Smart Dividend Portfolio Edition #71: Dividend Edge
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Dear Investor,
Welcome to the 71st edition of TipRanks’ Smart Dividend Portfolio & Newsletter.
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Market-Moving News: July 28, 2025
The S&P 500 (SPX) touched new intraday highs on Friday, ending the week up 1.5%. Major indices finished the week on a strong note, thanks to solid corporate earnings and favorable trade developments. The Nasdaq-100 (NDX) and the Dow Jones Industrial Average (DJIA) ended the week 0.9% and 1.3% higher, respectively.
The S&P 500 posted its fifth straight day of closing records on Friday. Strong earnings reported by several companies, notably by Google parent Alphabet and telecom giant Verizon (VZ), fueled last week’s rally.
According to FactSet, out of the 34% of S&P 500 companies that have reported Q2 results so far, 80% have exceeded earnings expectations, a proportion that is above the 5-year average of 78%. However, the magnitude of earnings surprises is below average levels.
Additionally, the trade agreement between the U.S. and Japan eased concerns about the ongoing tariff wars and contributed to last week’s rally. U.S. President Donald Trump called it “perhaps the largest Deal ever made,” while adding that Japan would invest $550 billion in the U.S. The deal lowers the tariffs on auto exports, a major driver of Japan’s economy, to 15% from the existing 25% that is imposed across countries.
The week ahead is expected to be quite eventful, given that it includes the August tariff deadline, the July Federal Open Market Committee (FOMC) meeting, earnings reports from four of the Magnificent 7 stocks, and some key economic releases.
The Federal Reserve’s two-day policy meeting will be in focus this week, especially due to President Trump’s persistent attacks on the central bank’s Chair Jerome Powell. The independence of the Fed is being debated, with reporters expected to question Powell about the same at the post-meeting press conference. Despite growing pressure from Trump to slash interest rates, the Fed is expected to hold the benchmark short-term borrowing rate steady in a target range of 4.25% to 4.50%.
Meanwhile, the August 1 deadline to raise tariffs is fast approaching. Following the trade agreement with Japan, all eyes are on the possibility of a deal with the European Union (EU).
Aside from Trump’s trade stance, earnings from four of the Magnificent 7 stocks – Meta Platforms (META) , Microsoft (MSFT) , Amazon (AMZN) , and Apple (AAPL) , are being eagerly anticipated. Investors will be focusing on the commentary from management of these companies regarding the business backdrop and artificial intelligence (AI) spending.
Finally, the Personal Consumption Expenditure (PCE) price index report, scheduled for release on Thursday, and the July nonfarm payrolls report, due on Friday, could impact investor sentiment. Experts expect the jobs report to indicate a deceleration in job additions in July compared to the previous month. Meanwhile, the PCE price index is expected to show a rise in inflation.
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This Week’s Quality Dividend Stock Idea
Truist Financial Corp. (TFC) is a U.S. financial services company formed in 2019 through the merger of BB&T and SunTrust. It offers a full suite of retail and commercial banking, insurance, wealth management, and digital solutions. The company serves a wide client base – from individuals and families to corporations and institutions. Its service offerings span retail and commercial banking, mortgage and consumer lending, treasury and payments, asset management, and insurance solutions. Truist has remained focused on client-centric innovation, operational efficiency, and has invested heavily in digital capabilities to scale its platform, engage tech-savvy clients, and improve margin performance.
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Banking Evolution
Truist Financial was established when BB&T and SunTrust merged in a $66 billion transaction – one of the largest bank mergers in U.S. history. Following the merger, Truist Financial became the sixth-largest commercial bank in the country at the time, combining complementary strengths in retail and commercial banking and establishing a broad footprint across high-growth regions in the Southeast and Mid-Atlantic.
In the immediate aftermath, Truist concentrated on integration, streamlining operations, unifying its brand identity, and launching a modern technology platform to serve its expanded client base. Cost synergies contributed to short-term earnings improvements, while long-term growth efforts centered on strengthening client relationships, diversifying product offerings, and expanding into faster-growing, fee-based areas such as wealth management, insurance, and investment banking.
