Streetbeat News

Dividends

BAC

Bank of America (NYSE:BAC) offers a 2.6% annual dividend yield, equating to $1.04 per share annually. To earn $500 monthly from dividends, an investor would need 5,769 shares, worth approximately $230,587. BAC shares fell 0.6% to $39.97, with Q3 earnings expected at 77 cents per share, down from 90 cents last year. RBC Capital reiterated an Outperform rating with a $46 price target.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 12:44 pm

CSWI

CSW Industrials has announced an increase in its quarterly dividend from $0.21 to $0.24 per share.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:32 pm

AVA

ES

UGI

Analysts have provided updated ratings and price targets for three high-yielding utility stocks: UGI Corporation, Avista Corporation, and Eversource Energy. These stocks offer dividend yields over 4%, making them attractive during market turbulence.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 12:27 pm

BK

BNY Mellon reported strong Q3 earnings with a 5% increase in fee income and a record $50 trillion in assets under custody. The company's adjusted EPS of $1.52 beat expectations, and shares are trading higher premarket.

Portfolio Pulse from Akanksha Bakshi

October 11, 2024 | 12:16 pm

NWN

Northwest Natural Holding has announced an increase in its quarterly dividend from $0.4875 to $0.49 per share, with the dividend payable on November 15, 2024, to shareholders of record on October 31, 2024. The annual dividend rate is now $1.96 per share.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 9:21 pm

MSM

MSC Industrial Supply has announced an increase in its quarterly cash dividend from $0.83 to $0.85 per share, payable on November 27, 2024, to shareholders of record as of November 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 9:03 pm

ATR

AptarGroup has announced a new authorization to repurchase up to $500 million of its common stock, replacing all previous authorizations. The company may buy back shares through various methods, depending on market conditions. Additionally, AptarGroup declared a quarterly cash dividend of $0.45 per share, payable on November 14, 2024, to shareholders of record as of October 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 9:01 pm

ADC

Agree Realty Corporation (NYSE:ADC) has announced an increase in its monthly dividend from $0.25 to $0.253 per share, resulting in a 2.4% year-over-year growth. The annualized dividend is now $3.036 per share.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:10 pm

REPX

Riley Exploration Permian, Inc. (NYSE:REPX) has announced a 6% increase in its quarterly dividend, raising it from $0.36 to $0.38 per share. The dividend will be payable on November 7, 2024, to shareholders of record as of October 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:05 pm

WFC

Wells Fargo & Company (NYSE:WFC) is set to release its Q3 earnings on Oct. 11, with expected earnings of $1.28 per share, down from $1.48 last year. The bank offers a 2.78% annual dividend yield. Wolfe Research upgraded WFC to Outperform with a $65 price target.

Portfolio Pulse from Avi Kapoor

October 10, 2024 | 12:31 pm