dividend on Friday, and shareholders must own NATH before the ex-dividend date to be eligible for the payout.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 3:06 pm