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The Daily Dividend 5/15/25

May 15, 2025

No dividend raises today.

But there are several interesting, niche companies declaring dividends.

These include: a company that makes specialty inks and plastics for cellphone cases, a federally chartered agribusinesses lender, and a unique insurance company that underwrites teachers.

To paraphrase Warren Buffett, we’ll “start with the ‘A’ section.”

Avient ($AVNT) Declares $0.27 Dividend

Avient is a specialty chemicals company that makes a variety of niche products, including: screen printing inks for the textile industry, specialty inks for industrial applications, thermoplastic for phone cases, and something called Dyneema which is used in motorcycle helmets and bullet-proof vests.

The company has grown its dividend every year for the past 14 years. And, Avient raised its dividend by 5% in October, 2024.

Avient will pay a $0.27/share quarterly dividend, in-line with the previous distribution.

  • Ex-dividend date: 6/20/2025

  • Payout date: 7/9/2025

  • Forward starting dividend yield: 2.78%

Federal Agricultural Mortgage Corporation ($AGM) Declares $1.50 Dividend

It’s rare to find a cheap stock that consistently beats the market, pays a (reasonably) high starting yield, and raises dividends at a rate that outpaces inflation.

And yet, Federal Agricultural Mortgage Corporation does all this.

Federal Agricultural Mortgage Corporation is a federally chartered corporation that makes U.S. Department of Agriculture loans to community banks, agribusinesses, rural utility companies, and farm credit services.

The company has a 10-year average annual total return of 23.44% and a 5-year compound annual dividend growth rate of 14.47%. Additionally, Federal Agricultural Mortgage Corporation is currently trading at a price to earnings ratio of 11.13.

You don’t see too many companies like this.

Federal Agricultural Mortgage Corporation will pay a $1.50/share quarterly dividend, in-line with the previous distribution.

  • Ex-dividend date: 6/16/2025

  • Payout date: 6/30/2025

  • Forward starting dividend yield: 3.09%

Horace Mann Educators ($HMN) Declares $0.35 Dividend

The clunky name club strikes again!

Horace Mann Educators sounds like a company that sells textbooks or offers private tutoring services.

However, this is actually an insurance company with a unique and specific niche.

Horace Mann Educators insures teachers and educators.

The company offers auto, home, and life insurance. And, Horace Mann also offers retirement annuities. Horace Mann was founded in 1945 and has consistently raised its dividend every year for the past 17 years.

Horace Mann Educators will pay a $0.35/share quarterly dividend, in-line with the previous distribution.

  • Ex-dividend date: 6/16/2025

  • Payout date: 6/30/2025

  • Forward starting dividend yield: 3.38%

Thank you for reading and have a wonderful day!