Dividend Increases/Decreases for the Week of October 10
October 10, 2025
Below we provide a list of firms that raised their dividends during the week ending October 10. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Avient (AVNT): now $0.275 per share quarterly dividend, was $0.270. Lockheed Martin (LMT): now $3.45 per share quarterly dividend, was $3.30. MSC Industrial Direct (MSM): now $0.87 per share quarterly dividend, was $0.85. MV Oil Trust (MVO): now $0.205 per share quarterly dividend, was $0.185. Northwest Natural Holding (NWN): now $0.4925 per share quarterly dividend, was $0.4900. Riley Exploration Permian (REPX): now $0.40 per
Casey’s General Stores Executing Well
October 7, 2025
Image Source: TradingView By Brian Nelson, CFA Casey’s General Stores (CASY) recently reported solid results for the first quarter of fiscal 2026. Revenue advanced 11.5% from the same period a year ago, while diluted earnings per share of $5.77 was up 19.5% from the same quarter last year. EBITDA of $414.3 million was up 19.8% from last year’s period. Inside same-store sales increased 4.3% compared to the prior year, and 6.7% on a two-year stacked basis, with an inside margin of 41.9%. Total inside gross profit increased 14.8%, while total fuel gross profit increased 18.8%. Management had the following to say about the results: Casey’s delivered an excellent first quarter highlighted by strong sales growth both inside and outside the
Lennar Continues to Navigate Weakness in the Housing Market
October 7, 2025
Image Source: TradingView By Brian Nelson, CFA Lennar Corp. (LEN) recently reported third quarter fiscal 2025 results that missed expectations on both the top and bottom lines. Total revenues declined 6.4% as revenues from home sales decreased 9% primarily due to a decline in the average sales price of homes delivered. Deliveries of 21,584 homes were consistent with the prior year, and the company ended the quarter with a backlog of 16,953 homes with a dollar value of $6.6 billion. Management had the following to say about the results: Our third quarter results reflect both the continued pressures of today’s housing market and the consistency of Lennar’s operating strategy. This quarter, we delivered 21,584 homes and recorded 23,004 new orders.
Nike Has Posted 23 Consecutive Years of Increasing Dividend Payouts
October 5, 2025
Image Source: TradingView By Brian Nelson, CFA Nike (NKE) recently reported decent first quarter fiscal 2026 results with both revenue and GAAP earnings per share beating the consensus forecast. First quarter revenues of $11.7 billion were up 1% on a reported basis, but down 1% on a currency neutral basis. Nike Direct revenues fell 5% on a currency neutral basis, while wholesale revenues advanced 5% on a currency neutral basis. Revenues for the Nike brand were flat on a currency neutral basis in the quarter, while sales for Converse dropped 28% on a currency neutral basis. Its gross margin fell 320 basis points, to 42.2%, due to pricing pressure, higher discounts and channel mix, as well as higher tariffs, while
Costco’s Shares Are Not Cheap
October 5, 2025
Image Source: Costco By Brian Nelson, CFA Costco Wholesale Corp. (COST) recently reported fourth quarter fiscal 2025 results, and they were quite good. Both revenue and GAAP earnings per share exceeded expectations. Net sales for the quarter increased 8%, to $84.4 billion, while adjusted comparable sales increased 6.4% on a total company basis, a deceleration from the adjusted annual rate of 7.6%, but still strong. Adjusted comps in the U.S. increased 6%, 8.3% in Canada, and 7.2% in its Other International segment. Adjusted e-commerce revenue grew 13.5% on an adjusted basis. Paid memberships grew 6.3%, while the number of total cardholders expanded 6.1%. Its worldwide membership renewal rate was 89.8%. Management was upbeat on its outlook on the conference call:
Dividend Increases/Decreases for the Week of October 3
October 3, 2025
Below we provide a list of firms that raised their dividends during the week ending October 3. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Armanino Foods of Distinction (AMNF): now $0.05 per share quarterly dividend, was $0.04. Autohome (ATHM): now $0.59/ADS dividend, was $0.57. Bank OZK (OZK): now $0.45 per share quarterly dividend, was $0.44. Farmers & Merchants Bancorp (FMAO): now $0.2275 per share quarterly dividend, was $0.2213. Kish Bancorp (KISB): now $0.40 per share quarterly dividend, was $0.39. RPM (RPM): now $0.54 per share quarterly dividend, was
Dividend Increases/Decreases for the Week of September 26
September 26, 2025
Below we provide a list of firms that raised their dividends during the week ending September 26. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Accenture (ACN): now $1.63 per share quarterly dividend, was $1.48. Bank of South Carolina (BKSC): now $0.23 per share quarterly dividend, was $0.21. City Holding (CHCO): now $0.87 per share quarterly dividend, was $0.79. Concentrix (CNXC): now $0.36 per share quarterly dividend, was $0.33. First United (FUNC): now $0.26 per share quarterly dividend, was $0.22. Honeywell International (HON): now $1.19 per share quarterly dividend,
TJX Companies Is a Standout in Retail
September 25, 2025
Image Source: TradingView By Brian Nelson, CFA TJX Companies (TJX) recently reported better than expected second quarter fiscal 2026 results. The off-price apparel and home fashions retailer posted consolidated comparable store sales growth of 4%, which was above the company’s target. Comparable store sales growth at Marmaxx was 3%, HomeGoods came in at 5%, TJX Canada was 9%, while TJX International came in at 5%. Net sales for the second quarter were $14.4 billion, an increase of 7% versus the second quarter of last year. Its pre-tax profit margin in the quarter of 11.4% increased 0.5 percentage points over last year and was also above its plan. Second quarter diluted earnings per share of $1.10 was up 15% and well
Starbucks’ Turnaround Continues
September 25, 2025
Image Source: TradingView By Brian Nelson, CFA Starbucks (SBUX) recently reported fiscal third quarter results that came in better than feared. Global comparable store sales declined 2%, driven by a 2% decline in comparable transactions, offset in part by a modest increase in average ticket. North America comparable store sales declined 2%, less than the 2.49% decline expected, driven by a 3% decline in comparable transactions, offset in part by a 1% increase in average ticket. U.S. comparable sales dropped 2%, driven by a 4% decline in comparable transactions, offset in part by a 2% increase in average ticket. International comparable store sales were flat, while China comparable store sales increased 2% (versus 1.44% estimate), driven by a 6% increase
Realty Income’s Dividend Remains on Solid Ground
September 20, 2025
Image Source: Realty Income By Brian Nelson, CFA Realty Income (O) recently reported second quarter results with revenue exceeding the consensus forecast, but funds from operations coming in-line with expectations. In the quarter, net income available to common shareholders was $0.22 per share, while adjusted funds from operations (AFFO) came in at $1.05 per share. The REIT invested $1.2 billion at an initial weighted average cash yield of 7.2% in the quarter, while net debt to annualized pro forma adjusted EBITDAre was 5.5x. It achieved a rent recapture rate of 103.4% on properties re-leased in the quarter. Management had the following to say about the results: Realty Income’s ability to deliver attractive, consistent total operational returns across economic cycles reflects
