During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Thu, Aug. 15, 2024

BAODING, China , Aug. 12, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Unaudited Financial Results For the Three Months Ended June 30,  ($ millions) 2024 2023 % Change  Revenues 26.25 30.02 -12.56 %  Regular Corrugating Medium Paper ("CMP")* 21.98 21.93 0.24 %  Light-Weight CMP** 4.23 4.54 -6.93 %  Offset Printing Paper - 3.16 n/a  Tissue Paper Products - 0.34 n/a   Face Masks - 0.04 n/a  Gross profit (loss) 3.27 1.18 176.75 %  Gross profit margin 12.44 % 3.93 % 8.51 pp****  Regular Corrugating Medium Paper ("CMP")* 12.22 % 6.81 % 5.41 pp****  Light-Weight CMP** 12.82 % 7.14 % 5.68 pp****  Offset Printing Paper - 2.42 % n/a  Tissue Paper Products*** - -206.06 % n/a  Face Masks - -8.06 % n/a  Operating income (loss) 0.55 -0.52 205.60 %  Net income (loss) -0.08 -1.25 93.80 %  EBITDA 3.93 2.83 38.87 %  Basic and Diluted earnings (loss) per share -0.01 -0.12 -93.33 %  * Products from PM6  ** Products from PM1  *** Products from PM8 and PM9  **** pp represents percentage points   Revenue decreased by 12.56% to approximately $26.25 million, mainly due to the production suspension of offset printing paper and tissue paper products in the second quarter of 2024.

Mon, Aug. 12, 2024

Investors with an interest in Chemical - Diversified stocks have likely encountered both Compass Minerals (CMP) and Tronox (TROX). But which of these two stocks presents investors with the better value opportunity right now?

Wed, Jul. 17, 2024

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Wed, Jul. 17, 2024

The S&P 500 has gained over 17% year-to-date (YTD), and it is turning out to be another great year for investors. However, amidst all the good news, some huge disappointments have surfaced for investors.

Tue, Jul. 09, 2024