More Than Halfway Through July, Dividends Do NOT Lie

Straightforward Dividend Stock News

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Key Dividend Hikes:

  • $SPFI - South Plains Financial declares $0.16/share quarterly dividend, 7% increase from prior dividend of $0.15.

  • $PPG - PPG Industries declares $0.71/share quarterly dividend, 4.4% increase from prior dividend of $0.68.

  • $BPOP - Popular Inc. announces increase in dividend and stock repurchase program. (Exact new dividend not specified.)

  • $CBU - Community Bank System declares $0.47/share quarterly dividend, 2.2% increase from prior dividend of $0.46.

  • $RF - Regions Financial declares $0.265/share quarterly dividend, 6% increase from prior dividend of $0.25.

  • $SJM - J.M. Smucker declares $1.10/share quarterly dividend, 1.9% increase from prior dividend of $1.08.

  • $STT - State Street declares $0.84/share quarterly dividend, 10.5% increase from prior dividend of $0.76.

  • $UNP - Union Pacific declares $1.38/share quarterly dividend, 3% increase from prior dividend of $1.34.

  • $MCBS - MetroCity Bankshares declares quarterly dividend increase of ~9% (exact prior dividend not specified).

  • $GCBC - Greene County Bancorp declares $0.10/share quarterly dividend, 11.1% increase from prior dividend of $0.09.

  • $CMI - Cummins declares $2.00/share quarterly dividend, 9.9% increase from prior dividend of $1.82.

  • $DUK - Duke Energy declares quarterly dividend increase of 2% (exact dividend not specified).

  • $NNN - NNN REIT declares $0.60/share quarterly dividend, 3.4% increase from prior dividend of $0.58.

  • $BK - Bank of New York Mellon declares dividend increase of 13% (exact dividend not specified).

  • $C - Citigroup declares $0.60/share quarterly dividend, 7% increase from prior dividend of $0.56.

Key Earnings Reports:

  • JPMorgan Chase press release (NYSE:JPM):
    Q2 Non-GAAP EPS of $5.24 beats by $0.76. 🟢
    Revenue of $44.91B (+2.5% Y/Y) beats by $1.10B. 🟢

  • Netflix press release (NASDAQ:NFLX):
    Q2 Non-GAAP EPS of $7.19 beats by $0.12. 🟢
    Revenue of $11.08B (+0.2% Y/Y) beats by $20M. 🟢

  • Johnson & Johnson press release (NYSE:JNJ):
    Q2 Non-GAAP EPS of $2.77 beats by $0.09. 🟢
    Revenue of $23.74B (+3.9% Y/Y) beats by $890M. 🟢

  • Bank of America press release (NYSE:BAC):
    Q2 Non-GAAP EPS of $0.89 beats by $0.03. 🟢
    Revenue of $26.46B (-1% Y/Y) misses by $260M. 🔴

  • General Electric press release (NYSE:GE):
    Q2 Non-GAAP EPS of $1.66 beats by $0.23. 🟢
    Revenue of $10.15B (+5.8% Y/Y) beats by $560M. 🟢

  • Wells Fargo press release (NYSE:WFC):
    Q2 Non-GAAP EPS of $1.60 beats by $0.19. 🟢
    Revenue of $20.82B (+0.3% Y/Y) beats by $60M. 🟢

  • Morgan Stanley press release (NYSE:MS):
    Q2 Non-GAAP EPS of $2.13 beats by $0.15. 🟢
    Revenue of $16.79B (+4.5% Y/Y) beats by $720M. 🟢

  • Goldman Sachs press release (NYSE:GS):
    Q2 Non-GAAP EPS of $10.91 beats by $1.26. 🟢
    Revenue of $14.58B (+7.9% Y/Y) beats by $1.07B. 🟢

  • American Express press release (NYSE:AXP):
    Q2 Non-GAAP EPS of $4.08 beats by $0.19. 🟢
    Revenue of $17.86B (+0.8% Y/Y) beats by $150M. 🟢

  • Abbott Labs press release (NYSE:ABT):
    Q2 Non-GAAP EPS of $1.26 in-line. ⚪
    Revenue of $11.14B (+0.5% Y/Y) beats by $50M. 🟢

  • PepsiCo press release (NASDAQ:PEP):
    Q2 Non-GAAP EPS of $2.12 beats by $0.09. 🟢
    Revenue of $22.73B (+2.1% Y/Y) beats by $460M. 🟢

  • Citigroup press release (NYSE:C):
    Q2 Non-GAAP EPS of $1.96 beats by $0.30. 🟢
    Revenue of $21.67B (+3.2% Y/Y) beats by $670M. 🟢

  • Charles Schwab press release (NYSE:SCHW):
    Q2 Non-GAAP EPS of $1.14 beats by $0.04. 🟢
    Revenue of $5.85B (+2.1% Y/Y) beats by $120M. 🟢

  • BlackRock press release (NYSE:BLK):
    Q2 Non-GAAP EPS of $12.05 beats by $1.27. 🟢
    Revenue of $5.42B (-0.6% Y/Y) misses by $30M. 🔴

  • Progressive press release (NYSE:PGR):
    Q2 Non-GAAP EPS of $4.88 beats by $0.40. 🟢
    Revenue of $20.08B (-1.9% Y/Y) misses by $380M. 🔴

  • Marsh & McLennan press release (NYSE:MMC):
    Q2 Non-GAAP EPS of $2.72 beats by $0.05. 🟢
    Revenue of $6.97B (+0.4% Y/Y) beats by $30M. 🟢

  • Cintas press release (NASDAQ:CTAS):
    Q2 Non-GAAP EPS of $1.09 beats by $0.02. 🟢
    Revenue of $2.67B (+1.5% Y/Y) beats by $40M. 🟢

  • 3M press release (NYSE:MMM):
    Q2 Non-GAAP EPS of $2.16 beats by $0.15. 🟢
    Revenue of $6.16B (+0.7% Y/Y) beats by $40M. 🟢

  • PNC Financial press release (NYSE:PNC):
    Q2 Non-GAAP EPS of $3.85 beats by $0.30. 🟢
    Revenue of $5.66B (+0.9% Y/Y) beats by $50M. 🟢

  • U.S. Bancorp press release (NYSE:USB):
    Q2 Non-GAAP EPS of $1.11 beats by $0.04. 🟢
    Revenue of $7.06B (+0.1% Y/Y) beats by $10M. 🟢

  • Elevance Health press release (NYSE:ELV):
    Q2 Non-GAAP EPS of $8.84 misses by $0.07. 🔴
    Revenue of $49.42B (+2.6% Y/Y) beats by $1.23B. 🟢

52 Week Low Dividend Stocks:

  • $PG - The Procter & Gamble Company 🧼

  • $UNH - UnitedHealth Group Incorporated 🏥

  • $LOW - Lowe's Companies, Inc. 🛠️

  • $MMC - Marsh & McLennan Companies, Inc. 🧾

  • $CL - Colgate-Palmolive Company 🪥

  • $ZTS - Zoetis Inc. 🐾

  • $ELV - Elevance Health, Inc. 🏩

  • $KMB - Kimberly-Clark Corporation 🧻

  • $PCG - PG&E Corporation ⚡

  • $GIS - General Mills, Inc. 🥣

  • $HUM - Humana Inc. 🧬

  • $MKC - McCormick & Company, Incorporated 🌶️

  • $TSN - Tyson Foods, Inc. 🍗

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The Dividend Report