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QUBT

Ascendiant Capital analyst Edward Woo has maintained a Buy rating on Quantum Computing Inc. (NASDAQ: QUBT) but has reduced the price target from $9 to $8.75.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 3:16 pm

IBTO

UDN

UUP

Investors are selling U.S. dollar holdings as expectations grow that the Federal Reserve's rate hike cycle may end, with potential rate cuts in early 2024. The dollar index (DXY) has dropped nearly 3% since November, indicating the worst month in over a year. The Invesco DB USD Index Bearish ETF (UDN) rose 2.8%, while the Bullish Fund ETF (UUP) fell 2.3%. Asset managers are selling dollar positions, with a 1.6% reduction in open dollar positions this month. Foreign investors were net sellers of U.S. Treasuries in September. The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) was down 1.9% in recent trading.

Portfolio Pulse from Neil Dennis

November 24, 2023 | 3:13 pm

NYCB

SBFG

SB Finl Gr (NASDAQ:SBFG) is set to pay a dividend of $0.14 per share on November 24, 2023, with an annualized yield of 4.22%. Shareholders must have held the stock before the ex-dividend date of November 09, 2023. The company has shown a consistent increase in dividends per share from $0.34 in 2019 to $0.48 in 2022, and earnings per share have also grown from $1.52 to $1.56 over the same period. SB Finl Gr's financial health appears strong, indicating the potential to sustain dividend distributions. New York Community (NYSE:NYCB) has the highest annualized dividend yield in the industry at 7.45%.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:05 pm

ARTNA

WTRG

Artesian Resources (NASDAQ:ARTNA) is distributing a dividend of $0.29 per share today, with an annualized yield of 2.75%. The dividend went ex-dividend on November 15, 2023. The company has shown a steady increase in dividend per share from $0.98 in 2019 to $1.09 in 2022, and earnings per share growth from $1.60 to $1.97 over the same period. This suggests a strong financial position and potential for continued dividend growth. Essential Utilities (NYSE:WTRG) has a higher annualized dividend yield of 3.51% among industry peers.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:05 pm

MSBI

WASH

Midland States Bancorp (NASDAQ:MSBI) is set to pay a dividend of $0.30 per share on November 24, 2023, with an annualized yield of 5.19%. Shareholders must have held the stock before the ex-dividend date of November 16, 2023. The company has shown a positive trend in dividend per share growth from $0.97 in 2019 to $1.15 in 2022, and an increase in earnings per share from $2.57 to $4.06 over the same period. This suggests a strong financial position and potential for continued dividend payouts. Washington Trust Bancorp (NASDAQ:WASH) has the highest annualized dividend yield among industry peers at 8.47%.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:05 pm

A

TECH

Bio-Techne (NASDAQ:TECH) is distributing a dividend of $0.08 per share with an annualized yield of 0.56%. The company has shown a consistent dividend per share of $1.28 from 2019 to 2022 and an increase in earnings per share from $1.15 to $1.97 over the same period. This indicates a stable dividend policy and a strong financial standing. Agilent Technologies (NYSE:A) has a higher annualized dividend yield of 0.76% among industry peers.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:05 pm

FNWB

PWOD

First Northwest Bancorp (NASDAQ:FNWB) has announced a dividend payout of $0.07 per share with an annualized yield of 2.25%, payable on November 24, 2023, to shareholders on record as of November 10, 2023. The company has shown a positive trend in dividend growth from $0.13 to $0.28 per share from 2019 to 2022 and an increase in earnings from $0.89 to $1.60 per share over the same period. This suggests a strong financial position and potential for continued profit distribution to investors. First Northwest Bancorp's dividend yield is moderate compared to its industry peers, with Penns Woods Bancorp (NASDAQ:PWOD) having a higher yield at 6.29%.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:05 pm

STM

STMicroelectronics NV (STM) has signed a fifteen-year Power Purchase Agreement with ERG to supply renewable energy to its Italian operations from 2024 to 2038. The deal involves the sale of approximately 250 GWh of renewable energy annually from Sicilian wind farms, contributing to STM's goal of becoming carbon neutral by 2027. STM recently reported Q3 FY23 revenue growth of 2.5% YOY to $4.43 billion, surpassing estimates, with an EPS of $1.16.

Portfolio Pulse from Lekha Gupta

November 24, 2023 | 3:02 pm

FILUSD

Filecoin (CRYPTO: FIL) has seen a 3.64% price increase over the past 24 hours to $4.62, despite a 1.0% decline over the past week. The coin's all-time high is $236.84. Trading volume has decreased by 52.0% over the past week, while the circulating supply has increased by 0.73% to 472.40 million, which is 24.09% of the max supply. Filecoin's market cap is currently ranked #33 at $2.18 billion.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:00 pm

CROUSD

Cronos (CRYPTO: CRO) has seen a price increase of 8.44% in the last 24 hours, reaching $0.10. Over the past week, the price has risen over 3.0%, despite a 6.0% decrease in trading volume and a 0.54% decrease in circulating supply. The current market cap ranks CRO at #30, valued at $2.63 billion. The article includes a comparison of daily and weekly price volatility using Bollinger Bands.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 3:00 pm