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Here's What's New In The World Of Investing...
The Daily Dividend 6/30/25
Big day for airplane lovers!
We’ve got GE Aerospace and RTX Corporation. Also, an ultra-cheap dividend tech stock just declared its latest payment.
Let’s start with the planes first…
GE Aerospace ($GE) Declares $0.36 Dividend
General Electric Company, which is now doing business as GE Aerospace, designs and produces aircraft engines and engine components. GE Aerospace develops these engines for both commercial aircraft and the defense industry.
And, the company also maintains and repairs jet engines and other aircraft components.
On Friday, GE Aerospace announced a $0.36/share quarterly dividend that is in-line with their previous payment.
Ex-dividend date: 7/7/25
Payout date: 7/25/25
Forward starting dividend yield: 0.56%
RTX Corporation ($RTX) Declares $0.68 Dividend
RTX Corporation is an aerospace and defense conglomerate that owns: Collins Aerospace, Pratt & Whitney, and Raytheon. The company produces everything from Javelin missiles to commercial airline toilets.
Although it has gone through several name changes and mergers, RTX Corporation has paid uninterrupted dividends since 1936.
Additionally, RTX Corporation recently announced their latest dividend.
The company will pay a $0.68/share quarterly distribution that is in-line with the previous payout.
Ex-dividend date: 8/15/25
Payout date: 9/4/25
Forward starting dividend yield: 1.88%
Concentrix Corporation ($CNXC) Declares $0.3327 Dividend
Here’s a company that’s down considerably since its 2020 IPO and is now trading at a price to earnings ratio of 4.47.
Concentrix Corporation offers "customer experience solutions" for other businesses. This is basically a fancy name for "customer support," except Concentrix Corporation collects data and uses modern technology to improve customer interactions.
Concentrix Corporation has paid a dividend since 2021.
And, the company has consistently raised its dividend by around 10% per year since 2022.
On Friday, Concentrix Corporation announced its latest dividend payment.
The firm will pay a $0.3327/share quarterly distribution that is in-line with the previous dividend.
Ex-dividend date: 7/25/25
Payout date: 8/5/25
Forward starting dividend yield: 2.41%
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Thank you for reading and I hope your week is off to a great start!