Dividend Dispatch

Friday Edition: T-Mobile has raised its dividend 80% since it started paying in 2023

I checked the math three times — an 80% raise in roughly three years from a company that never paid a cent before 2023 is genuinely rare, and today I walk through the free cash flow that makes it possible.

Nov 6, 2026

Thursday Edition: Lowe's yields 2.3% today — but the dividend grows at 15.3% a year

I did the five-year compounding math on LOW this morning and that $230 of annual income quietly becomes $405 — here's why the yield number is the wrong thing to look at.

Nov 5, 2026

Wednesday Edition: VICI Properties owns 93 casino properties and pays a 7.5% yield

I ran a screen on non-traditional REITs this morning and VICI stood out — the triple-net leases mean tenants cover taxes and maintenance while you just collect rent.

Nov 4, 2026

Tuesday Edition: Dover has raised its dividend every year since Eisenhower was in office

I ran a sub-25% payout ratio screen this morning and DOV came in at just 22% — after 71 consecutive raises, that number tells me this streak has room to keep going.

Nov 3, 2026

Monday Edition: MPLX yields 8.1% and goes ex-dividend this Friday

I spent Saturday screening every pipeline MLP above 8% — this one also has a second 12.5% raise locked in for 2027, backed by 1.3x distribution coverage.

Nov 2, 2026

Friday Edition: ARCC is yielding 10.0% at $19 — and it just reported earnings

I dug into the Q3 report line by line — the coverage was tight, but 10 of the last 12 quarters tell a different story, and I'm still holding.

Oct 30, 2026

Thursday Edition: APH yields 0.75% — and that might be the point

I ran the math on a 22% annual dividend growth rate compounding for ten years, and the number that came out changed how I think about low-yield growers.

Oct 29, 2026

Wednesday Edition: One company builds every nuclear carrier in the U.S. fleet — its contracts run to the 2070s

I spent part of this morning going through HII's pipeline — when your only customer is the Pentagon and you're booked fifty years out, the dividend durability looks very different from a typical stock.

Oct 28, 2026

Tuesday Edition: McDonald's just crossed 50 consecutive years of dividend raises

I spent this morning on the business model behind that streak — McDonald's is really a real estate company, and that changes how you should think about the 3.1% yield after a 26% stock pullback.

Oct 27, 2026

Monday Edition: GBDC yields 10.9% and its NII fully covered the dividend last quarter

I found it Saturday while sorting BDCs by coverage ratio — it came up near the top of the 9 names that passed my screen.

Oct 26, 2026

Friday Edition: TGT has raised 55 years in a row and only pays out 47% of earnings

I looked at what happened to TGT's payout through the worst retail downturns — that cushion is exactly what kept the streak intact.

Oct 23, 2026

Thursday Edition: CTAS yields 0.96% — I called it my top growth pick anyway

I spent this morning walking through the yield-on-cost math that shows what a 15.6% annual raise does to your income fifteen years from now.

Oct 22, 2026

Friday Edition: T-Mobile has raised its dividend 80% since it started paying in 2023

Thursday Edition: Lowe's yields 2.3% today — but the dividend grows at 15.3% a year

I did the five-year compounding math on LOW this morning and that $230 of annual income quietly becomes $405 — here's why the yield number is the wrong thing to look at.

Wednesday Edition: VICI Properties owns 93 casino properties and pays a 7.5% yield

I ran a screen on non-traditional REITs this morning and VICI stood out — the triple-net leases mean tenants cover taxes and maintenance while you just collect rent.

Tuesday Edition: Dover has raised its dividend every year since Eisenhower was in office

I ran a sub-25% payout ratio screen this morning and DOV came in at just 22% — after 71 consecutive raises, that number tells me this streak has room to keep going.

Monday Edition: MPLX yields 8.1% and goes ex-dividend this Friday

I spent Saturday screening every pipeline MLP above 8% — this one also has a second 12.5% raise locked in for 2027, backed by 1.3x distribution coverage.

Friday Edition: ARCC is yielding 10.0% at $19 — and it just reported earnings

I dug into the Q3 report line by line — the coverage was tight, but 10 of the last 12 quarters tell a different story, and I'm still holding.

