Federal Reserve Chairman Jerome Powell has dispelled any remaining uncertainty by signaling that the central bank is preparing to shift its monetary policy, effectively paving the way for imminent interest rate cuts.
Inflation unexpectedly surges, shattering hopes for Fed rate cuts & sending stocks down. Core inflation also exceeded expectations. No sector escapes losses, with real estate hit hardest.
Companies Reporting Before The Bell • Freeport-McMoRan (NYSE:FCX) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
Investors eagerly anticipate the dividend payout from Lakeland Bancorp (NASDAQ:LBAI) on November 16, 2023. With a payout of $0.14 per share and an annualized dividend yield of 5.22%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on November 03, 2023
By the close of today, November 10, 2023, MetroCity Bankshares (NASDAQ:MCBS) will issue a dividend payout of $0.18 per share, resulting in an annualized dividend yield of 3.54%. Only those investors who owned the stock prior to the ex-dividend date on October 31, 2023 will receive this payout.
