Streetbeat News

Dividends

ARM

ET

PAYX

RTX

Jim Cramer expressed his views on several stocks on CNBC's 'Mad Money Lightning Round.' He favors RTX Corporation as his top defense stock and is optimistic about Arm Holdings, which he believes is accelerating despite a price drop. Cramer also sees Energy Transfer's dividend as safe and recommends buying Paychex, Inc. for its yield.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 12:07 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) is set to release its Q2 earnings, with analysts expecting a significant increase in earnings per share. Truist Securities has maintained a Buy rating and raised the price target. Despite a low dividend yield, substantial investment is required to earn significant monthly income from dividends.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 11:55 am

INTC

NVDA

Intel's stock remains flat as the semiconductor sector awaits Nvidia's Q2 earnings. Nvidia's strong expected results could impact the sector. Intel's shares have dropped over 30% after disappointing Q2 results and announced cost-cutting measures, including a dividend suspension.

Portfolio Pulse from Henry Khederian

August 27, 2024 | 8:23 pm

KSS

Kohl's Corporation is expected to report lower year-over-year earnings for Q2, with EPS projected at $0.48 and revenue at $3.61 billion. Despite a 30% stock decline in 2024, the company declared a $0.50 dividend. Kohl's is focusing on new brands and back-to-school sales to boost performance.

Portfolio Pulse from Michael Juliano

August 27, 2024 | 5:38 pm

GEF

Greif, Inc. has announced an increase in its quarterly dividend for both Class A and Class B Common Stock. The dividend for Class A has been raised from $0.52 to $0.54 per share, and for Class B, it is set at $0.81 per share.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 4:41 pm

JWN

Nordstrom Inc (NYSE:JWN) shares are down 2.49% ahead of its Q2 earnings report, expected to show EPS of 71 cents on $3.896 billion revenue. Despite a Q1 sales beat, profitability was below expectations. Nordstrom pays a 3.96% dividend and has a 52-week high of $24.03.

Portfolio Pulse from Henry Khederian

August 27, 2024 | 2:58 pm

BHP

BHP Group reported a $13.7 billion profit for the fiscal year ending June 30, with a focus on expanding copper production despite a challenging macroeconomic environment. The company plans to increase copper output significantly, driven by rising demand for green technology. BHP's dividend was slightly reduced, reflecting cautious optimism amid global economic volatility.

Portfolio Pulse from Stjepan Kalinic

August 27, 2024 | 1:42 pm

IBM

MEI

XRX

Analysts have provided ratings on three high-dividend tech stocks: Xerox, Methode Electronics, and IBM. Xerox faces a sales decline and price target cuts, Methode Electronics awaits earnings, and IBM is undergoing layoffs while receiving price target increases.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:54 pm

CWCO

Consolidated Water has announced a dividend increase for Q4, raising it from $0.095 to $0.11 per share.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:33 pm

KSS

Kohl's Corporation (NYSE:KSS) is set to release its Q2 earnings, with analysts expecting a decrease in earnings per share from 52 cents to 45 cents and projected revenue of $3.58 billion. The company offers a high dividend yield of 10.07%, with a quarterly dividend of 50 cents per share. To earn $500 monthly from dividends, an investor would need to own 3,000 shares, worth approximately $59,610. The stock recently closed at $19.87, up 0.7%.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:02 pm