Hello, YieldAlley readers! In this issue:

1️⃣ The Top 1% (Wealth of Common Sense)

⏰ Your Time Horizon (Spilled Coffee)

🤖 $1 trillion AI industrial park in Arizona (Sherwood)

🏀 Sales prices for sports teams are soaring to record levels (CNN)

🏝️ “ReFire” Instead Of ‘Just’ Retire (Kitces)

As dividend growth investors continue monitoring quarterly announcements, June 2025 has brought several noteworthy dividend increases from quality companies with long track records of shareholder rewards. These companies span diverse sectors and demonstrate the ongoing commitment of established businesses to return cash to shareholders through consistent dividend growth.

Based on our monitoring of dividend announcements throughout June, we've identified multiple companies with outstanding dividend growth track records that have raised their dividends this month. All of these companies have achieved the milestone of increasing dividends for at least ten consecutive years, demonstrating their commitment to consistent shareholder returns.

Oil-Dri Corporation announced a significant 16% increase in its quarterly dividend to $0.18 per share, marking the 22nd consecutive year of dividend growth.

Key Metrics:

Oil-Dri develops, manufactures, and markets sorbent products in two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The company is a leading manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets.

UnitedHealth Group raised its quarterly dividend by 5.2% to $2.21 per share, marking the 16th consecutive year of annual dividend increases for this dividend achiever.

Key Metrics:

UnitedHealth Group operates as a health care company through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The company serves customers across the United States and internationally, providing health care products and services to help people live healthier lives.

Realty Income raised its monthly dividend to $0.2690 per share, representing a 2.28% increase over the same period last year. As a real estate investment trust (REIT) that has increased dividends every year since its IPO in 1994, Realty Income maintains its status as a dividend aristocrat.

Key Metrics:

Known as "The Monthly Dividend Company," Realty Income invests in triple-net properties across the U.S. and Europe, providing steady and predictable income streams to investors seeking monthly dividend payments.

Casey's General Stores announced a 14% increase in its quarterly dividend to $0.57 per share when it reported strong fourth-quarter earnings results. This marks the 26th consecutive annual dividend increase for this dividend champion.

Key Metrics:

Casey's operates approximately 2,900 convenience stores primarily across the Midwest, with a unique focus on fresh food offerings including pizza, donuts, and sandwiches. The company's strong performance reflects successful execution of its three-year strategic plan, with inside sales growing 12% and fuel gallons sold jumping 18% year-over-year.

Caterpillar's Board of Directors voted to raise the quarterly dividend by 10 cents, a 7% increase, to $1.51 per share. This represents the 31st consecutive annual dividend increase for this S&P 500 Dividend Aristocrat.

Key Metrics:

The world's leading manufacturer of construction and mining equipment continues to generate robust free cash flow through the execution of its enterprise strategy for long-term profitable growth. CEO Joe Creed emphasized the company's commitment to returning substantially all Machinery, Energy & Transportation free cash flow to shareholders over time through dividends and share repurchases.

HEICO Corporation announced a 9% increase in its semiannual cash dividend to $0.12 per share, up from the previous $0.11 per share, marking the company's 94th consecutive semiannual dividend since 1979 and the 18th consecutive annual dividend increase.

Key Metrics:

HEICO designs, manufactures, and sells aerospace, defense, and electronic related products and services through its Flight Support Group and Electronic Technologies Group. The company serves aviation, defense, space, medical, telecommunications, and electronics industries, providing products and services to major airlines, defense contractors, and military agencies worldwide.

Target's board of directors declared a quarterly dividend of $1.14 per share, representing a 1.8% increase from the prior dividend of $1.12. This modest but consistent increase marks the 54th consecutive year of annual dividend increases for this dividend king.

Key Metrics:

This upcoming payment will be Target's 232nd consecutive dividend since the company went public in October 1967. The Minneapolis-based retailer operates nearly 2,000 stores and serves customers at Target.com, with a mission to help all families discover the joy of everyday life.

National Fuel Gas raised its quarterly dividend by 3.9% to $0.535 per share, continuing its remarkable 55-year streak of annual dividend increases as a dividend king.

Key Metrics:

National Fuel Gas operates as a diversified energy company through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. While the company's earnings have shown some volatility, its diversified business model and long-term commitment to dividend growth make it a reliable income generator.

W. R. Berkley Corporation raised its quarterly dividend by 12.5% to $0.09 per share, marking the 24th consecutive annual dividend increase for this commercial insurance specialist.

Key Metrics:

W. R. Berkley operates as an insurance holding company worldwide, conducting business through two segments: Insurance, and Reinsurance & Monoline Excess. As a commercial lines writer, the company has demonstrated consistent profitability and strong capital management.

First Farmers Financial Corporation announced a record quarterly cash dividend of $0.50 per share, representing a 4.2% increase over the $0.48 dividend declared in June 2024. This marks the 36th consecutive annual dividend increase for this dividend champion.

Key Metrics:

First Farmers Financial Corporation operates as the financial holding company for First Farmers Bank & Trust, providing banking products and services to individuals, families, and businesses. The $3.3 billion financial holding company has offices throughout multiple counties in Indiana and Illinois.

Investar Holding Corporation raised its quarterly dividend by 4.8% to $0.11 per share, marking the 12th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

Investar Holding Corporation operates as the bank holding company for Investar Bank, providing a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama.

PSB Holdings raised its semi-annual dividend by 6.3% to $0.34 per share, marking the 32nd consecutive year of increased dividends per share for this dividend champion.

Key Metrics:

PSB Holdings operates as a bank holding company for Peoples State Bank, providing a range of retail consumer and commercial banking products and services to individuals and businesses throughout the United States.

This analysis covers dividend increases announced during June 2025 and is compiled from company press releases and verified dividend announcement dates. This information is for informational purposes only and should not be considered investment advice.

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