Streetbeat News

Dividends

EBAY

The article highlights three high-quality dividend stocks that offer reliable income and growth potential, emphasizing their strong fundamentals and resilient business models. These stocks are considered exceptional opportunities for financial stability and long-term success.

Portfolio Pulse from

November 06, 2024 | 12:45 pm

PBF

PBF Energy's stock fell by 2% following its Q3 earnings report, which showed a decline due to lower throughput volumes and reduced refining margins. However, the company improved operational efficiency by cutting costs and expenses, and it raised its dividend.

Portfolio Pulse from

November 06, 2024 | 12:30 pm

STWD

Starwood Property Trust reported its Q3 2024 results, with GAAP earnings of $0.23 and distributable earnings of $0.48 per share. The company originated or acquired $2.1 billion in assets and received $1.6 billion in repayments during the quarter. It raised $800 million in capital, increasing liquidity to $1.8 billion, and paid a dividend of $0.48 per share.

Portfolio Pulse from

November 06, 2024 | 12:15 pm

CIM

Chimera has declared its fourth quarter 2024 cash dividends for its Series A and Series B preferred stocks, with payments scheduled for December 30, 2024.

Portfolio Pulse from

November 06, 2024 | 12:00 pm

STK

Columbia Seligman Premium Technology Growth Fund (STK) offers a 6.5% dividend yield through an option strategy, focusing on tech sectors like semiconductors and software. Despite potential vulnerabilities, its discount to NAV and consistent dividends make it appealing for income investors.

Portfolio Pulse from

November 06, 2024 | 12:00 pm

ENB

Enbridge is well-positioned to benefit from increasing gas demand due to its extensive energy infrastructure operations.

Portfolio Pulse from

November 06, 2024 | 11:45 am

GPUS

Hyperscale Data plans to issue a $16.25 million special dividend in the form of 10% Series E Cumulative Redeemable Perpetual Preferred Stock to its shareholders.

Portfolio Pulse from

November 06, 2024 | 11:45 am

KMT

Kennametal Inc. reported its fiscal 2025 Q1 results with strong cash from operations of $46 million, up from $26 million the previous year. The company achieved an EPS of $0.28, down from $0.37 last year, and returned $31 million to shareholders through share repurchases and dividends. Sales were slightly down at $482 million compared to $492 million in the prior year.

Portfolio Pulse from

November 06, 2024 | 11:45 am

SFL

SFL Corporation Ltd. announced its preliminary financial results for Q3 2024, along with a quarterly cash dividend of $0.27 per share.

Portfolio Pulse from

November 06, 2024 | 11:45 am

O

Realty Income, a dividend stock with a 5.4% yield, is optimistic about its growth prospects for the year.

Portfolio Pulse from

November 06, 2024 | 11:30 am