Over the following years, Truist made targeted investments to enhance its digital capabilities and grow its middle-market commercial franchise. The bank deepened its offerings in payments, consumer lending, and private wealth, while also optimizing its portfolio.
Throughout its transformation, Truist has remained focused on client-centric innovation, operational efficiency, and disciplined capital management. These efforts have enabled the bank to expand its footprint in key regional markets, enhance profitability, and establish a more diversified and resilient revenue base. Supported by strong credit quality and continued digital advancement, Truist today positions itself as a leading super-regional bank, anchored in trust, powered by technology, and committed to long-term value creation for stakeholders.
Today, Truist has a trailing twelve-month revenue of approximately $18 billion, a market capitalization of approximately $59 billion, and is ranked #168 on the 2025 Fortune 500 list.
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Acquisition Blueprint
Over the past decade, Truist Financial has pursued a deliberate acquisition strategy to expand its scale, diversify its revenue base, and strengthen its competitive position across banking, insurance, and fintech. Beyond core banking, Truist aggressively expanded its insurance brokerage capabilities through its Insurance Holdings subsidiary. In 2020, it acquired five firms, including W. Brown & Associates, Specialty Risk Associates, and Fidelis Group Holdings, collectively adding $100 million in annual revenue. The pace picked up in 2021 with the acquisition of Constellation Affiliated Partners, which brought in 475 employees and $160 million in revenue, further solidifying Truist’s position as a major player in the insurance space.
That same year, Truist acquired Service Finance Company for $2 billion, gaining access to a fast-growing point-of-sale lending platform serving home improvement contractors. The acquisition deepened the bank’s presence in the consumer finance sector, particularly in unsecured lending tied to home renovations and energy efficiency upgrades.
In 2022, the company acquired BenefitMall, the nation’s largest benefits wholesale agency. This acquisition was aimed at enhancing Truist Insurance Holdings’ wholesale division and broadening its client offerings. It also acquired Kensington Vanguard National Land Services to expand its title insurance business, further solidifying Truist Insurance Holdings as one of the most acquisitive, bank-owned brokerages in the U.S.
Truist also advanced its fintech footprint by acquiring Long Game Savings in 2022, a San Francisco-based startup that offers gamified savings tools aimed at younger, digitally native consumers, aligning with Truist’s goal of enhancing digital engagement.
In February 2023, Truist Financial announced the partial sale of a 20% stake in its insurance subsidiary, Truist Insurance Holdings (TIH), to Stone Point Capital. The transaction valued TIH at approximately $14.8 billion, highlighting the strength and profitability of Truist’s insurance operations.
In 2024, Truist deepened this strategic shift by selling a majority stake in TIH to Stone Point Capital and Clayton, Dubilier & Rice, in a deal that valued the business at $15.5 billion, marking the culmination of its multiyear build-and-divest strategy in insurance. The bank still retains a minority ownership interest.
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Regional Advantage
Truist Financial operates with a disciplined, performance-driven model that balances interest income with a steady stream of fee-based revenue. Headquartered in Charlotte, North Carolina, the company delivers a wide range of financial services through specialized business lines spanning consumer banking, corporate lending, capital markets, wealth advisory, and tailored credit solutions. Its principal subsidiary, Truist Bank was chartered in 1872, and is the oldest bank based in North Carolina and ranks among the ten largest commercial banks in the United States.
The bank’s earnings are primarily driven by net interest income (NII), which represented more than 70% of total revenue in the second quarter of fiscal 2025. This income stream was supported by broad-based loan activity across commercial, mortgage, consumer, and credit card segments. A modest rise in net interest margin to 3.02%1 reflected favorable asset repricing dynamics, incremental loan growth, and an additional calendar day in the quarter, helping to lay a stronger foundation for future earnings growth.
Complementing its core lending business, Truist also generates meaningful noninterest income through activities less influenced by rate cycles. These include fees from capital markets, deposit services, cards, and its growing wealth advisory arm. The bank continues to invest in higher-margin, technology-enabled offerings, exemplified by its acquisition of Long Game, a gamified savings platform aimed at expanding engagement among digital-native clients.
