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CIVI

MTDR

Matador Resources (NYSE:MTDR) is distributing a $0.20 per share dividend today, with an annualized yield of 1.41%. The company has shown positive dividend growth from $0.12 to $0.65 per share from 2021 to 2023, and earnings per share growth from $0.66 to $6.86 over the same period. This indicates a strong financial health and commitment to increasing shareholder value. Civitas Resources (NYSE:CIVI) is mentioned as having the highest annualized dividend yield among peers at 8.25%.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:05 pm

BBDC

TRIN

Barings BDC (NYSE:BBDC) announces a dividend payout of $0.26 per share with an annualized yield of 11.43%, reflecting a positive trend in dividend growth from $0.65 in 2020 to $1.02 in 2023. The company's earnings have also increased from $0.61 per share in 2020 to $1.21 per share in 2023, indicating strong financial health and potential for sustained dividend distributions. Trinity Cap (NASDAQ:TRIN) is noted for having the highest annualized dividend yield at 13.40% among industry peers.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:05 pm

DSX

GNK

Genco Shipping & Trading (NYSE:GNK) announces a dividend payout of $0.41 per share with a 9.15% yield, payable on March 13, 2024, to shareholders of record as of March 06, 2024. The company has shown positive dividend growth from $0.32 to $0.95 per share from 2021 to 2023 and an increase in earnings per share from $-0.50 to $0.91, indicating strong financial health and potential for sustained dividend distributions. Diana Shipping (NYSE:DSX) has the highest annualized dividend yield in the industry at 17.10%.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:05 pm

SOS

SOS Ltd – ADR (NASDAQ:SOS) shares plummeted 30% to $1.49 after announcing a public offering of $7.85 million in ADSs and warrants. The offering includes 5,233,332 ADSs and warrants for an additional 10,466,664 ADSs at $1.50 each, exercisable immediately with a five-year term. The proceeds are aimed at funding cloud cryptocurrency mining, security, insurance, and general corporate purposes, with Maxim Group LLC as the placement agent. The offering is expected to close by March 15.

Portfolio Pulse from Henry Khederian

March 13, 2024 | 3:05 pm

LMT

NOC

Northrop Grumman (NYSE:NOC) announces a dividend payout of $1.87 per share with an annualized yield of 1.66%, payable on March 13, 2024, to shareholders of record as of February 23, 2024. The company has shown consistent growth in dividends and earnings from 2020 to 2023, indicating a positive financial trend and the potential for future increases in dividend payouts. Lockheed Martin (NYSE:LMT) is noted for having the highest annualized dividend yield at 2.90% among industry peers.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:05 pm

ARBUSD

Cryptocurrency Arbitrum (ARB) has seen a price increase of 7.07% in the last 24 hours, reaching $2.14, with a weekly gain of over 5.0% from $2.02. The coin's all-time high is $2.39. Trading volume has decreased by 28.0% over the past week, and the circulating supply has slightly dropped to 1.45 billion, representing 14.51% of its max supply. Arbitrum's market cap is currently ranked #47 at $3.11 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:03 pm

META

The U.S. House of Representatives passed a bill requiring ByteDance to sell TikTok or face a U.S. ban, affecting 150 million users. The bill, supported by 352 votes, now moves to the Senate. Arguments varied, with some citing national security concerns and others economic harm and free speech risks. Rep. Massie criticized the bill as beneficial to rival Meta Platforms (META).

Portfolio Pulse from Neil Dennis

March 13, 2024 | 3:03 pm

WOOF

Petco Health And Wellness shares are trading lower after the company released its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 3:02 pm

CROUSD

Cronos (CRYPTO: CRO) has seen a 3.44% decrease in price over the last 24 hours, now at $0.16, contrasting with a 5.0% increase over the past week. Trading volume has dropped 63.0%, and the circulating supply decreased by 0.55%, with a current market cap of $4.19 billion, ranking it #38.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:02 pm

RUNEUSD

THORChain (CRYPTO: RUNE) has seen a significant price increase of 10.07% in the last 24 hours, reaching $10.77. Over the past week, its price has surged over 108%, from $5.18 to its current price. The coin's all-time high is $20.87. Trading volume for RUNE has increased by 59% over the past week, while its circulating supply has slightly decreased by 0.15%, totaling 300.70 million coins. Currently, RUNE's market cap ranks #46 at $3.24 billion.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 3:02 pm