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

Marine Petroleum Trust ($MARPS) Raises Dividend By 44%

Marine Petroleum Trust collects royalty payments from its oil and natural gas rights in Central and Western areas of the Gulf of Mexico.

These types of trusts are often volatile. In fact, the Marine Petroleum Trust website even states that royalty revenues are affected by a number of factors including well production capacities and market demand for oil. But, during boom times, oil and gas royalty trusts can see some major dividend growth.

Case in point, Marine Petroleum Trust’s recent announcement that they are raising their dividend by 44%.

This gives the company a quarterly dividend of $0.111/share.

• Ex-dividend date: 5/30/2025

• Payout date: 6/30/2025

• Forward starting dividend yield: 11.57%

Northrop Grumman ($NOC) Raises Quarterly Dividend By 12.1%

Are you familiar with the “Aspen Movie Map?” It was like Google Street View, but created for the U.S. military in 1978. This, and many other secret military projects, including the Internet itself, were created by the Defense Advanced Research Projects Agency (DARPA).

Northrop Grumman Corporation is a high-tech military contractor that helps co-develop many DARPA projects.

The company also builds satellites, developed the James Webb Space Telescope, and creates cutting-edge stealth bombers like the B-21 Raider. Additionally, Northrop Grumman and DARPA are currently working together on several projects related to constructing a habitable space station that will orbit the moon.

Yesterday, Northrop Grumman Corporation hiked their dividend by 12.1%.

This increase gives the company a new quarterly payout of $2.31/share.

• Ex-dividend date: 6/2/2025

• Payout date: 6/18/2025

• Forward starting dividend yield: 1.94%

Carter's, Inc. ($CRI) Cuts Dividend By -68.75%

Carter's, Inc is the “Rolls-Royce” of baby clothes. Or at least the Mercedes-Benz. A lot of parents buy their children Carter's clothing due to its quality and safety.

After sliding -45.62% over the past year, Carter's, Inc became a high-yield stock with an 8.79% starting dividend. Unfortunately, this dividend was not sustainable. Yesterday, Carter's announced that will slash its dividend by -68.75%.

This gives Carter's, Inc a new quarterly dividend of $0.25/share.

• Ex-dividend date: 6/2/2025

• Payout date: 6/20/2025

• Forward starting dividend yield: 2.72%