Geographically, Truist benefits from a strong presence in high-growth markets such as Florida, Georgia, and the Carolinas. These regions offer structural tailwinds – including rising population, income growth, and business formation – that support organic growth in both loans and deposits. This footprint strengthens the bank’s funding base and helps preserve market competitiveness.
Sound risk management remains integral to Truist’s operating philosophy. In the second quarter of FY25, asset quality remained stable, underpinned by low levels of nonperforming loans and a strong reserve buffer. Conservative underwriting and proactive credit controls helped mitigate risk across the loan portfolio. At the same time, branch optimization and continued investment in digital infrastructure contributed to operating efficiency gains, positioning the bank for improved leverage in the quarters ahead.
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1- Net Interest Margin (NIM) measures a bank’s profitability by showing the difference between interest income and interest expense as a percentage of average earning assets.
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Growth Flywheel
Truist’s Consumer and Small Business Banking segment, dedicated to individual and small business customers, posted sequential NII growth of 3.2% to $2.4 billion, driven by loan volume and improved deposit spreads. Average loans rose 2.8% to $131 billion, supported by strong activity in indirect auto lending and residential mortgages.
Targeted lending platforms, such as Service Finance (point-of-sale home improvement lending), Sheffield (specialty finance for vehicles), and LightStream (digital personal loans), enabled Truist to meet a broad range of credit needs. Meanwhile, average deposits grew 1.4% to $215 billion, supported by checking, savings, and money market balances.
The bank added around 37,000 net new checking accounts in the quarter, with a focus on younger, mass-affluent clients known for higher balances and cross-sell potential. In premier banking, both loan and deposit production per banker improved meaningfully, supported by deeper client relationships and growing wallet share.
Credit performance remained healthy, with net charge-offs2 for the CSBB segment down 71 basis points, the lowest since Q3 2023. New loan origination maintained healthy spreads, underscoring disciplined risk management.
Digital engagement gained momentum, with digital account openings up 17% year-over-year. Nearly 43% of new clients were acquired digitally, up 900 basis points from the previous quarter. LightStream by Truist, a rebranded digital lending platform, helped drive personal loan growth, while the bank’s financial planning tools saw a 40% increase in usage to over 1.8 million users.
Noninterest income for CSBB rose 3.2% sequentially to $519 million, led by seasonal card spending and higher investment-related income. Noninterest expenses rose 2.2% to $1.7 billion due to ongoing investments in technology and operations.
Truist’s Wholesale Banking segment primarily serves large businesses, government entities, and institutional clients. The Wholesale Banking segment reported net income of $1.7 billion, up 4.3% sequentially, driven by loan growth and improved asset yields. Average loans rose 1.5%, with end-of-period loan growth at 2.9%, led by energy, utilities, middle-market, and structured finance clients.
Truist doubled new corporate and commercial client acquisitions year-to-date, with average revenue per client rising 40%. Treasury management revenue grew 14% year-over-year, helped by features like real-time payments through email or mobile aliases, which streamline cash flow and improve client experience.
Noninterest income totaled $942 million, down 0.7% from the prior quarter due to weaker investment banking and trading activity. Management noted that the softness in investment banking was concentrated in April, with conditions rebounding in May and June and stabilizing further during the first weeks of July.
Truist’s Wealth Management segment offers financial planning, investment management, lending, and risk solutions to high-net-worth individuals, families, and business leaders. The Wealth Management segment remained a bright spot despite market volatility. Positive net asset flows and a 27% year-over-year increase in assets under management from wholesale and premier clients underscored strong advisor performance and deeper client relationships.
Truist continues to prioritize long-term profitability, targeting a return on tangible common equity (ROTCE)3 of 15%. While operating leverage4 was constrained in H1 FY25 due to elevated investments in technology and growth initiatives, management expects stronger results in H2 as these investments begin to deliver results, particularly in capital-efficient areas like wealth and investment banking. The company expects to achieve a positive operating leverage in FY25, which would mark the bank’s first year of positive operating leverage since 2022.
