Author: Kevin Bae
-
MPLX LP (MPLX) increases dividend by 13%
The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $1.0765 per common unit for the third quarter of 2025, or $4.31 on an annualized basis. This represents a 12.5% increase, or $0.12 increase per common unit, over the second quarter 2025 distribution. The distribution will…
-
Energy Transfer LP (ET) increases dividend by 0.76%
Another miniscule increase but overall their dividend growth has been almost 5% annually over the last decade. Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3325 per Energy Transfer common unit ($1.33 on an annualized basis) for the third quarter ended September 30, 2025. This cash distribution per Energy Transfer common unit will be paid on November 19, 2025 to…
-
Community Healthcare Trust (CHCT) increases dividend by 0.53%
Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that its Board of Directors has increased its common stock cash dividend for the quarter ended September 30, 2025. This dividend, in the amount of $0.475 per share, is payable on November 21, 2025 to shareholders of record on November 7, 2025. This dividend rate equates to an annualized dividend of $1.90 per share. Community…
-
1st Source Corporation (SRCE) increases dividend by 5.3%
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported record quarterly net income of $42.30 million for the third quarter of 2025, up 13.34% compared to $37.32 million in the previous quarter and up 21.06% from the $34.94 million reported in the third quarter a year ago. Year-to-date 2025 net income…
-
Pinnacle West Capital (PNW) increases dividend by 1.7% its 14th consecutive annual increase
Pinnacle West Capital Corporation’s (NYSE: PNW) board of directors voted today to raise the Company’s dividend by 1.7%, or 6 cents per common share annually. This action will result in an indicated annual dividend of $3.64 per share – or $0.91 per share quarterly. The declared quarterly dividend is payable Dec. 1, 2025, to shareholders…
-
Johnson & Johnson announce plans to spin-off its orthopedics business
Johnson & Johnson (JNJ) announced plans to separate its orthopedics business, DePuy Synthes, within 18-24 months due to its lower growth and lower margins compared to other medical-device units like heart devices, surgical products, and vision care. The separation, potentially via a spinoff to shareholders, follows J&J’s strategy to focus on faster-growing, higher-margin businesses, as…