Chasing the Yield

Investing for income through dividends and distributions

  • Realty Income Corp (O) announces 127th dividend increase since 1994

    Realty Income Corp (O) announces 127th dividend increase since 1994

    Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company’s common stock monthly cash dividend to $0.2635 per share from $0.2630 per share. The dividend is payable on October 15, 2024, to stockholders of record as of October 1, 2024. This is the 127th…

  • Verizon (VZ) increases dividend by 1.9%, its 18th consecutive annual increase

    Verizon (VZ) increases dividend by 1.9%, its 18th consecutive annual increase

    The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 67.75 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2024, to Verizon shareholders of record at the close of business on October 10,…

  • Oaktree Specialty Lending pressured by mounting non-accrual loans

    Oaktree Specialty Lending pressured by mounting non-accrual loans

    Oaktree Specialty Lending (OSCL), a business development company (BDC) that provides credit solutions to middle-market companies, has faced rising challenges with an increasing number of troubled investments. Non-accrual loans, where borrowers have stopped making interest payments, now represent 5.7% of the firm’s portfolio, up from 2.7% in the previous quarter, contributing to write-downs totaling $182…

  • TC Energy to spin off oil pipeline in October

    TC Energy to spin off oil pipeline in October

    TC Energy is spinning off its liquids pipelines business, South Bow, on October 1, 2024, to focus on its core strengths in natural gas and power generation. Shareholders will retain their TC Energy shares and receive proportional shares in South Bow, with combined dividends expected to match or exceed pre-spin payouts. Post-spin, TC Energy will…

  • Altria (MO) increases dividend by 4.1%, its 59th increase in 55 years

    Altria (MO) increases dividend by 4.1%, its 59th increase in 55 years

    Altria Group, Inc. (NYSE: MO) today announced that our Board of Directors voted to increase our regular quarterly dividend by 4.1% to $1.02 per share versus the previous rate of $0.98 per share. The quarterly dividend is payable on October 10, 2024 to shareholders of record as of September 16, 2024. The ex-dividend date is…

  • CH Robinson (CHRW) increases dividend by 1.6%, its 29th consecutive annual increase

    CH Robinson (CHRW) increases dividend by 1.6%, its 29th consecutive annual increase

     C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared an increase to its regular quarterly cash dividend to 62 cents ($0.62) per share from 61 cents ($0.61) per share, payable on October 1, 2024, to shareholders of record on September 6, 2024. C.H. Robinson has distributed uninterrupted dividends…