Fixed-rate asset repricing5 remains a tailwind. Roughly $27 billion in assets are set to reprice at higher rates, which should help preserve net interest margins around current levels. As fixed-rate loans roll over at higher market rates, net interest margin should expand, lifting revenue without a proportional rise in expenses.
As macro conditions stabilize, Truist anticipates improved capital markets activity and broader momentum across its business lines. The company’s management has emphasized that performance is not heavily dependent on rate cuts and remains focused on deposit growth, funding cost management, and ongoing product innovation.
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2- Net charge-offs for banks refer to the amount of loans that a bank recognizes as uncollectible, net of any subsequent recoveries of previously charged-off amounts.
3- ROTCE shows how efficiently a bank generates profits from its tangible common equity, meaning its equity available to common shareholders, after subtracting intangible assets such as goodwill, trademarks, and other non-physical assets.
4- Operating leverage, a key banking metric, measures a firm’s ability to grow income faster than costs, reflecting efficiency improvements as scale increases.
5- Fixed asset repricing involves maturing fixed-rate loans and securities being repriced at new, current market interest rates. This process is key to managing net interest income and overall profitability.
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Turnaround Path
Truist Financial’s performance over the past three years reflects the broader pressures facing the U.S. banking sector. The company’s revenue and EPS have declined by approximately 6.9% and 5.7%, respectively. These declines were driven by a combination of narrowing net interest margins, subdued loan demand, lower noninterest income, a significant one-time securities loss, sector-wide volatility, and elevated transformation-related expenses. Despite these challenges, Truist management has emphasized expense discipline, digital modernization, and steady capital return as key levers to stabilize earnings and restore growth.
In the second quarter of fiscal 2025, Truist reported net income available to common shareholders of $1.18 billion, or $0.90 per diluted share. Adjusted EPS came in at $0.91 – flat sequentially and slightly below analyst expectations. Adjusted revenue grew 2.1% quarter-over-quarter to $5.05 billion, supported by an $80 million increase in net interest income, which benefited from modest loan growth and fixed-rate asset repricing. Noninterest income edged up 0.6%, as gains in other income offset a 25% drop in investment banking and trading revenue, largely due to market volatility early in the second quarter.
Operating costs increased, with adjusted noninterest expenses rising 3.1% sequentially, reflecting annual merit-based compensation increases and targeted strategic hiring. Still, the company maintained positive operating leverage and reaffirmed its full-year expense growth target of around 1%.
Credit quality remained stable. Net charge-offs declined by 9 basis points to 0.51%, and nonperforming loans improved to 0.39% of total loans, indicating stabilization in commercial real estate and prudent risk management. The allowance for loan and lease losses6 stood at 1.54%, while liquidity remained strong, with a liquidity coverage ratio7 above 109%.
Looking ahead, Truist reaffirmed its full-year 2025 guidance. Management expects total revenue to rise 1.5% to 2.5% year-over-year, with net interest income projected to grow around 3%, assuming modest loan growth and two 25-basis-point Fed rate cuts, revised down from three rate cuts expected previously. Noninterest income is expected to remain flat for the year, while adjusted expenses are projected to rise, supporting 50–150 basis points of positive operating leverage. Net charge-offs are now forecast in the range of 55–60 basis points, slightly lower than prior guidance.
For the third quarter, Truist anticipates revenue growth of 2.5% to 3.5% year-over-year. NII is expected to increase by roughly 2%, aided by continued loan growth, asset repricing, and an additional calendar day in the quarter. Noninterest income is projected to rise approximately 5%, driven by a rebound in investment banking and trading income, partially offset by a decline in other income.
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6- The allowance for loans and lease losses (ALLL) is a reserve set aside to cover estimated credit losses on loans and leases.
7-The liquidity coverage ratio (LCR) is a regulatory standard that measures the proportion of highly liquid assets a bank must hold to ensure it can meet its short-term financial obligations during a stress scenario, typically for 30 days.
