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Here's What's New In The World Of Investing...
The Daily Dividend 6/26/25
Goooooodddddd moooorrrrnnnnningggg!!!
In today’s dispatch, we’ve got General Mills raising dividends, as well as Pfizer and Lockheed Martin declaring their own upcoming payouts.
Since it’s always nice to earn more money, let’s start with the dividend raise first.
General Mills, Inc. ($GIS) Raises Dividend By 1.7%
126 straight years. That’s what comes up when you Google “How long has General Mills paid dividends.” This is a company that’s paid dividends every year since 1899. And, General Mills just announced its latest dividend hike.
The company just raised their dividend by 1.7%. And General Mills will now pay an upcoming quarterly distribution of $0.61/share.
Ex-dividend date: 7/10/25
Payout date: 8/1/25
Forward starting dividend yield: 4.57%
Lockheed Martin Corporation ($LMT) Declares $3.30 Dividend
Military stocks took a big hit this year due to fears about government spending. And while Lockheed Martin Corporation is only down by about 2% over the past 12 months, shares are down considerably from their October highs.
Nevertheless, Lockheed Martin stock continues to pay steady, quarterly dividends.
Case in point, early this morning Lockheed Martin announced a $3.30/share quarterly distribution that is in-line with the previous payment.
Ex-dividend date: 9/2/25
Payout date: 9/26/25
Forward starting dividend yield: 2.88%
Pfizer Inc. ($PFE) Declares $0.43 Dividend
A Pandemic play that’s since sunk into the gutter. Pfizer Inc. is down almost -25% over the past 5 years. And this has pushed the company’s starting yield all the way up to 7%
Pfizer Inc. is a pharmaceutical giant that makes popular cancer drugs Ibrance and Xtandi.
The firm recently announced a $0.43/share quarterly dividend, in-line with last quarter’s distribution.
Ex-dividend date: 7/25/25
Payout date: 9/2/25
Forward starting dividend yield: 7.09%
Thank you for reading and have a wonderful day!