Dividend News

■ Analysis · Aug 3 Cintas Raises Quarterly Dividend to $0.52, Signaling Capital Return Focus Cintas increases its quarterly dividend to $0.52, reflecting confidence in cash flow and a commitment to returning capital to shareholders. CTAS ■ ETF · Aug 3 Vanguard Dividend Growth Fund Downgraded After Manager Change Vanguard Dividend Growth Fund's rating was cut to Bronze from Gold after a manager change and process overhaul, raising uncertainty about its future. VIGAAPL ■ ETF · Aug 3 Schwab Dividend ETF SCHD Gains 26% in 2026, Outpacing S&P 500 The Schwab U.S. Dividend Equity ETF (SCHD) has returned 26% in 2026, beating the S&P 500, with a focus on quality dividend payers. SCHD ■ Announcement · Aug 3 Landstar System Raises Dividend 10% and Completes Buyback Program Landstar System increased its quarterly dividend by 10% to $0.44 per share and completed its share repurchase program, alongside Q2 earnings growth and leadership changes. LSTR ■ Announcement · Aug 3 Sallie Mae Declares Q3 Dividends on Common and Preferred Stock Sallie Mae (SLM) announced third-quarter dividends of $1.4393042 per share on Series B preferred stock and $0.13 per share on common stock, payable Sept. 15. SALLIE ■ Increase · Aug 3 Realty Income Declares 135th Dividend Hike, Q2 Earnings Due Aug. 4 Realty Income (O) raises dividend for 135th time, with Q2 earnings set for Aug. 4. Analysts expect revenue of $1.43B and FFO of $1.09 per share. O ■ Cut · Aug 2 Telus (TU) Cuts Dividend 55%, Lowers Guidance; Stock Falls 11% Telus slashed its dividend by 55% and cut guidance after a Q2 impairment, sending shares down 11%. TU ■ Cut · Aug 2 TELUS (TSX:T) Valuation After Dividend Cut and Impairment TELUS shares fell sharply after a 55% dividend cut and C$2.1b impairment. Trading at CA$13.38, the stock shows a P/E of 22.7x versus industry average of 17.4x. T ■ Cut · Aug 2 BDC Dividend Cuts: Blue Owl, FS KKR, and Ares Face Rate Pressures Blue Owl Capital cut its base dividend to $0.31, reflecting lower interest rates. FS KKR also reduced payouts, while Ares and Main Street show mixed trends. BDC ■ Increase · Aug 2 DiamondRock Hospitality Q2 2026 Results and Dividend Increase DiamondRock Hospitality reported higher Q2 revenue and net income, raised its full-year outlook, and increased its quarterly dividend by 22% to $0.11 per share. DRH ■ Increase · Aug 2 Realty Income Raises Dividend for 135th Time, Q2 Report Due Aug. 4 Realty Income (O) declared its 135th dividend increase and will report Q2 earnings on Aug. 4. Analysts expect revenue of $1.43B and FFO of $1.09 per share. O ■ Cut · Aug 2 Taylor Wimpey Cuts Dividend, Omits Guidance Despite Strong Results Taylor Wimpey reported strong results but cut its dividend and provided no guidance, overshadowing the positive earnings. TSCO ■ Cut · Aug 2 Blue Owl's Dividend Cut Signals BDC Sector Pressure; Peers Under Scrutiny Blue Owl Capital cut its base dividend to $0.31, reflecting lower portfolio yields. Peers like Main Street, Ares, and FS KKR face similar headwinds. BDCOBDCMAINARCC ■ ETF · Aug 2 VYM's 20-Year Growth Potential: A $1,000 Investment's Historical Performance Based on historical returns, a $1,000 investment in the Vanguard High Dividend Yield ETF could grow to nearly $6,000 in 20 years, highlighting the power of dividend compounding. VYMAVGOJPMJNJ ■ Announcement · Aug 2 Altria (MO) Set for 56th Consecutive Annual Dividend Increase in August Altria Group is expected to announce its 56th consecutive annual dividend increase in August, with a predicted raise of 3.7-4.7% to $4.40-$4.44 per share. MOAWR ■ Cut · Aug 2 Telus (TU) Cuts Dividend 55%, Lowers 2026 Outlook; Stock Slides Telus Corp. slashed its dividend by 55% and cut its 2026 guidance, sending shares down over 11%. The company cited a large impairment and higher capex. TU ■ ETF · Aug 1 VYM's Historical Returns: A $1,000 Investment Over 20 Years Historical data shows Vanguard High Dividend Yield ETF (VYM) has delivered 9.32% annualized returns since 2006. A $1,000 investment could grow to nearly $6,000 in 20 years. VYM ■ Increase · Aug 1 Cactus (WHD) Q2 2026 Results: Revenue Up, Dividend Raised, Board Expanded Cactus reported Q2 2026 revenue of $449.53M and net income of $49.00M, raised its quarterly dividend to $0.15 per share, and added Joseph Elkhoury to the board. WHD ■ Cut · Aug 1 Telus (TU) Cuts Dividend 55%, Lowers 2026 Guidance Telus slashes dividend by 55%, cuts 2026 outlook, and reports Q2 loss, sending shares down over 11%. TU ■ ETF · Aug 1 BNY Mellon Municipal Intermediate ETF Sets Ex-Dividend Date for August 3, 2026 BKMI will trade ex-dividend on August 3, 2026, with a dividend of $0.07558 per share, payable on August 6, 2026. NBND ■ ETF · Aug 1 SCHD Dividend Income: How Much to Cover Monthly Groceries Based on USDA data, a family of four spends about $1,013 monthly on groceries. To cover that with SCHD dividends, you'd need roughly $363,550 invested, given its 3.3% yield. SCHD ■ Announcement · Aug 1 Chevron Q2 2024 Results: Dividend Coverage and Balance Sheet Strength Chevron's Q2 2024 earnings and cash flow surged, covering its dividend and reducing debt. The company's payout remains well-supported. CVX ■ Cut · Aug 1 Conagra Brands Cuts Dividend, Lowers FY27 Outlook; CAG Stock Falls Conagra Brands (CAG) reduced its dividend and issued weak FY27 guidance, leading to a 3.46% drop in its stock price on July 31, 2026. CAG ■ Increase · Aug 1 Union Pacific Boosts Quarterly Dividend by 3% to $1.42 Union Pacific Corporation increases its quarterly dividend by 3% to $1.42 per share, payable September 30, 2026. UNP