Streetbeat News

Dividends

MWA

Mueller Water Products has announced a 4.7% increase in its quarterly dividend, raising it to $0.067 per share, payable on November 20, 2024, to shareholders of record by November 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 6:48 am

AEP

American Electric Power (AEP) has announced an increase in its quarterly cash dividend from $0.88 to $0.93 per share, payable on December 10, 2024, to shareholders of record as of November 8, 2024. This marks the company's 458th consecutive quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 9:22 pm

SBUX

Starbucks reported weak preliminary Q4 results, with a 3% decline in net revenues and a 7% drop in global comparable sales. The company suspended its guidance for fiscal year 2025 due to a CEO transition and current business challenges. Starbucks shares fell 3.57% in after-hours trading.

Portfolio Pulse from Adam Eckert

October 22, 2024 | 9:17 pm

NBHC

National Bank has announced an increase in its quarterly dividend from $0.28 to $0.29 per share, reflecting a positive outlook and potential for shareholder returns.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:23 pm

GTY

Getty Realty Corp. has announced a 4.4% increase in its quarterly cash dividend, raising it from $0.45 to $0.47 per share. The dividend will be payable on January 9, 2025, to shareholders on record as of December 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:15 pm

ROL

Rollins, Inc. has announced a 10% increase in its regular quarterly cash dividend, raising it from $0.15 to $0.165 per share. The dividend is payable on December 10, 2024, to shareholders of record as of November 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:14 pm

SBUX

Starbucks Corporation has announced an increase in its quarterly cash dividend from $0.57 to $0.61 per share, marking its fourteenth consecutive annual increase. The new dividend will be payable on November 29, 2024, to shareholders of record on November 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:12 pm

TXN

Texas Instruments (NASDAQ:TXN) is set to release its Q3 earnings on Oct. 22, with expected declines in both earnings per share and revenue compared to last year. Analysts have revised their forecasts, with some lowering price targets. The company declared a quarterly dividend of $1.36 per share.

Portfolio Pulse from Avi Kapoor

October 22, 2024 | 4:32 pm

FMAT

SHW

XLB

Sherwin-Williams reported Q3 results with revenue and EPS below analyst expectations, leading to a drop in share price. Despite strong sales in Paint Stores, weak consumer demand affected overall performance. The company reaffirmed its 2024 EPS guidance but expects flat to low-single-digit sales growth. Investors can also consider exposure through ETFs like XLB and FMAT.

Portfolio Pulse from Lekha Gupta

October 22, 2024 | 3:34 pm

LMT

Lockheed Martin reported mixed Q3 results with a slight sales miss but exceeded EPS expectations. The company raised its annual EPS guidance and narrowed sales guidance. Despite positive outlooks, LMT shares fell by 4.91%.

Portfolio Pulse from Akanksha Bakshi

October 22, 2024 | 2:38 pm