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Income Engine
Truist Financial continues to demonstrate a strong commitment to shareholder returns through a disciplined and balanced capital deployment strategy. In the second quarter of 2025, the company declared a dividend of $0.52 per share, marking the 19th consecutive payout at this level and bringing the total dividend for the first half of the year to $1.04 per share. Since the 2020 merger of BB&T and SunTrust, Truist has maintained a consistent dividend policy, increasing its payout by 3.27% over the past five years. Based on adjusted earnings, the bank currently distributes approximately 56% of its profits to shareholders. Its dividend yield stands at 4.56%, more than triple the financial sector average of 1.36%.
In addition to dividends, Truist accelerated its stock buyback program in Q2 2025. The bank repurchased $750 million in common shares, $250 million above its initial quarterly target of $500 million. This opportunistic move, capitalizing on early-quarter share price weakness, brought total shareholder payouts to 121% of net income, underscoring management’s confidence in the company’s long-term prospects. For Q3, Truist expects to return another $500 million through buybacks, in line with its established run-rate.
These shareholder distributions are supported by a strong capital position. The bank’s Common Equity Tier 1 (CET1)8 ratio stood at 11.0%, roughly 400 basis points above regulatory requirements. Additionally, Truist received a reduced Stress Capital Buffer (SCB)9 of 2.5% for the upcoming cycle, enhancing its flexibility to return capital while funding future growth.
TFC shares have risen about 3% over the past year, bolstered by resilient profitability, enhanced capital returns, operational progress in digital and fee-based businesses, and improving investor sentiment. From a valuation standpoint, the stock trades modestly above the sector median based on trailing and forward non-GAAP P/E ratios, yet it remains nearly 18% below the sector median based on the forward price-to-book value ratio. Relative to peers such as Toronto-Dominion Bank and PNC Financial Services, TFC trades in the moderate valuation range on the basis of trailing and forward P/E metrics, and in the lower valuation range on a price-to-book basis.
Analysts are generally positive regarding the stock, with consensus projecting a 5% upside over the next 12 months, and some analysts forecasting gains nearing 21%. Analysts believe that Truist’s robust capital position and undervalued stock price have created a favorable backdrop for enhanced shareholder returns. The company recently accelerated its share repurchase program, taking advantage of early-quarter price weakness that signals management’s confidence in long-term value creation. This capital flexibility is viewed as a tailwind for investors seeking both yield and upside potential.
Furthermore, a discounted cash flow analysis suggests the stock is undervalued by approximately 35%, pointing to a compelling opportunity for long-term investors.
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8- CET1 ratio is a measure of the bank’s financial strength and solvency.
9- The Stress Capital Buffer (SCB) for banks like Truist is a regulatory capital requirement designed to ensure banks maintain adequate capital above minimum levels during periods of economic stress.
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Investing Takeaway
Truist Financial offers a compelling income opportunity for investors seeking reliable returns. With a consistent dividend track record since its formation, the bank has steadily rewarded shareholders while maintaining strong capital levels and disciplined payout policies. Its dividend yield stands out in the financial sector, reflecting both income stability and management’s commitment to returning capital. Complementing its dividend program, Truist has accelerated share repurchases, signaling confidence in long-term value and providing an additional lever for shareholder return. These distributions are backed by solid earnings, robust liquidity, and prudent risk management. For investors focused on income and capital return potential within the banking sector, Truist’s strong payout strategy, healthy fundamentals, and attractive valuation create a favorable setup for sustained shareholder value.
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Dividend Investor Portfolio
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Portfolio News
▣ ADP (ADP) is set to report its fiscal fourth quarter and FY25 results on July 30. The company has guided for full-year revenue growth of 6% to 7%, reflecting solid demand across its human capital management solutions. In line with this, adjusted diluted earnings per share are projected to rise by 8% to 9%, underscoring margin strength and operational efficiency. For the fourth quarter, analysts anticipate ADP will deliver revenues of approximately $5.04 billion, representing a 5% year-over-year increase. Adjusted diluted EPS is expected to come in at $2.23, up 6.6% from the same period last year.