Thursday Edition: APH yields 0.75% — and that might be the point

I ran the math on a 22% annual dividend growth rate compounding for ten years, and the number that came out changed how I think about low-yield growers.

Wednesday Edition: One company builds every nuclear carrier in the U.S. fleet — its contracts run to the 2070s

Tuesday Edition: McDonald's just crossed 50 consecutive years of dividend raises

I spent this morning on the business model behind that streak — McDonald's is really a real estate company, and that changes how you should think about the 3.1% yield after a 26% stock pullback.

Monday Edition: GBDC yields 10.9% and its NII fully covered the dividend last quarter

I found it Saturday while sorting BDCs by coverage ratio — it came up near the top of the 9 names that passed my screen.

Friday Edition: TGT has raised 55 years in a row and only pays out 47% of earnings

I looked at what happened to TGT's payout through the worst retail downturns — that cushion is exactly what kept the streak intact.

Thursday Edition: CTAS yields 0.96% — I called it my top growth pick anyway

I spent this morning walking through the yield-on-cost math that shows what a 15.6% annual raise does to your income fifteen years from now.

Wednesday Edition: OBDC yields 13.3% — and the dividend is fully covered

I dug into the Q2 numbers this morning — earnings covered the total payout, and you are buying the loan book at roughly 70 cents on the dollar right now.

Tuesday Edition: ITW has raised its dividend for 63 consecutive years — including a 6.8% bump in August

I dug into their enterprise strategy and the most profitable quarter in company history to understand what keeps a streak this long alive.

Monday Edition: HTGC earned $0.50 last quarter and paid out $0.40 — that 125% coverage is the number I check first

Most investors stop at the yield and never look further — I'll show you why the gap between earnings and the base dividend is what actually tells you whether it holds.

Friday Edition: KO hit $93.37 — an all-time high — and I'm not adding shares at today's price

I'm holding every share I own but not buying more — at 2.3% yield the price has run too far, and I explain my thinking inside.

Thursday Edition: PH just made it 70 straight years of dividend raises with an 11% hike

I ran the math on yield-on-cost this morning — that 0.84% becomes over 3% in 14 years on the same shares, without adding a dime.

Wednesday Edition: This water utility has been paying dividends since 1816 — before Lincoln, before the lightbulb

I spent this morning explaining why that 3% yield is not the point — and what 622 consecutive dividends actually tells you about a business.

Tuesday Edition: FRT has raised its dividend 59 consecutive years — it's the only REIT Dividend King in America

I looked into what it actually takes for a landlord to pull this off — 3,700 tenants, nine major metros, and not one skipped raise in 59 years.

Monday Edition: PTY goes ex-dividend tomorrow — the PIMCO fund paying 13% monthly

I went through next week's ex-dividend calendar on Saturday morning — PTY had the tightest deadline in the stack, and you need shares by end of day today to get November's payment.

Friday Edition: STWD yields 14.7% — and I need to show you the coverage gap before you buy

I dug into the last two quarters and both came in below the $0.48 payout — here's what that gap means and exactly when I'd get worried.

Thursday Edition: Verizon's 6.16% yield goes ex-dividend tomorrow — and I'm not buying it

I looked at VZ's debt load and payout ratio this morning — the dividend is covered today, but two things give me pause before rushing in.

Wednesday Edition: EPR pays $0.31 a month from ski resorts and TopGolf venues — yield is 6.7%

I spent this morning mapping EPR's 346 properties across 43 states — 62 different operators, and about $56 deposited every month on a $10,000 position.

Tuesday Edition: AbbVie has raised its dividend 53 consecutive years — it became a Dividend King without many people noticing

I spent time with Skyrizi and Rinvoq's combined $8 billion quarterly revenue to understand whether that 53-year streak has real fuel behind it.

Monday Edition: GSBD's 14% dividend is covered at 119% — yet the stock trades 25% below book value

I found this one Saturday morning buried in BDC quarterly filings — Goldman also just authorized a $75 million share buyback, which tells me something about how they see that discount.