• Reaves Utility Income Fund (UTG) increases distribution by 5%

    Reaves Utility Income Fund (UTG) increases distribution by 5%

    Reaves Utility Income Fund (NYSE American: UTG) is pleased to announce today a 5% increase in its annual distribution to $2.52, to be paid monthly at the rate of $0.21 per common share. This is the fourteenth increase of the distribution since the Fund’s inception in February 2004. The increased dividend rate represents an annualized…

  • W.P. Carey increases dividend by 1.1%

    W.P. Carey increases dividend by 1.1%

    W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.940 per share, equivalent to an annualized dividend rate of $3.76 per share. The dividend is payable on July 15, 2026 to stockholders of record as of June 30, 2026. W. P. Carey…

  • Target increases dividend by 1.8%, its 54th consecutive annual increase

    Target increases dividend by 1.8%, its 54th consecutive annual increase

    The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of $1.16 per common share, a 1.8% increase from the prior quarterly dividend of $1.14. The dividend is payable September 1, 2026 to shareholders of record at the close of business August 12, 2026. The 3rd quarter dividend will be the company’s…

  • Caterpillar increases dividend by 7.9%, its 33rd consecutive annual increase

    Caterpillar increases dividend by 7.9%, its 33rd consecutive annual increase

    The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly dividend by 12 cents, an eight percent increase, to one dollar and sixty-three cents ($1.63) per share of common stock payable Aug. 19, 2026, to shareholders of record at the close of business July 20, 2026. Caterpillar expects to continue…

  • BlackRock Utilities (BUI) increases dividend by 13%

    BlackRock Utilities (BUI) increases dividend by 13%

    As BlackRock’s NAV continues to rise they have announced an increase of 13% in their monthly payout from $0.1360 per share to $0.1540 per share. This is starting with the July 2026 distribution.