These 3 Stocks Just Raised Their Dividends

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We're present mostly past the outpouring net season. As with immoderate specified play successful the capitalist calendar, this 1 near down a clutch of dividend raises from companies ranging from the world-famous to the near-unknown. 

Focusing connected the erstwhile category, here's a little look astatine the latest increases from a trio of acquainted names: ubiquitous retailer Target (NYSE: TGT), dense concern conveyance shaper Caterpillar (NYSE: CAT), and logistics king FedEx (NYSE: FDX). 

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1. Target

Of our 3 raisers, Target is the lone Dividend King. This precise constricted enactment of stocks consists of companies that person declared dividend raises erstwhile each year, astatine least, for a minimum of 50 years successful a row. In mid-June, Target decided to widen its streak to 55 years, albeit not spectacularly. It raised its quarterly payout by conscionable nether 2% to $1.16 per share.

Target's equity has had rather the beardown 2026 aft dipping to multi-year lows astatine the extremity of 2025. That outperformance reflects the assurance of the comparatively caller CEO, Michael Fiddelke, who's pledged to instrumentality Target to the cool-retailer glory of its caller past. But that won't travel cheaply oregon quickly, with $2 cardinal successful anticipated spending this year, and lone 2% projected nett income growth.

I deliberation Target is simply a smartly managed institution with a monolithic lawsuit basal that tin spark maturation successful galore ways. It mightiness not alert overmuch higher successful the coming months, but I deliberation it tin beryllium rather the rewarding banal for the much diligent investors retired there.

There's inactive plentifulness of clip for folks to instrumentality vantage of Target's dividend raise. The freshly enhanced payout volition beryllium distributed connected Sept. 1 to investors of grounds arsenic of Aug. 12. At the stock's existent price, it would output 3.5%. That compares precise favorably with the hardly implicit 1% mean of each titles successful the benchmark S&P 500 index.

2. Caterpillar

It mightiness astonishment immoderate investors that 1 of the galore beneficiaries of the existent frenzy to physique artificial quality (AI)-suitable information centers has been Caterpillar. After all, the institution specializes successful the heavy, lumbering machinery that crowds operation sites. What could it perchance person to bash with cutting-edge technology?

Plenty, it turns out. Caterpillar's powerfulness and vigor portion provides quick-start powerfulness backup systems for situations erstwhile a superior root unsocial won't suffice. Not lone that, but the institution besides earns gross from this concern with semipermanent lawsuit agreements covering maintenance, diagnostics, and different services.

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