Advertisement
Singapore markets close in 6 hours 24 minutes

  • Straits Times Index

    3,171.25
    -16.41 (-0.51%)
     

  • Nikkei

    36,766.09
    -1,313.61 (-3.45%)
     

  • Hang Seng

    16,161.51
    -224.36 (-1.37%)
     

  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     

  • Bitcoin USD

    60,176.56
    -1,394.51 (-2.26%)
     

  • CMC Crypto 200

    1,246.48
    +360.94 (+37.97%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Gold

    2,420.90
    +22.90 (+0.95%)
     

  • Crude Oil

    85.75
    +3.02 (+3.65%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • FTSE Bursa Malaysia

    1,546.42
    +1.66 (+0.11%)
     

  • Jakarta Composite Index

    7,096.44
    -70.38 (-0.98%)
     

  • PSE Index

    6,490.34
    -32.85 (-0.50%)
     

5 big dividend moves: Group 1 Automotive hikes by 20% | Pro Recap

Investing.com
·2-min read

Investing.com -- Here is your daily Pro Recap of the biggest dividend headlines you may have missed on InvestingPro since yesterday. Start your free 7-day trial to get this news first.

Group 1's big payout raise

Group 1 Automotive (NYSE:GPI) hiked its dividend by 20% to $0.45 per share, or $1.8 annualized, for an annual yield of 0.8%. The dividend will be payable on February 14, 2023, to stockholders of record on February 14, 2023, with an ex-dividend date of February 13, 2023.

Shares were up more than 2% after-hours yesterday.

The company reported its Q4 results last month, with both EPS and revenues coming in better than the Street estimates.

A hike at Analog Devices

Analog Devices (NASDAQ:ADI) hiked its dividend by 13.2% to $0.86 per share, or $3.44 annualized, for an annual yield of 1.9%. The dividend will be payable on March 8, 2023, to stockholders of record on February 27, 2023, with an ex-dividend date of February 24, 2023.

ADVERTISEMENT

The company will report its Q1 earnings results premarket this morning.

Two more hikes and a raised special dividend

Public Service Enterprise (NYSE:PEG) hiked its dividend by 5.6% to $0.57 per share, or $2.28 annualized, for an annual yield of 3.7%. The dividend will be payable on March 31, 2023, to stockholders of record on March 10, 2023, with an ex-dividend date of March 9, 2023.

The company will report its Q4 results on Feb 21 before the market opens.

Exelon Corp (NASDAQ:EXC) hiked its dividend by 6.7% to $0.36 per share, or $1.44 annualized, for an annual yield of 3.5%. The dividend will be payable on March 10, 2023, to stockholders of record on February 27, 2023, with an ex-dividend date of February 24, 2023.

Shares closed more than 2% higher yesterday after the company reported its Q4 results, with better-than-expected revenues and in-line EPS.

Sesen Bio (NASDAQ:SESN) shareholders will get a special dividend of $0.36 per share as part of its merger agreement with Carisma Therapeutics Inc - up $0.02 from the dividend amount cited in the prior agreement.

Shares jumped more than 14% yesterday.

Related Articles

5 big dividend moves: Group 1 Automotive hikes by 20% | Pro Recap

Roblox Corp beats quarterly bookings estimates

Generac reports mixed results, better-than-expected full year guidance