Streetbeat News

Dividends

MMT

Monday is the last day for investors to buy MFS Multimarket IT (NYSE:MMT) shares to be eligible for the next dividend payout of 3.28 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:46 pm

MFM

Monday is the last day for investors to buy MFS Municipal IT (NYSE:MFM) shares to be eligible for the next dividend payout of 1.8 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:45 pm

MFV

MFS Special Value (NYSE:MFV) announced a monthly dividend of 3.65 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning MFV by the end of Monday's session will be eligible for the payout, which will be distributed on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:45 pm

OCCI

OFS Credit Co (NASDAQ:OCCI) announced a quarterly dividend of 55 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning OCCI by the end of Monday's session will be eligible for the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:45 pm

REVG

REV Group reported Q2 FY23 sales growth of 18.2% YoY to $681.2 million, beating consensus estimates. Adjusted EPS of $0.35 also surpassed expectations. The company declared a quarterly cash dividend of $0.05 per share and increased its FY23 outlook. Additionally, the board approved a new $175 million stock buyback program.

Portfolio Pulse from Nabaparna Bhattacharya

June 08, 2023 | 2:11 pm

SIG

Signet Jewelers Ltd (NYSE:SIG) reported a Q1 FY24 sales decline of 9.3% YoY to $1.67 billion, beating analyst estimates. However, the company lowered its FY24 sales and adjusted EPS outlook, causing its shares to plunge.

Portfolio Pulse from Shivani Kumaresan

June 08, 2023 | 1:26 pm

ABBV

AMGN

OGN

Wall Street's most accurate analysts recommend holding three health care stocks with over 3% dividend yields: Organon & Co. (OGN), AbbVie Inc. (ABBV), and Amgen Inc. (AMGN). These companies have high free cash flows and reward shareholders with high dividend payouts.

Portfolio Pulse from Lisa Levin

June 08, 2023 | 1:09 pm

HOFT

Hooker Furnishings Corp (NASDAQ:HOFT) reported a Q1 FY24 sales decline of 17.3% Y/Y to $121.82 million, missing consensus estimates. EPS of $0.13 beat analyst expectations. The company's board approved an additional $5 million share buyback authorization and declared a quarterly cash dividend of $0.22 per share.

Portfolio Pulse from Lekha Gupta

June 08, 2023 | 12:33 pm

AKAM

BIIB

BXP

CRM

GOOGL

SLG

Boston Properties Inc. (BXP) is a well-diversified office REIT with 54.5 million square feet in 192 properties concentrated among six of the largest U.S. cities. As of March 31, BXP had 91% of its in-service properties leased, with a weighted average lease term of 7.6 years. Its top four tenants, Salesforce, Alphabet, Biogen, and Akamai Technologies, account for about 11% of the total annualized base rent. BXP has $15.7 billion in debt and pays a quarterly dividend of $0.98 per share.

Portfolio Pulse from Ethan Roberts

June 07, 2023 | 3:49 pm

STNG

Scorpio Tankers (NYSE:STNG) announced a quarterly dividend of 25 cents per share, with Friday being the last chance for investors to be eligible for the payout. The stock will go ex-dividend on Monday, and the dividend will be paid out on June 30, 2023.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 2:48 pm