Streetbeat News

Dividends

RE

Everest Re Group (NYSE:RE) announced a quarterly dividend of $1.65 per share, payable on June 16, 2023. The stock will go ex-dividend on Tuesday, and shareholders must own the stock prior to the ex-dividend date to be eligible for the payout.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:51 pm

MARPS

Marine Petroleum Trust (NASDAQ:MARPS) announced a quarterly dividend of 11.02 cents per share, payable on June 28, 2023. The stock will go ex-dividend on Tuesday, and shareholders must own the stock prior to the ex-dividend date to be eligible for the payout.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:49 pm

ZWS

Zurn Elkay Water (NYSE:ZWS) announced a quarterly dividend of 9 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning ZWS by the end of Monday's session will be eligible for the dividend, which will be paid on June 5, 2023.

Portfolio Pulse from Benzinga Insights

May 25, 2023 | 2:49 pm

RY

Royal Bank of Canada (NYSE:RY) reported a Q2 FY23 adjusted net income of C$3.8 billion, down 13% Y/Y, with adjusted EPS declining by 11% Y/Y to C$2.65. The results were impacted by high provisions for credit losses of C$600 million. Revenues increased to C$13.5 billion from C$11.2 billion a year ago. RY declared a quarterly dividend of C$1.35 per share, up 2%.

Portfolio Pulse from Lekha Gupta

May 25, 2023 | 1:31 pm

MMM

SCS

TRN

Wall Street's most accurate analysts recommend holding three industrial stocks with over 4% dividend yields: Steelcase Inc. (SCS), 3M Company (MMM), and Trinity Industries (TRN). These companies have high free cash flows and reward shareholders with high dividend payouts.

Portfolio Pulse from Lisa Levin

May 25, 2023 | 1:31 pm

MDT

Medtronic reported Q4 FY23 sales of $8.54 billion, up 5.6% Y/Y, beating expectations. The company announced a dividend increase to $0.69/share and expects FY24 organic revenue growth of 4.5%-4.5%. Medtronic has agreed to acquire Korea-based EOFlow Co Ltd for $738 million, with the deal expected to close in H2 2023.

Portfolio Pulse from Vandana Singh

May 25, 2023 | 12:57 pm

RJF

Raymond James Financial (RJF) aims to exceed $2 trillion in assets under administration by 2030 in its Private Client Group and targets a common dividend of 20-30% of earnings.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:40 pm

UNM

Unum Group's board of directors has authorized a 10% increase in the quarterly dividend paid on its common stock, raising it from $0.33 to $0.365 per share. The new rate will be effective in Q3 2023.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 12:36 pm

UNM

Unum Group has announced an increase in its dividend from $0.33 to $0.37 per share.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:35 pm

DAO

NTES

NetEase reported Q1 FY23 revenue growth of 6.3% YoY to $3.65 billion, beating consensus estimates. Games and related services revenues grew 7.6% YoY, while Youdao's revenue declined by 3.1%. The board approved a dividend of $0.4650 per ADS for Q1.

Portfolio Pulse from Anusuya Lahiri

May 25, 2023 | 11:29 am