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TSLA

Tesla's Berlin car factory production halt is expected to extend until next week due to a suspected arson attack that severed both power lines to the facility, according to Plant Manager Andre Thierig.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 3:08 pm

COIN

Coinbase shares are trading higher as Bitcoin approaches new highs, indicating a positive correlation between the performance of Coinbase and the cryptocurrency market.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 3:08 pm

VIAV

Viavi Solutions' stock is trading higher following the announcement of its agreement to acquire Spirent Communications, indicating a positive market reaction to the acquisition news.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 3:06 pm

ENCP

Energem shares resumed trading after a circuit breaker halt and are now up by 46%. The halt was likely due to the rapid increase in stock price, which is a common measure to prevent excessive volatility and provide a cooling-off period for investors to assess information.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 3:06 pm

LMT

WWD

Woodward (NASDAQ:WWD) announced a dividend payout of $0.25 per share with an annualized yield of 0.74%, maintaining its commitment to investors despite decreased profits. The company's dividend per share has seen an average increase from $0.52 in 2020 to $0.88 in 2023, indicating a focus on returning capital to shareholders. However, Woodward's earnings per share decreased from $3.94 in 2020 to $3.71 in 2023, raising concerns about future dividend sustainability. Lockheed Martin (NYSE:LMT) is mentioned as having the highest annualized dividend yield among Woodward's peers at 2.92%.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:05 pm

CNA

L

Loews (NYSE:L) will distribute a $0.06 per share dividend on March 05, 2024, with an annualized yield of 0.34%. The company has maintained a stable dividend per share of $0.25 from 2020 to 2023, while its earnings per share increased from $-2.48 to $5.84 in the same period. CNA Financial (NYSE:CNA) leads in dividend yield among peers with 4.06%.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:05 pm

NDSN

SWK

Nordson (NASDAQ:NDSN) is distributing a dividend of $0.68 per share today, with an annualized yield of 1.07%. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating financial health and potential for future profit distribution. Nordson's dividend yield is in the middle compared to industry peers, with Stanley Black & Decker (NYSE:SWK) having the highest yield at 3.62%.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:05 pm

CNA

KMPR

Kemper (NYSE:KMPR) maintains its commitment to investors by announcing a dividend payout of $0.31 per share, with an annualized yield of 2.15%. Despite a decrease in earnings per share from $6.44 in 2020 to $-2.13 in 2023, Kemper has increased its dividend per share from $1.20 to $1.24 during the same period. This strategy indicates a focus on shareholder value through dividends, despite earnings challenges. CNA Financial (NYSE:CNA) is noted for having the highest annualized dividend yield at 4.06% among industry peers.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:05 pm

CE

EMN

Celanese (NYSE:CE) is distributing a dividend of $0.70 per share with an annualized yield of 1.89%, reflecting its strong financial performance and commitment to shareholder returns. The company has shown a positive trend in both dividend per share and earnings per share from 2020 to 2023, indicating a robust financial health. Compared to its industry peers, Celanese's dividend yield is in the middle range, with Eastman Chemical (NYSE:EMN) having the highest yield at 3.67%.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 3:05 pm

ALB

Albemarle Corp (NYSE:ALB) shares fell after announcing a proposed public offering of $1.75 billion in depositary shares, with an option for underwriters to purchase an additional $262.5 million. The proceeds are intended for general corporate purposes, including funding growth capital expenditures and repaying outstanding commercial paper. This follows the company's fourth-quarter financial results, reporting $1.9 billion in liquidity.

Portfolio Pulse from Adam Eckert

March 05, 2024 | 3:05 pm