Hello, YieldAlley readers! In this issue:

📈 OpenAI’s spending spree is powering the tech industry. Oracle is the latest winner (CNBC)

🔟 10 Things I’ve Learned About Wealth Management in 10 Years (A Wealth of Common Sense)

🚫 Vanguard fined for not disclosing advisor conflicts (Fortunes and Frictions)

🏝️ The Rule of Two Lives in Retirement (Kiplinger)

🚙 The Corporate Saga Behind Jeep’s Downfall (Bloomberg)

As dividend growth investors continue monitoring quarterly announcements, August 2025 has brought numerous 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 August, 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.

Altria Group, Inc. (MO) - August 2025 Altria Group raised its quarterly dividend by 3.92% to $1.06 per share, marking the 56th consecutive annual dividend increase for this dividend king.

Key Metrics:

Altria manufactures and sells smokeable and oral tobacco products in the United States, maintaining its position as one of the most reliable dividend-paying stocks in the consumer staples sector despite ongoing industry challenges.

American Financial Group, Inc. (AFG) - August 2025 American Financial Group announced a substantial 10% increase in its quarterly dividend to $0.88 per share, marking the 20th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

This insurance holding company provides specialty property and casualty insurance products in the United States and has demonstrated strong earnings growth alongside robust dividend increases.

Avnet, Inc. (AVT) - August 2025 Avnet raised its quarterly dividend by 6.06% to $0.35 per share, marking the 13th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

Avnet distributes electronic component technology in the Americas, Europe, the Middle East, Africa, and Asia/Pacific through its Electronic Components and Farnell segments.

Dillard's, Inc. (DDS) - August 2025 Dillard's announced a substantial 20% increase in its quarterly dividend to $0.30 per share, marking the 15th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

The department store retailer operating in the southeastern, southwestern, and midwestern United States has demonstrated remarkable earnings growth, though the low yield reflects the stock's strong price appreciation.

Popular, Inc. (BPOP) - August 2025 Popular raised its quarterly dividend by 7.14% to $0.75 per share, marking the 11th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

Popular provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands.

EastGroup Properties, Inc. (EGP) - August 2025 EastGroup Properties raised its quarterly dividend by 10.71% to $1.55 per share, marking the 14th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

This self-administered equity REIT focuses on industrial properties in high-growth markets throughout the United States, with particular emphasis in Texas, Florida, California, Arizona, and North Carolina.

Intuit Inc. (INTU) - August 2025 Intuit raised its quarterly dividend by an impressive 15.40% to $1.20 per share, marking the 14th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

The financial software company continues to benefit from the digitization of tax preparation and small business financial management, operating through Small Business & Self-Employed, Consumer, Credit Karma, and ProTax segments.

MGE Energy, Inc. (MGEE) - August 2025 MGE Energy increased its quarterly dividend by 5.56% to $0.475 per share, achieving a remarkable milestone as the 50th consecutive annual dividend increase for this newly minted dividend king.

Key Metrics:

This public utility holding company operates through Regulated Electric Utility Operations, Regulated Gas Utility Operations, Nonregulated Energy Operations, Transmission Investments, and All Other segments.

Stock Yards Bancorp, Inc. (SYBT) - August 2025 Stock Yards Bancorp raised its quarterly dividend by 3.23% to $1.20 per share, marking the 16th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

This holding company for Stock Yards Bank & Trust Company provides various financial services for individuals, corporations, and others in the United States through its Commercial Banking and WM&T segments.

United Bancorp, Inc. (UBCP) - August 2025 United Bancorp raised its quarterly dividend by 1.35% to $0.1875 per share, marking the 13th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

United Bancorp operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio.

Unity Bancorp, Inc. (UNTY) - August 2025 Unity Bancorp increased its quarterly dividend by 7.14% to $0.15 per share, marking the 14th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

Operating as the bank holding company for Unity Bank, this institution provides commercial and retail banking services and trades at an attractive valuation relative to its growth prospects.

Cboe Global Markets, Inc. (CBOE) - August 2025 Cboe Global Markets raised its quarterly dividend by 14.30% to $0.72 per share, marking the 15th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

Cboe operates as an options exchange in the United States and internationally through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital.

Dover Corporation (DOV) - August 2025 Dover Corporation increased its quarterly dividend by 1% to $0.52 per share, marking the 70th consecutive year in which this dividend king has increased its annual cash dividend.

Key Metrics:

Dover provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.

J&J Snack Foods Corp. (JJSF) - August 2025 J&J Snack Foods raised its quarterly dividend by 2.60% to $0.80 per share, marking the 20th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

J&J Snack Foods manufactures, markets, and distributes nutritional snack food and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada through three segments: Food Service, Retail Supermarkets, and Frozen Beverages.

Martin Marietta Materials, Inc. (MLM) - August 2025 Martin Marietta Materials raised its quarterly dividend by 5.10% to $0.83 per share, marking the 10th consecutive annual dividend increase for this newly minted dividend achiever.

Key Metrics:

Martin Marietta is a natural resource-based building materials company that supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.

RB Global, Inc. (RBA) - August 2025 RB Global raised its quarterly dividend by 6.90% to $0.31 per share, marking the 23rd consecutive annual dividend increase for this dividend achiever.

Key Metrics:

RB Global operates a marketplace that provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide.

United Community Banks, Inc. (UCB) - August 2025 United Community Banks raised its quarterly dividend by 4.20% to $0.25 per share, marking the 11th consecutive annual dividend increase for this dividend achiever.

Key Metrics:

United Community Banks operates as the bank holding company for United Community Bank that provides financial products and services to commercial, retail, government, education, energy, health care, and real estate sectors in the United States.

This analysis covers some notable dividend increases announced during August 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 comprehensive investment advice, as there were additional dividend increases during the month not covered in this summary.

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