▣ BlackRock (BLK), through its Global Infrastructure Partners (GIP) unit, is leading a consortium that is set to invest approximately $10 billion in Saudi Aramco’s Jafurah shale gas infrastructure, primarily in pipelines and facilities. This investment aligns with Aramco’s goal of boosting gas production capacity while enhancing the long-term scope, stability, and predictability of BLK’s revenue streams. The deal strengthens BlackRock’s relationship with Aramco and the Saudi market, strategically positioning the firm for future deals across the region.
▣ ExxonMobil (XOM) is expected to report its second-quarter results on August 1. The oil giant has warned that falling oil and gas prices could cut its second-quarter earnings by approximately $1.5 billion compared to Q1. The company said weaker crude oil and condensate oil liquids pricing may lower upstream profits by $800 million to $1.2 billion, while natural gas price declines could shave off another $300 million to $700 million. In the second quarter, benchmark Brent crude prices dropped 11% quarter-over-quarter, and natural gas slipped 9%. Timing effects from unsettled derivatives could swing upstream earnings by a negative $300 million to a positive $100 million. However, Exxon expects refining margins to partly offset these headwinds, potentially adding $100 million to $500 million in Q2 earnings, though this estimate excludes operational variables like output or costs.
Meanwhile, analysts expect the company’s revenues to decline sequentially by 3.1% to $80.5 billion in Q2, while EPS is forecasted to decline by 11.4% to $1.56.
Separately, Reuters reported Exxon has reopened talks with Trinidad and Tobago to explore up to seven deepwater blocks. These areas lie north of the company’s highly successful Stabroek block in Guyana, which holds over 11 billion barrels of recoverable oil and gas.
▣ IBM (IBM) reported strong Q2 FY25 results, beating expectations on both earnings and revenue. Adjusted EPS came in at $2.80, ahead of the $2.65 consensus, while revenue rose 7.6% year-over-year to $17 billion, topping forecasts of $16.59 billion. Free cash flow improved by $200 million from the prior year to $2.8 billion, although net cash from operations declined $400 million to $1.7 billion.
For FY25, IBM expects at least 5% revenue growth in constant currency, versus analysts’ estimates of 5.6% and projects free cash flow above $13.5 billion. The company also declared a quarterly dividend of $1.68 per share, payable on September 10 to shareholders of record as of August 8.
▣ LyondellBasell (LYB) is expected to report its second-quarter results on August 1. In Q2, the company anticipates seasonal demand gains across most segments. Lower U.S. natural gas and ethane costs are aiding margins, while European and Asian operations benefit from cheaper crude oil. Oxyfuels margins are expected to rise due to stronger profit margins during peak summer travel. In Europe, ongoing capacity rationalization is gradually improving supply-demand dynamics, and more supportive economic and regulatory signals offer cautious optimism. Despite broader uncertainty, global packaging demand remains steady, driven by essential sectors like food and healthcare.
Meanwhile, analysts expect LYB’s revenues to decline by 1.7% sequentially to $7.54 billion while adjusted diluted EPS is projected to be $0.83, a major increase from the $0.33 reported in Q1.
▣ Philip Morris (PM) reported mixed results in the second quarter. Adjusted EPS came in at $1.91, beating estimates and rising over 20% year-over-year. Revenue grew 7.1% to $10.1 billion but fell short of forecasts. Smoke-free products accounted for 41% of net revenue, while traditional tobacco sales rose 2.1% on pricing gains, offset by negative mix effects. PM now expects full-year adjusted EPS between $7.43 and $7.56, suggesting potential upside versus analyst projections of $7.47. The company also declared a quarterly dividend of $1.35 per share, or an annualized dividend of $5.40 per share.
▣ Qualcomm (QCOM) is set to report its fiscal Q3 results on July 30. The company expects revenue of $10.3 billion at midpoint, in line with analysts’ estimates and adjusted EPS of $2.70, the latter slightly below consensus estimates. It also declared a quarterly dividend of $0.89 per share, payable on September 25 to shareholders of record as of September 4.
