Here's What's New In The World Of Investing...

The Daily Dividend 5/5/25

May 05, 2025

Hopefully you had a great weekend.

With one exception, there wasn’t a whole lot of financial news over the past two days.

But the one notable story was a complete surprise.

So let’s start with that…

Warren Buffett Retires

The greatest investor of all time retires at 94 years old while still at the top of his game.

An unparalleled achievement!

If you want a comprehensive deep dive into Warren Buffett’s life and business career, The Snowball, by Alice Schroeder, is a fantastic read and covers a lot of “early Buffett” investments that are typically overlooked in modern day.

Happy retirement, Warren and thanks for all your timeless investing lessons!

Portland General Electric ($POR) Hikes Dividend ~5%

5% yield and 5% annual dividend growth. This is a good summary of “boring-but-consistent” Portland General Electric, an electric utility company that serves 51 cities throughout the state of Oregon.

Portland General Electric recently declared a $0.525/share quarterly dividend, approximately 5% higher than the previous distribution.

  • Ex-dividend date: 6/24/2025

  • Payout date: 7/15/2025

  • Forward starting dividend yield: 5.03%

L3Harris Technologies ($LHX) Declares $1.20 Dividend

One of the lesser-known defense contractors, L3Harris Technologies has steadily grown its dividend every year for the past 23 years. And, the company has recently declared its upcoming June dividend.

  • Ex-dividend date: 6/3/2025

  • Payout date: 6/18/2025

  • Forward starting dividend yield: 2.18%

Thank you for reading and enjoy your Monday!