Streetbeat News

Dividends

STLA

Stellantis' CFO announced at the 2024 Bank of America European Autos and Future Car Virtual Conference that a special dividend for the company is unlikely.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:03 pm

PSBD

Palmer Square Capital BDC Inc. (NYSE:PSBD) has announced a Q3 2024 supplemental dividend of $0.05 per share, in addition to its base dividend of $0.42 per share. Both dividends are payable on October 14, 2024, to shareholders of record as of September 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:16 pm

KBH

KB Home (NYSE:KBH) is set to release its Q3 earnings, with analysts expecting an EPS of $2.06, up from $1.80 last year, and projected revenue of $1.73 billion. Bank of America raised its price target for KBH from $75 to $90. The stock has a dividend yield of 1.15%, translating to a quarterly dividend of $0.25 per share. To earn $500 monthly from dividends, an investor would need 6,000 shares, worth approximately $523,380.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 12:22 pm

GNK

KRT

ZIM

Analysts have spotlighted three industrial stocks with over 5% dividend yields: ZIM Integrated Shipping Services, Genco Shipping & Trading, and Karat Packaging. ZIM reported strong Q2 results and raised guidance, Genco enhanced its dividend policy, and Karat Packaging reported weaker Q2 results.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 11:43 am

EBF

Ennis, Inc. has declared a quarterly dividend of $0.25 per share and a special one-time dividend of $2.50 per share, indicating strong financial health and potential positive impact on stock price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 10:35 am

GPMT

NUKK

STEM

WHLR

Granite Point Mortgage Trust shares rose in pre-market trading after announcing dividends for common and preferred stocks. Several other stocks, including Nukkleus Inc. and Wheeler Real Estate Investment Trust, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 9:46 am

XOMA

XOMAO

XOMAP

XOMA Royalty Corporation announced cash dividends for its Series A and Series B Cumulative Preferred Stock, with record date on October 3, 2024. Series A holders will receive $0.53906 per share, and Series B holders will receive $0.52344 per depositary share, payable on October 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 9:37 am

KBH

KB Home (NYSE:KBH) is set to release its Q3 earnings, with expectations of $2.06 EPS and $1.73 billion in revenue. Analysts have revised their ratings and price targets, with mixed views ranging from Neutral to Underperform. The stock recently closed at $87.23, down 2.7%.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 7:44 am

IDA

IDACORP has announced an increase in its common stock dividend from $0.83 to $0.86. This move reflects the company's strong financial position and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 8:32 pm

CVS

GILD

PFE

Analysts have provided ratings for three high-yielding healthcare stocks: Pfizer, CVS Health, and Gilead Sciences. Pfizer has received positive ratings and presented promising study data. CVS Health faces legal challenges but maintains strong ratings. Gilead Sciences has shown positive trial results.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 1:00 pm