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TWLO

Twilio Inc. shares have risen following an upgrade by Piper Sandler from Neutral to Overweight, with an increased price target from $75 to $82.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 3:06 pm

CTRE

MPW

CareTrust REIT (NYSE:CTRE) distributed a dividend of $0.28 per share, with an annualized yield of 4.99%. The dividend reflects a positive growth pattern from 2020 to 2023, with dividends per share increasing from $1.00 to $1.12 and earnings per share growing from $1.36 to $1.43. CareTrust REIT's financial health appears strong, and it is positioned in the middle of its industry peers in terms of dividend yield, with Medical Properties Trust (NYSE:MPW) having the highest yield at 24.93%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

ALCO

LND

Alico, Inc. (NASDAQ:ALCO) has paid out a dividend of $0.05 per share, with an annualized yield of 0.67%. The dividend payout has decreased significantly from $0.50 in 2021 to $0.05 in 2023. Alico's earnings per share have also declined from $0.23 in 2020 to $-3.22 in 2023, indicating financial challenges and raising concerns about future dividend sustainability. In comparison, Brasilagro - Cia Bras (NYSE:LND) offers a higher annualized dividend yield of 12.76%, outperforming Alico in terms of yield.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

EMBC

XRAY

Dentsply Sirona (NASDAQ:XRAY) is set to distribute a dividend of $0.14 per share with an annualized yield of 1.65%. The company has shown a consistent increase in dividend per share from $0.40 in 2020 to $0.56 in 2023, and an increase in earnings per share from $1.65 in 2020 to $1.85 in 2023. This suggests a strong financial position and the potential for continued dividend growth. Embecta (NASDAQ:EMBC) has the highest annualized dividend yield in the industry at 3.41%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

FFIC

WASH

Washington Trust Bancorp (NASDAQ:WASH) is set to distribute a dividend of $0.56 per share on January 12, 2024, with an annualized yield of 7.00%. Shareholders eligible for this dividend must have held the stock before December 29, 2023. The company has shown a positive dividend growth from $2.05 in 2020 to $2.24 in 2023. However, there's a concern due to the decrease in earnings per share from $3.84 in 2020 to $3.00 in 2023, indicating a decline in profitability. Washington Trust Bancorp's dividend yield surpasses that of Flushing Financial (NASDAQ:FFIC), which has an annualized yield of 5.51%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

CMG

Senator John W Hickenlooper sold between $100,001 and $250,000 worth of Chipotle Mexican Grill (NYSE:CMG) stock on January 11, 2024, as reported by a Periodic Transaction Report from the U.S. Senate. Chipotle's shares were trading at $2276.51 with no change at the time of the report. Congressional transactions are not primary indicators for investing decisions but can be considered by investors. The STOCK Act prevents Congress members from using non-public information for personal gain in stock transactions.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

BEN

FSK

Franklin Resources (NYSE:BEN) is set to distribute a dividend of $0.31 per share with an annualized yield of 4.86%. The dividend is payable to shareholders who held the stock before January 02, 2024. The company has shown an average increase in dividend per share from $1.09 in 2020 to $1.21 in 2023, indicating a commitment to returning capital to shareholders. However, earnings per share have decreased from $2.62 in 2020 to $2.59 in 2023, raising concerns about the sustainability of future dividends. Franklin Resources's dividend yield is moderate compared to industry peers like FS KKR Capital (NYSE:FSK), which has a yield of 13.65%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

SCHW

Georgia Representative Rick Allen reported purchasing Charles Schwab (NYSE:SCHW) stock valued between $50,001 and $100,000 on January 11, 2024. The shares of Charles Schwab were trading up 0.38% at $65.51 at the time of the report. Congressional transactions are monitored under the STOCK Act, which prohibits the use of non-public information for personal gain and requires prompt disclosure of their trades.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:05 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has decreased by 3.09% over the past 24 hours to $0.58, despite a 10% increase over the past week. The trading volume has increased by 8.0%, while the circulating supply has decreased by 0.3%. Cardano's current market cap is $20.46 billion, ranking it 9th.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:03 pm

WBTCUSD

Wrapped Bitcoin (WBTC) experienced a 6.14% price drop over the past 24 hours, contrasting with a 5.0% gain over the past week. The current price is $45,478.00. Trading volume has increased by 111.0%, while the circulating supply slightly decreased by 0.05%. WBTC's market cap is $7.23 billion, ranking it #17.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 3:02 pm