Featured Author, Invest 101

US stock quick picks & Crypto highlights – Aug 14

Posted on
by

 

Top Movers: Under $10

iLearningEngines Inc. (AILE) is up 25.74% today to trade at the current level of $3.84. This comes after the company announced financial results for the second quarter ended June 30, 2024.

Zapata Computing Holdings Inc. (ZPTA) zoomed 32.62% in today’s trade to $0.68 after announcing that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Special Operations Command.

In current trading, OrganiGram Holdings Inc. (OGI) stock is at $1.79 following the release of its results for the third quarter ended June 30, 2024.

CXApp Inc (CXAI) rose 85.71% in the early hours of today’s trading to move at $2.73. The company recently announced its Q2 2024 financial results.

In the current trading session, Energy Services of America Corp (ESOA) jumped 33.96% to $8.96 over a previous close of $6.69 after announcing its results for its fiscal third quarter ended June 30, 2024. Total revenues for the period were $85.9 million, compared to $85.5 million in the third quarter of fiscal 2023.

The $6 Billion Income Secret of the World’s Most Successful Investor

Most folks don’t know it, but Buffett’s Berkshire Hathaway will collect $6 Billion in dividend income this year. Most of it from just six stocks.

The truth is, the right dividend stocks can help turbocharge your nest egg. But most folks go about it the wrong way.

Discover  the 3-step trick to finding top dividend stocks to buy and hold forever
Sponsored

Ex-Dividends Stocks

Cheesecake Factory Inc. (CAKE) 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 $0.27 per share. It has fixed August 14 as the record date for the same and will pay the actual dividend on August 27. Last year, the company distributed a total of $1.08 to its shareholders. Based on the last year’s worth of payments, CAKE has a trailing yield of 2.97% on the current stock price of $36.39.

Shares of Clorox Co. (CLX) will be the talk of stock market on Wednesday as the stock will turn ex-dividend. The company’s next dividend payment will be $1.22 per share, and in the last 12 months, it paid a total of $4.80 per share. Last year’s total dividend payments show that CLX has a trailing yield of 3.37% on the current share price of $142.50.

WEC Energy Group Inc (WEC) is also set to go ex-dividend tomorrow. The next dividend payment from WEC will amount to $0.83 per share. August 14 has been designated as the record date for this dividend, with the actual payout scheduled for September 01. In the previous year, WEC distributed a total of $3.23 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for WEC stands at 3.62% based on the current stock price of $89.14.

United Rentals, Inc. (URI) will be paying out a dividend of $1.63 per share to shareholders holding their shares as of the close of the business hours on the record date of August 14. Over the past 12 months, URI has paid out a total of $6.22 per share in dividends. Based on the total dividends paid out last year, URI boasts an impressive trailing yield of 0.90% on the current share price of $689.84.

 

Crypto Market Highlights

  • Vice President Kamala Harris aims to maintain the Biden administration’s strict stance on cryptocurrency regulation.
  • Bitget Wallet, a self-custodial wallet by Bitget exchange, surpassed MetaMask in downloads last month.
  • Grayscale Investments launched a new investment fund for MakerDAO’s governance token, MKR.
  • A wallet linked to Mt. Gox, which received $2.19 billion in Bitcoin, initiated a test transaction; it’s suspected to be Bitgo, a key exchange for Mt. Gox creditors.
  • Marathon Digital Holdings, a US-based Bitcoin mining firm, will label all its US-mined BTC blocks as “Made in USA.”

 

Powered by stocktelegraph.com