Good morning!
We’re kicking off the week with an inflation-beating dividend increase from a seldom-discussed royalty stock, plus two additional companies declaring their latest payouts.
Let’s start with the raise.
Royalty Pharma plc ($RPRX) Raises Dividend By 6.8%
Royalty Pharma plc is the world’s largest buyer of biopharmaceutical royalties.
When a university, hospital, or biotech company invents a drug, it will often sell its royalty rights for a lump-sum payment to Royalty Pharma. In return, Royalty Pharma collects a percentage of the drug’s future sales for as long as the patent and royalty agreement remain in force.
This model allows the company to earn income from pharmaceutical sales without operating its own laboratories or research facilities.
Royalty Pharma’s portfolio includes many blockbuster drugs produced by major healthcare companies such as AbbVie, Pfizer, and Johnson & Johnson. The company recently announced a 6.8% dividend increase.
Royalty Pharma plc will now pay a $0.235/share quarterly dividend.
Ex-dividend date: 2/20/26
Payout date: 3/10/26
Forward starting dividend yield: 2.33%
Riley Exploration Permian, Inc. ($REPX) Declares $0.40 Dividend
Riley Exploration Permian, Inc. is an independent oil and natural gas producer focused on horizontal drilling in the Permian Basin.
According to the company’s website, “The payment of a regular quarterly dividend has long been a priority for Riley Permian, dating back to its predecessor entity as a private company.”
The company has raised its dividend from $0.28 per share in 2021 to $0.40 per share in 2026.
Last Friday, Riley Exploration announced its latest dividend payment.
Riley Exploration Permian, Inc. will pay a $0.40/share quarterly dividend, in-line with the prior.
Ex-dividend date: 1/22/26
Payout date: 2/5/26
Forward starting dividend yield: 6.21%
Coca-Cola Consolidated, Inc. ($COKE) Declares $0.25 Dividend
Coca-Cola Consolidated, Inc. bottles and distributes Coca-Cola products and is the largest Coca-Cola bottler in the United States, selling more than 300 beverage brands and flavors to approximately 60 million consumers.
The company has been in business for over 123 years and has delivered a market-beating 10-year average annual total return of 25.03%.
Last Friday, the company announced its latest dividend payment.
Coca-Cola Consolidated, Inc. will pay a $0.25/share quarterly dividend, in-line with the previous distribution.
Ex-dividend date: 1/23/26
Payout date: 2/6/26
Forward starting dividend yield: 0.67%

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Disclaimer: This article is for entertainment purposes only. It is not financial advice, always do your own research.
