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EasyResearch Weekly Dividends Update

Written by Cay-Low Mbedzi | 11-Feb-2024 22:00:00

As the earnings season continues, according to Nasdaq, some of the big names reporting this week include:

  • Coca-Cola Company, with the market expecting earnings to be $0.48 per share.
  • Moody’s Corp is expected to report earnings of $2.34 per share.
  • Occidental Petroleum Corp (OXY), EPS of $0.74.
  • Coinbase is expected to report a loss of $0.06 per share.
  • Barrick Gold Corp's expected earnings are $0.21 per share 
  • Albemarle Corporation is expected to report earnings of $1.09 per share.

As you may know, a positive surprise may result in a surge in stock price, while a negative surprise could potentially drop the price.
For this week, let's take a look at companies preparing to pay dividends, with the last day to buy shares that qualify for dividends falling within the week:

Ford Motor Company, an American automobile manufacturer, along with ConocoPhillips, a leading energy company in the US, and Equinor ASA, a Norwegian energy firm, are all set to distribute both ordinary and special dividends. Novus Holdings Limited (a Southern Africa printing company) will be paying a special dividend only.

Oil giants Shell PLC and BP PLC are spreading cheer across markets! Shell pays dividends in the US, UK, and Europe, and BP will be paying dividends to US and UK shareholders.

Looking for growth in dividends?

  • Yum Brands (American fast-food corporation behind KFC and Pizza Hut) increased its quarterly dividend by 11%.
  • Chevron Corp (American oil and gas company) boosted its quarterly dividend by 8%.
  • Amgen Inc. (a multinational biopharmaceutical company) increased its quarterly dividend by 5%.

When we examine other major events, Fortress, a JSE-listed REIT (Real Estate Investment Trust), plans to buy back all existing FFB shares by offering 0.060207 NRP (NEPI Rockcastle N.V shares) for each FFB share. Additionally, all FFA shares will convert into FFB shares after the plan is executed, along with some changes to Fortress's rules.

In the unlisted real estate environment, EasyProperties' auctions for several properties are underway. Shares bought during this auction period will qualify for dividends in the next quarter from properties with rental income.

Here's the latest dividend update.

 

Europe

Shell PLC will be paying $0.34 per share.

  • Last trading date - 14 February 2024
  • Exchange rate date (€) - 11 March 2024
  • Payment date - 25 February 2024

 

South Africa

KAL Group Limited will be paying R1.30 per share.

  • Last Trading date - 13 February 2024
  • Payment date - 19 February 2024

Novus Holdings Limited will be paying R0.50 per share.

  • Last Trading date - 13 February 2024
  • Payment date - 19 February 2024

 

United Kingdom

Shell PLC will be paying $0.34 per share.

  • Last trading date - 14 February 2024
  • Exchange rate date (£) - 11 March 2024
  • Payment date - 25 February 2024

BP PLC will be paying $0.07 per share.

  • Last trading date - 14 February 2024
  • Exchange rate date (£) - 12 March 2024
  • Payment date - 28 March 2024

Imperial Brands PLC will be paying  £0.51 per share.

  • Last trading date - 14 February 2024
  • Payment date - 28 March 2024

 

America 

Exxon Mobil Corp will be paying $0.95 per share.

  • Last trading date - 12 February 2024
  • Payment date - 11 March 2024

Paccar Inc will be paying $0.27 per share.

  • Last trading date - 13 February 2024
  • Payment date - 06 March 2024

Microsoft Corporation will be paying $0.75 per share.

  • Last trading date - 13 February 2024
  • Payment date - 14 March 2024

Kroger Co will be paying $0.29 per share.

  • Last trading date - 13 February 2024
  • Payment date - 01 March 2024

Cintas Corporation will be paying $1.35 per share.

  • Last trading date - 13 February 2024
  • Payment date - 15 March 2024

Equinor ASA will be paying $0.90 ($0.30 ordinary and $0.60 special) per share.

  • Last trading date - 13 February 2024
  • Payment date - 27 February 2024

Eli Lilly & Co will be paying $1.30 per share.

  • Last trading date - 13 February 2024
  • Payment date - 08 March 2024

BP PLC will be paying $0.43 per share.

  • Last trading date -  14 February 2024
  • Payment date - 28 March 2024

Otis Worldwide Corp will be paying $0.34 per share.

  • Last trading date - 14 February 2024
  • Payment date - 08 March 2024

Gen Digital Inc. will be paying $0.12 per share.

  • Last trading date - 14 February 2024
  • Payment date - 13 March 2024

Duke Energy Corp will be paying $1.02 per share.

  • Last trading date - 14 February 2024
  • Payment date - 18 March 2024

Shell PLC will be paying $0.68 per share.

  • Last trading date - 14 February 2024
  • Payment date - 25 March 2024

Emerson Electric Co will be paying $0.52 per share.

  • Last trading date - 14 February 2024
  • Payment date - 11 March 2024

ConocoPhillips will be paying $0.78 ($0.58 ordinary and $0.20 special) per share.

  • Last trading date - 14 February 2024
  • Payment date - 01 March 2024

3M Company will be paying $1.51 per share.

  • Last trading date - 14 February 2024
  • Payment date - 12 March 2024

Chevron Corporation will be paying $1.63 per share.

  • Last trading date - 14 February 2024
  • Payment date - 11 March 2024

Amgen Inc will be paying $2.25 per share.

  • Last trading date - 14 February 2024
  • Payment date - 07 March 2024

KLA Corporation will be paying $1.45 per share.

  • Last trading date - 14 February 2024
  • Payment date - 01 March 2024

Ford Motor Company will be paying $0.33 ($0.15 ordinary and $0.18 special) per share.

  • Last trading date - 14 February 2024
  • Payment date - 01 March 2024

Walgreens Boots Alliance Inc will be paying $0.25 per share.

  • Last trading date - 15 February 2024
  • Payment date - 12 March 2024
Southern Co will be paying $0.70 per share.
  • Last trading date - 15 February 2024
  • Payment date - 06 March 2024

Cognizant Technology Solutions Corp will be paying $0.30 per share.

  • Last trading date - 15 February 2024
  • Payment date - 28 February 2024
Skyworks Solutions Inc will be paying $0.68 per share.
  • Last trading date - 15 February 2024
  • Payment date - 12 March 2024

Rockwell Automation Inc will be paying $1.25 per share.

  • Last trading date - 15 February 2024
  • Payment date - 11 March 2024

EQT Corporation will be paying $0.15 per share.

  • Last trading date - 15 February 2024
  • Payment date - 01 March 2024

Johnson & Johnson will be paying $1.19 per share.

  • Last trading date -  15 February 2024
  • Payment date - 05 March 2024

United Parcel Service Inc will be paying $1.63 per share.

  • Last trading date - 15 February 2024
  • Payment date - 08 March 2024

Wynn Resorts Ltd will be paying $0.25 per share.

  • Last trading date - 15 February 2024
  • Payment date - 29 February 2024

Gladstone Investment Corporation will be paying $0.08 per share.

  • Last trading date - 16 February 2024
  • Payment date - 29 February 2024

Gladstone Land Corp will be paying $0.04 per share.

  • Last trading date - 16 February 2024
  • Payment date - 29 February 2024

Target Corp will be paying $1.10 per share.

  • Last trading date - 16 February 2024
  • Payment date - 10 March 2024

Yum Brands Inc will be paying $0.67 per share.

  • Last trading date - 16 February 2024
  • Payment date - 08 March 2024

     

 

 

Sources – EasyResearch.

Follow Cay-Low Mbedzi

@caylow_SA

 

 

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