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HKD

AMTD Digital Inc. (NYSE:HKD) shares rose 25% on Friday and continued to move on Monday with heavy trading volume after the company announced the launch of L'Officiel Hong Kong. This follows the acquisition of L'Officiel Inc. SAS in 2022. The digital platform is now live, and the print magazine is expected in early 2024. HKD has become a trending ticker among retail investors and is trading above its 50-day moving average but near its 52-week low.

Portfolio Pulse from Erica Kollmann

November 27, 2023 | 3:11 pm

PYPL

PayPal Holdings Inc (NASDAQ:PYPL) stock is trading higher due to increased Cyber Monday expectations, with sales projected to reach $12 billion to $12.4 billion, an 8% year-over-year increase. 'Buy Now, Pay Later' usage is also expected to hit a record high, contributing $782 million in online spending, an 18% increase from the previous year. PayPal, known for its online payment solutions, is benefiting from this positive e-commerce trend.

Portfolio Pulse from Adam Eckert

November 27, 2023 | 3:10 pm

FFIC

SMBK

SmartFinancial (NASDAQ:SMBK) announced a dividend payout of $0.08 per share with an annualized yield of 1.55%. The ex-dividend date was November 10, 2023, and the dividend is payable on November 27, 2023. The company has shown a positive trend in dividend per share growth from $0.20 in 2020 to $0.28 in 2022, and earnings per share growth from $1.64 to $2.33 over the same period. Flushing Financial (NASDAQ:FFIC) has the highest annualized dividend yield in the industry at 6.25%.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:05 pm

KRO

WLKP

Westlake Chemical (NYSE:WLKP) is distributing a dividend of $0.47 per share with an annualized yield of 8.79%. The ex-dividend date was November 09, 2023, and the dividend is payable on November 27, 2023. The company has shown a positive trend in dividend per share growth from $1.80 in 2019 to $1.89 in 2022, and earnings per share growth from $1.64 in 2019 to $2.19 in 2022. This suggests a strong financial health and potential for future dividend increases. Kronos Worldwide (NYSE:KRO) has a slightly higher annualized dividend yield at 8.93%.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:05 pm

PACW

PFS

PacWest Banc (NASDAQ:PACW) is distributing a dividend of $0.01 per share with an annualized yield of 0.56%. Shareholders eligible for the payout were those holding shares before the ex-dividend date of November 10, 2023. The company's dividend per share has decreased from $2.40 in 2019 to $1.00 in 2022, while earnings per share have grown from $3.84 to $4.19 over the same period. This suggests a shift in strategy towards reinvesting profits rather than higher dividend payouts. Provident Finl Servs (NYSE:PFS) has a higher annualized dividend yield of 6.32% compared to PacWest Banc.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:05 pm

DGICA

TIPT

Tiptree (NASDAQ:TIPT) is set to distribute a dividend of $0.05 per share on November 27, 2023, with an annualized yield of 1.32%. Shareholders must have held the stock before November 17, 2023. Despite a steady increase in dividends from $0.15 in 2019 to $0.16 in 2022, Tiptree's earnings per share have decreased from $0.39 in 2019 to $-0.30 in 2022, raising concerns about the sustainability of future dividends. Donegal Gr (NASDAQ:DGICA) has the highest annualized dividend yield in the industry at 4.72%.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:05 pm

LPLA

RILY

LPL Finl Hldgs (NASDAQ:LPLA) is distributing a dividend of $0.30 per share with an annualized yield of 0.56%. The ex-dividend date was November 08, 2023, and the dividend is payable on November 27, 2023. The company has maintained a steady dividend per share of $1.00 from 2019 to 2022, while earnings per share increased from $6.98 to $8.95 over the same period. LPLA's dividend yield is moderate compared to industry peers, with B. Riley Financial (NASDAQ:RILY) having a higher yield at 19.09%.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:05 pm

XENE

Xenon Pharmaceuticals' stock is up following positive topline results from their Phase 2 X-NOVA clinical trial of XEN1101 in Major Depressive Disorder (MDD).

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:02 pm

SPY

The New Home Sales (MoM) for October showed a decrease of 5.6%, indicating a potential slowdown in the housing market. This could have implications for the broader economy and sectors related to home construction and real estate.

Portfolio Pulse from Bill Haddad

November 27, 2023 | 3:01 pm

THAR

Tharimmune Inc (NASDAQ:THAR) reported positive Phase 1 data for TH104, a transmucosal buccal film, showing higher bioavailability and similar pharmacokinetics compared to a European tablet. The studies indicated potential benefits for patients with impaired liver function and consistent safety profiles. The company plans to discuss Phase 2 trial design with the FDA and expects topline data in 2024 for treating chronic pruritis in primary biliary cholangitis patients. THAR's stock price surged 50% to $4.32.

Portfolio Pulse from Vandana Singh

November 27, 2023 | 3:01 pm