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

PepsiCo, Inc. ($PEP) Raises Dividend By 5%

Food and beverage giant PepsiCo, Inc. announced a 5% increase to their quarterly dividend. This marks the company’s 53rd consecutive annual dividend raise, making PepsiCo one of 55 exclusive “Dividend Kings” that have consistently grown their dividend every year for at least 50 years.

The new quarterly payout rate is $1.4225/share.

• Ex-dividend date: 6/6/2025

• Payout date: 6/30/2025

• Forward starting dividend yield: 4.35%

Artesian Resources Corporation ($ARTNA) Raises Dividend By 2%

There are dozens of quality utility stocks that go unnoticed. This is mainly because of how unexciting the sector tends to be. However, utility companies have a long track record of delivering consistent dividend income.

Case in point, Artesian Resources Corporation which has just announced its 130th consecutive dividend.

The company also raised its quarterly dividend by 2% to $0.3074/share.

• Ex-dividend date: 5/16/2025

• Payout date: 5/27/2025

• Forward starting dividend yield: 3.52%

American States Water ($AWR) Declares $0.4655 Dividend

The oldest dividend growth stock in the United States, American States Water has raised its dividend every year for over 70 years.

Yesterday, American States Water declared a $0.4655/share quarterly dividend. And while the payment is in-line with the previous distribution, this upcoming dividend marks the company’s 356th consecutive payout.

• Ex-dividend date: 5/19/2025

• Payout date: 6/3/2025

• Forward starting dividend yield: 2.31%