Dividend News

■ Cut · Jul 28 Conagra Brands Cuts Dividend by 50% to Bolster Balance Sheet Conagra Brands slashed its dividend by 50% to free up $1 billion for debt reduction and brand investment amid persistent sales and margin pressures. CAG ■ Increase · Jul 28 Tamarack Valley Energy Reports Record Q2 Cash Flows, 25% Dividend Hike Tamarack Valley Energy (TVE) achieved record Q2 cash flows, boosted Clearwater production by 15%, eliminated net debt via asset sale, and raised dividend by 25%. TVE ■ Increase · Jul 28 Principal Financial Group Raises Quarterly Dividend to $0.84 Principal Financial Group increased its quarterly dividend by 2.4% to $0.84 per share, payable September 25, 2026. The annualized dividend is $3.36, yielding approximately 3.0%. PFG ■ Increase · Jul 28 First Community (FCCO) Completes Signature Bank of Georgia Acquisition, Raises Dividend First Community Corporation completed its acquisition of Signature Bank of Georgia, announced leadership changes, and increased its quarterly dividend to $0.17 per share. FCCO ■ Increase · Jul 28 CenterPoint Energy (CNP) Raises Dividend 4.2% to $0.24 Quarterly, Aligns with 6% Growth Target CenterPoint Energy increased its quarterly dividend by $0.01 to $0.24 per share, matching its 6% annual growth target. The hike supports the company's plan to grow EPS 6-8% through 2030 via capital projects. CNP ■ Increase · Jul 28 BKI Investment Company Reports Higher Profit, Portfolio Value, and Shift to Quarterly Dividends BKI Investment Company reported a 4% rise in net profit to $64.4 million for FY2026, with portfolio value up 6% to $1.67 billion. The company will transition to quarterly dividends from FY2027. BKI ■ Cut · Jul 28 BCE Slashes Dividend, Pivots to AI and Fiber for Future Growth BCE cut its dividend by over 50% to fund debt reduction and AI infrastructure investments, as revenue from AI solutions surges 113%. BCE ■ ETF · Jul 28 SCHD Yields 3.3% and Targets 15th Consecutive Dividend Increase in 2026 The Schwab U.S. Dividend Equity ETF (SCHD) yields 3.3% and is on track for its 15th consecutive year of dividend growth in 2026, with a five-year annualized growth rate of 7.5%. SCHDVYM ■ Increase · Jul 28 · detected in our data SPFI raises its quarterly dividend 5.88% to $0.18 per share South Plains Financial increases its quarterly dividend by 5.88% to $0.18 per share, marking the sixth consecutive annual increase. SPFI ■ Increase · Jul 28 · detected in our data RY raises its quarterly dividend 4.08% to $1.249 per share Royal Bank of Canada increased its quarterly dividend by 4.08% to $1.2490 per share, with the ex-dividend date set for July 27, 2026. RY ■ Analysis · Jul 27 First Trust Rising Dividend Achievers ETF Outperforms SCHD Over Decade The First Trust Rising Dividend Achievers ETF (RDVY) has returned 15.96% annually over 10 years, outpacing SCHD's 12.5%, but with higher volatility and a lower yield. SCHD ■ Analysis · Jul 27 New US Tariffs Highlight International Dividend ETFs The US imposed tariffs on 60 trading partners. International dividend ETFs may offer defensive income and exposure. ■ Analysis · Jul 27 Calculating the Investment Needed for $1,000 Monthly Income from SCHD To generate $1,000 per month in dividends from the Schwab U.S. Dividend Equity ETF, an investment of roughly $364,000 is required based on its current 3.3% yield. SCHD ■ Increase · Jul 27 California Bancorp Reports Higher Q2 Profit, Plans Dividend Increase California Bancorp (BCAL) posted a rise in Q2 profit and announced a dividend increase, reflecting improved financial performance. CALB ■ Increase · Jul 27 UFP Industries (UFPI) Raises Quarterly Dividend 3% to $0.36, Emphasizes Shareholder Returns UFP Industries increased its quarterly dividend by 3% to $0.36 per share, payable September 15, 2026, alongside a $300 million share repurchase authorization, highlighting a capital allocation strategy focused on returning cash to shareholders. UFPI ■ Analysis · Jul 27 NNN REIT Extends Dividend Hike Streak to 37 Years NNN REIT raised its quarterly dividend by 3.3% to $0.62 per share, marking its 37th consecutive annual increase. The company also expanded its credit facility to $500 million to support acquisition growth. NNN ■ Increase · Jul 27 Macnica Holdings Q1 Earnings Surge, Dividend Outlook Raised to ¥80 Macnica Holdings reported Q1 net sales up 39.7% YoY to ¥393.4B, with net income more than doubling. The company maintained full-year guidance and raised its annual dividend forecast to ¥80 per share. ■ Increase · Jul 27 GALP Raises 2026 EBITDA Guidance, Increases Dividend, Expands Renewables Galp Energia raised its 2026 EBITDA guidance to €4 billion, increased its dividend by 10%, and expanded renewables capacity to 2.7 GW. GALP ■ Increase · Jul 27 GALP Reports Strong H1 2026 Results, Lifts Dividend by 10% Galp Energia reported H1 2026 RCA EBITDA up 47% YoY and net income up 44% YoY, driven by higher production and refining margins. The company upgraded full-year guidance and proposed a 10% dividend increase. GALP ■ Announcement · Jul 27 Flagstar Bank Declares $0.01 Quarterly Dividend on Common Stock Flagstar Bank, N.A. announced a $0.01 per share quarterly cash dividend on common stock, payable September 17, 2026, along with dividends on three preferred stock series. ■ Increase · Jul 27 Encompass Health (EHC) Raises Quarterly Dividend to $0.21 Encompass Health increased its quarterly dividend to $0.21 per share, payable Oct 15, 2026. The hike reflects capital return amid a $500M debt issuance and expansion plans. EHC ■ Increase · Jul 27 Bank of America (BAC) Raises Dividend to $0.32 as Q2 2026 Earnings Rise Bank of America increased its quarterly dividend by $0.04 to $0.32 per share, supported by higher net income and net interest income in Q2 2026. BAC ■ Cut · Jul 27 Conagra Brands Halves Dividend to Accelerate Debt Reduction and Reinvestment Conagra Brands cuts its dividend by 50% to free up $335 million annually for debt repayment and business reinvestment, as new CEO drives turnaround. CAG ■ Increase · Jul 27 Home BancShares (HOMB) Raises Quarterly Dividend by 9.5% Home BancShares, Inc. (NYSE: HOMB) declared a $0.23 quarterly dividend, a 9.5% increase from the prior quarter, payable September 2, 2026. HBMD