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The Daily Dividend 5/19/25

May 19, 2025

Hopefully you had an enjoyable weekend.

In today’s dispatch, we’ve got one big raise from a low-yielder and one small raise from a high-yielder. Also, an international shipping outfit announces their latest dividend.

Here we go!

Advanced Drainage Systems ($WMS) Raises Dividend By 12.5%

Have you ever seen those black plastic drainage pipes that people use for landscaping projects?

Advanced Drainage Systems is the company that makes them. The firm also produces drainage pipes, leachfields, and septic chambers. This may not sound all that exciting, but Advanced Drainage Systems has delivered some impressive returns over the past decade.

For the past 10 years, Advanced Drainage Systems stock has achieved an average annual total return of 16.49%.

And, the company has consistently risen their dividend at a rate that outpaces inflation.

Last week, Advanced Drainage Systems announced a 12.5% dividend increase.

The company will now pay a quarterly dividend of $0.18/share.

  • Ex-dividend date: 5/30/2025

  • Payout date: 6/16/2025

  • Forward starting dividend yield: 0.54%

SFL Corporation ($SFL) Declares $0.27 Dividend

Shipping is a volatile industry. Which makes SFL Corporation stand out from many of its competitors. SFL Corporation has paid uninterrupted quarterly dividends every quarter since 2004.

These dividends fluctuation and have been cut in the past. But, the company pays something every quarter.

SFL Corporation owns 80 vessels, including: tankers, bulkers, and container ships.

On Friday, the company announced its newest dividend payment.

SFL Corporation will pay a quarterly dividend of $0.27/share, in-line with the previous distribution

  • Ex-dividend date: 6/12/2025

  • Payout date: 6/27/2025

  • Forward starting dividend yield: 12.39%

Gaming and Leisure Properties ($GLPI) Raises Dividend By 2.6%

Who needs Vegas when you can visit the Argosy Casino in Alton, Illinois?

Or what about the Isle Casino Hotel in Waterloo, Iowa?

Gaming and Leisure Properties owns a geographically diversified portfolio of regional casinos. The company owns some sleek, eye-catching properties in states like Maine, South Dakota, Iowa, Illinois, Indiana, and Rhode Island.

Last week, Gaming and Leisure Properties announced a 2.6% increase to their quarterly dividend.

This gives Gaming and Leisure Properties a new quarterly dividend rate of $0.78/share.

  • Ex-dividend date: 6/13/2025

  • Payout date: 6/27/2025

  • Forward starting dividend yield: 6.65%

Thank you for reading and have a fantastic day!