Halliburton, Norfolk Southern By Investing.com


© Reuters.

By Davit Kirakoksyan

Investing.com — Here are 4 big dividend hikes yesterday, all covered in real time on InvestingPro.

Halliburton (NYSE:) hiked its dividend by 33.3% to $0.16 per share, or $0.64 annualized, for an annual yield of 1.6%. The dividend will be payable on March 29, 2023, to stockholders of record on March 1, 2023, with an ex-dividend date of February 28, 2023.

The company also reported its yesterday, with EPS of $0.72 coming in better than the consensus estimate of $0.67. Revenue was $5.58 billion, in line with expectations.

Norfolk Southern (NYSE:) hiked its dividend by 8.9% to $1.35 per share, or $5.4 annualized, for an annual yield of 2.1%. The dividend will be payable on February 21, 2023, to stockholders of record on February 3, 2023, with an ex-dividend date of February 2, 2023.

The company’s Q4 earnings are scheduled for release this morning at 08:45 ET (13:45 GMT).

Canadian National Railway Co (NYSE:) raised its dividend by 8% CAD 0.79, or $0.59 (CAD 1 = $0.75) per common share, which will be paid on March 31, 2023, to shareholders of record at the close of business on March 10, 2023.

The company also approved a share repurchase of CAD 4B of its common stock under a new normal course issuer bid. The company its Q4 results yesterday, with EPS and revenues coming in better than the consensus estimates. Shares fell more than 3% pre-market today.

ONE Gas (NYSE:) hiked its dividend by 4.8% to $0.65 per share, or $2.6 annualized, for an annual yield of 3.3%. The dividend will be payable on March 10, 2023, to stockholders of record on February 24, 2023, with an ex-dividend date of February 23, 2023.

***

For tools, data, and content to help you make better investing decisions, try InvestingPro.

Be the first to comment

Leave a Reply

Your email address will not be published.


*