Dividend News

■ Analysis · Jul 22 Verizon Cuts 3,000 Jobs, Transfers 274 Stores to Franchisees; 6.5% Dividend Remains Covered Verizon is cutting 3,000 jobs and converting 274 stores to franchises ahead of Q2 earnings. Despite restructuring, the 6.5% dividend appears safe with free cash flow covering payouts nearly twice over. VZ ■ Increase · Jul 22 Northern Trust Boosts Quarterly Dividend by 10% to $0.88 per Share Northern Trust Corporation announced a 10% increase in its quarterly dividend to $0.88 per share, payable on July 21, 2026, as per an SEC filing. NTRS ■ Announcement · Jul 22 Rogers Communications Declares $0.50 Quarterly Dividend for September 2026 Rogers Communications announced a quarterly dividend of $0.50 per share, payable on October 2, 2026 to shareholders of record on September 8, 2026. RCI ■ Cut · Jul 22 TELUS Dividend Sustainability Under Scrutiny Amid High Leverage and Competitive Pressures TELUS Corporation faces potential dividend cut of 35-40% due to unsustainable payout, high leverage, and telecom price wars, according to analysis. TU ■ Increase · Jul 22 J.M. Smucker Boosts Dividend 2%, Appoints New Supply Chain Chief J.M. Smucker raised its quarterly dividend to $1.12 per share and named Douglas Guilherme as SVP of Operations and Supply Chain, emphasizing cash returns and operational efficiency. SJM ■ Announcement · Jul 22 AmeriServ Financial Q2 2026 Net Income Rises to $2.7M, Declares $0.03 Dividend AmeriServ Financial reported Q2 2026 net income of $2.7 million, up from a loss a year ago, and declared a $0.03 quarterly dividend. ASRV ■ Increase · Jul 22 First Financial Bancorp Q2 2026 Earnings, Dividend Increase, and Finward Acquisition First Financial Bancorp reports record adjusted EPS of $0.80, raises quarterly dividend to $0.26, and announces acquisition of Finward Bancorp. FFBC ■ Increase · Jul 22 Cummins (CMI) Boosts Dividend by 10% Amid Raised 2026 Guidance Cummins raises quarterly dividend to $2.20 per share, signaling confidence in earnings and cash flow despite truck market headwinds. CMI ■ Increase · Jul 22 · detected in our data MSST declares $0.108 per share weekly distribution, 0.93% above last week MSST announced a weekly distribution of $0.108 per share, up 0.93% from the prior week, with ex-dividend date 2026-07-21. MSST ■ Cut · Jul 22 · detected in our data NVIT declares $0.234 per share weekly distribution, 2.5% below last week YieldMax NVDA ETF (NVIT) declared a weekly distribution of $0.234 per share, down 2.5% from the prior week's $0.240. NVIT ■ Cut · Jul 22 · detected in our data TEST declares $0.2030 per share weekly distribution, 5.58% below last week YieldMax TSLA ETF TEST declares $0.2030 weekly distribution, down 5.58% from prior week; ex-dividend date July 21, 2026. TEST ■ Announcement · Jul 21 Dynamic Active ETFs and ETF Series Announce July 2026 Distributions Dynamic announced July 2026 cash distributions for its Active ETFs and ETF Series, payable on July 31, 2026, to unitholders of record on July 28, 2026. ■ ETF · Jul 21 Dividend ETFs vs. Bond ETFs: Comparing Income Options for 2026 With bond yields now competitive, investors weigh dividend ETFs' growth potential against bond ETFs' stability for 2026 portfolios. BNDSGOVSCHD ■ Increase · Jul 21 Mercantile Bank Corporation Hikes Quarterly Dividend to $0.40 Mercantile Bank Corporation increases its regular quarterly cash dividend to $0.40 per share, representing a 2.6% sequential and 5.3% year-over-year increase. MNRK ■ Announcement · Jul 21 YieldMax ETFs Announce Weekly Distributions for Multiple Option Income ETFs Starting July 23, 2026 YieldMax ETFs declared weekly distributions for Group 1 option income ETFs, with annualized rates from ~26% to over 60%, payable July 23, 2026. JEPI ■ Increase · Jul 21 Metropolitan Bank Holding Corp. Boosts Quarterly Dividend to $0.35 Per Share Metropolitan Bank Holding Corp. (MCB) announced a 40% increase in its quarterly dividend to $0.35 per share, payable August 11 to shareholders of record July 31. MCB ■ Increase · Jul 21 Mercantile Bank (MBWM) Raises Quarterly Dividend to $0.40 Mercantile Bank Corp increases its quarterly cash dividend by 2.6% to $0.40 per share, payable September 16. MBWM ■ Increase · Jul 21 Marsh & McLennan (MRSH) Q2 2026: Revenue Up 6%, Dividend Raised 10% Marsh & McLennan reported 6% revenue growth and 9% adjusted EPS growth for Q2 2026, alongside a 10% dividend increase and share repurchases. MRSH ■ Announcement · Jul 21 American Electric Power Declares $0.95 Quarterly Dividend AEP's board declared a $0.95 quarterly dividend, payable Sept. 10, 2026, to shareholders of record Aug. 10, 2026. AEP ■ ETF · Jul 21 SCHD vs VIG: Comparing Dividend Yield, Fees, and Sector Exposure SCHD offers a higher dividend yield (3.2%) while VIG has lower fees (0.04%). Both ETFs track different indexes, leading to distinct sector weightings and performance. SCHDVIG ■ Increase · Jul 21 Home Bancorp (HBCP) Q2 2026: EPS Inline, Revenue Beats, Dividend Raised 3% Home Bancorp reported Q2 2026 EPS of $1.48 (inline) and revenue of $39.72M (beat by 6.4%), while raising its quarterly dividend by 3%. HBCP ■ Increase · Jul 21 Home Bancorp Q2 2026 Net Income Rises, Dividend Increased 3% Home Bancorp reported Q2 2026 net income of $11.6 million, up from Q1, and increased its quarterly dividend by 3%. HBCP ■ Announcement · Jul 21 PSEG Declares $0.67 Quarterly Dividend for Q3 2026 PSEG's board declared a $0.67 per share dividend for Q3 2026, payable September 30 to shareholders of record September 9. PEG ■ Increase · Jul 21 · detected in our data SPHD raises monthly dividend 1.9% to $0.2150 per share Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) increased its monthly dividend by 1.9% to $0.2150 per share, with ex-dividend date July 20, 2026. SPHD