▣ Verizon (VZ) reported better-than-expected Q2 results with revenues rising 5.2% to $34.5 billion, beating estimates, while wireless service revenue grew 2.2% to $20.9 billion. Net income increased nearly 9% to $5.1 billion, and adjusted EPS of $1.22 topped expectations. The company lifted the lower end of its full-year earnings forecast, crediting tax reforms and its first-half performance, and now anticipates adjusted earnings per share to grow between 1% and 3% for the year, up from the previous forecast of 0% to 3%. VZ also raised its free cash flow forecast to $19.5–$20.5 billion, up from its prior estimate of $17.5–$18.5 billion.
▣ VICI Properties (VICI) is likely to release its Q2 results on July 30. The company has raised its 2025 adjusted Funds from Operations (AFFO) guidance to $2.33–$2.36 per diluted share, up slightly from the prior range of $2.32–$2.35. The midpoint implies 3.8% year-over-year growth, signaling stronger confidence in its financial and operational performance. The outlook excludes potential impacts from future acquisitions, asset sales, or capital markets activity, offering room for upside. For Q2, analysts expect EPS of $0.69, up nearly 19% sequentially, and revenue of $993.1 million, a 1% increase from the prior quarter.
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Recent Trades
None at the moment, although we are considering adding a stock to our portfolio when the market conditions allow for an attractive entry point. Stay tuned.
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Portfolio Attributes
| Dividend Portfolio Yield |
Expected Dividend Growth | Expected Annual Income |
| 3.99% | +6.76% | $6,075.05 |
| Yield-on-Cost Adjusted, Weighted |
Average Analyst 12-Month Growth Outlook | 10K Per Stock at the Time of Purchase |
Current Portfolio
| Name | EX-Dividend Date | Payment Date | Yield on Cost | Annual DPS |
| Automatic Data Processing (ADP) | Sep 16, 2025 | Oct 02, 2025 | 2.46% | $6.16 |
| Amgen (AMGN) | Aug 18, 2025 | Sep 09, 2025 | 3.27% | $9.52 |
| BlackRock (BLK) | Sep 09, 2025 | Sep 23, 2025 | 2.61% | $20.84 |
| Bank of Nova Scotia (BNS) | Oct 02, 2025 | Oct 29, 2025 | 5.98% | $3.2 |
| EOG Resources (EOG) | Oct 17, 2025 | Oct 31, 2025 | 3.06% | $3.92 |
| ExxonMobil (XOM) | Aug 15, 2025 | Sep 10, 2025 | 3.64% | $3.96 |
| IBM (IBM) | Aug 08, 2025 | Sep 10, 2025 | 3.14% | $6.72 |
| JPMorgan Chase (JPM) | Oct 07, 2025 | Oct 31, 2025 | 3.43% | $6.00 |
| Kroger (KR) | Aug 15, 2025 | Sep 01, 2025 | 3.08% | $1.40 |
| LyondellBasell (LYB) | Aug 26, 2025 | Sep 03, 2025 | 5.74% | $5.48 |
| PepsiCo (PEP) | Sep 09, 2025 | Sep 30, 2025 | 3.8% | $5.69 |
| Philip Morris (PM) | Sep 25, 2025 | Jul 17, 2025 | 6.06% | $5.40 |
| Qualcomm (QCOM) | Sep 04, 2025 | Sep 25, 2025 | 2.36% | $3.56 |
| VICI Properties (VICI) | Sep 18, 2025 | Oct 06, 2025 | 5.22% | $1.73 |
| Verizon (VZ) | Oct 09, 2025 | Nov 04, 2025 | 6.09% | $2.71 |
NameEX-Dividend DatePayment DateYield on Cost Annual DPS
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Click here for more stock market analysis from TipRanks Macro & Markets research analyst Yulia Vaiman
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Disclaimer
The information contained in this article represents the views and opinions of the writer only, and not the views or opinions of TipRanks or its affiliates and should be considered for informational purposes only. TipRanks makes no warranties about the completeness, accuracy, or reliability of such information. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. Nothing in the article constitutes legal, professional, investment, and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. Past performance is not indicative of future results, prices, or performance.
