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US stock picks and dividends this week

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Top Movers: Under $10

Greenlane Holdings Inc (GNLN) is up 204.33% today to trade at the current level of $7.52. This comes after the company announced that it has entered into a non-binding letter of intent to be the exclusive distributor in the U.S. of Safety Strips, Inc.’s fentanyl, xylazine and drink spike detection test strips.

Revance Therapeutics Inc (RVNC) zoomed 86.12% in today’s trade to $6.57 after announcing a merger agreement with Crown Laboratories.

In current trading, Interactive Strength Inc (TRNR) stock is at $0.58 following news that it received a letter stating that the Nasdaq Hearings Panel has granted the Company’s request for continued listing on the Nasdaq Stock Market.

Draganfly Inc (DPRO) rose 60.00% in the early hours of today’s trading to move at $0.16. The company announced a strategic partnership with The Institute for Drone Technology, a leading drone solution provider for the Australian government and enterprise sectors.

In the current trading session, 60 Degrees Pharmaceuticals Inc (SXTP) jumped 39.71% to $1.56 over a previous close of $1.12 after announcing that it has granted the University of Kentucky a right of reference to the Company’s new drug application for ARAKODA® (tafenoquine).

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Ex-Dividends Stocks

Entergy Corp. (ETR) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company’s next dividend payment will be $1.13 per share. It has fixed August 13 as the record date for the same and will pay the actual dividend on September 03. Last year, the company distributed a total of $4.46 to its shareholders. Based on the last year’s worth of payments, ETR has a trailing yield of 3.81% on the current stock price of $117.16.

Shares of ArcBest Corp (ARCB) will be the talk of the stock market on Tuesday as the stock will turn ex-dividend. The company’s next dividend payment will be $0.12 per share, and in the last 12 months, it paid a total of $0.48 per share. Last year’s total dividend payments show that ARCB has a trailing yield of 0.47% on the current share price of $102.43.

American Water Works Co. Inc. (AWK) is also set to go ex-dividend tomorrow. The next dividend payment from AWK will amount to $0.77 per share. August 13 has been designated as the record date for this dividend, with the actual payout scheduled for September 04. In the previous year, AWK distributed a total of $2.89 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for AWK stands at 2.04% based on the current stock price of $141.35.

Donaldson Co. Inc. (DCI) will be paying out a dividend of $0.27 per share to shareholders holding their shares as of the close of business hours on the record date of August 13. Over the past 12 months, DCI has paid out a total of $1.02 per share in dividends. Based on the total dividends paid out last year, DCI boasts an impressive trailing yield of 1.43% on the current share price of $71.39.

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