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The Daily Dividend 5/9/25

May 09, 2025

The trading week ends with a slew of dividend announcements. Many companies are hiking their payments, while others continue their long-standing tradition of providing reliable quarterly income.

Let’s start with a twofer, visit a Dividend Centenarian, and then cap things off with an unknown market-beater.

Main Street Capital Corporation ($MAIN) Declares $0.30 “Supplemental Cash Dividend” And Raises Dividend By 2%

Business development company Main Street Capital Corporation declared a special, “supplemental cash dividend” of $0.30 per share. Additionally, the firm raised their monthly dividend by 2%.

Main Street Capital now pays a monthly distribution of $0.255/share.

The $0.30 supplemental dividend has an ex-dividend date of 6/20/2025 and a payout date of 6/27/2025.

The schedule for the regular monthly dividend is listed below.

  • Ex-dividend date: 7/8/2025

  • Payout date: 7/15/2025

  • Forward starting dividend yield: 7.87%

Union Pacific Corporation ($UNP) Declares $1.34 Dividend

In 1918, popular American author Zane Grey published The U.P. Trail.

This was a Western about the challenges of building the Union Pacific Railroad.

Had your great-grandfather read this book and then rushed out to buy Union Pacific stock, you’d still be collecting dividends from that 107-year-old investment.

Or, as the company stated in their latest press release, “Union Pacific has paid dividends on its common stock for 126 consecutive years.” Impressive. And, a good reminder that strategic investing can build generational wealth.

Yesterday, Union Pacific declared a $1.34/share quarterly dividend, in-line with the previous distribution.

  • Ex-dividend date: 5/30/2025

  • Payout date: 6/30/2025

  • Forward starting dividend yield: 2.51%

Tetra Tech, Inc. ($TTEK) Raises Dividend By 12.1%

Here’s a stock that’s delivered a 10-year average annual total return of 21.77%. Yet, most investors have never heard of this company.

Tetra Tech, Inc. is a consulting and engineering firm that focuses on developing sustainable infrastructure. The company operates in a “Government Services Group” segment as well as a “Commercial/International Services Group” segment.

This week, Tetra Tech announced the company’s 44th consecutive quarterly dividend payment and issued a 12.1% dividend raise.

Tetra Tech’s new quarterly dividend is $0.065/share.

  • Ex-dividend date: 5/23/2025

  • Payout date: 6/5/2025

  • Forward starting dividend yield: 0.75%

Thank you for reading and have a great weekend!