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- Electronics Firm Powers Up Growth with Two Billion-Dollar Acquisitions
Electronics Firm Powers Up Growth with Two Billion-Dollar Acquisitions
Electronics giant makes billion-dollar moves, while discount retailer’s treasure hunt model thrives. Plus, don't miss these payment increases, decreases, and dividend dates.
Dividend investors have plenty to watch this week as several major companies power growth with big-ticket deals.
There have also been welcome boosts and sharp cuts across the market as earnings season winds down.
Here’s what’s moving dividends—and what it could mean for your portfolio.

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Healthcare
Johnson & Johnson Commits $2B to U.S. Manufacturing Expansion in North Carolina

Johnson & Johnson (NYSE: JNJ) has committed $2 billion over the next decade to build a 160,000-square-foot manufacturing facility at FUJIFILM’s new biopharmaceutical site in Holly Springs, North Carolina. The investment will expand domestic capacity for advanced medicines, creating approximately 120 permanent jobs and supporting thousands of construction roles during the development phase.
Capital deployment on this scale signifies the company’s commitment to securing U.S.-based supply chains. For equity holders, the move demonstrates confidence in the long-term demand for oncology, immunology, cardiovascular, and neuroscience treatments, all areas where Johnson & Johnson is strengthening its pipeline.
By anchoring more production within the U.S., the company also gains better control over regulatory alignment, logistics costs, and supply resilience. While global peers often rely on offshore manufacturing, Johnson & Johnson is positioning itself differently, betting that proximity to its largest market will serve as a competitive advantage.
This investment is part of a broader plan to allocate $55 billion over four years to U.S. manufacturing, research, and technology initiatives, underscoring the scale of its domestic strategy. The expansion gives shareholders visibility into how the company intends to sustain growth, protect margins, and reinforce its dividend profile. With advanced medicines at the center of its pipeline, this investment strengthens Johnson & Johnson’s long-term value proposition.
JNJ currently trades at $179 and pays a dividend of $5.20 per share, a yield of 2.91%.

Energy Infrastructure
Data Center Growth Brings New $1B+ Market Path for Caterpillar’s Energy Business

Caterpillar (NYSE: CAT) has partnered with Hunt Energy to deliver up to 1GW of generation capacity for data centers across North America, beginning with an initial project in Texas. The multi-year collaboration will deploy Caterpillar’s full suite of power systems, including natural gas and diesel generators, turbines, controls, and long-term servicing capabilities.
For investors, this marks a strategic expansion beyond Caterpillar’s traditional base in construction and mining equipment. The deal ties the company directly to one of the fastest-growing infrastructure markets: data centers powering artificial intelligence and cloud computing.
By embedding itself in this ecosystem, Caterpillar secures a pathway to recurring demand that is less cyclical than the construction cycle, providing shareholders with added stability. Equity holders should also note the competitive positioning.
Microsoft and other hyperscale operators have been testing alternative power sources, but reliability and uptime remain paramount. Caterpillar’s decades of expertise in backup generation and energy systems provide a moat that new entrants cannot easily replicate. The partnership also signals that Caterpillar is not just supplying equipment but shaping a role as a long-term infrastructure partner in digital growth markets.
The initiative gives Caterpillar exposure to a durable demand stream while reinforcing its dividend-supported profile. By linking its industrial capabilities with data center expansion, the company positions itself as an essential enabler of AI-era infrastructure.
CAT currently trades at $437 and pays a dividend of $6.04 per share, a yield of 1.38%.

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Food & Beverage
Starbucks Extends Health-Focused Drink Innovation, Targeting Broader Rollout to 400+ Stores

Starbucks (NASDAQ: SBUX) is expanding its test of Coco Matcha and Coco Cold Brew to more than 400 locations across New York City, the greater Los Angeles area, Chicago, and select Midwest cities. The beverages, which layer coconut water with either matcha or cold brew foam, represent the company’s latest push to align with health and wellness trends.
Market participants watching Starbucks can view this as more than a menu update. Expanding a regional test into hundreds of stores demonstrates the company’s commitment to investing real resources in functional beverage innovation, indicating that management sees significant growth potential in wellness-focused offerings. Health-oriented drinks also carry higher margins, which may support the long-term earnings profile if adoption scales.
Those studying the company’s trajectory should note the competitive backdrop. Dunkin’ and Tim Hortons have added alternative beverages, but Starbucks’ scale and ability to pilot products across key metro markets give it a unique speed advantage. If these drinks resonate with younger, health-conscious consumers, it could reinforce brand loyalty and drive frequency gains.
The expansion provides equity holders with evidence that Starbucks is diversifying its menu mix in ways that go beyond traditional coffee, tapping into consumer preferences that could shape the next phase of growth.
SBUX currently trades at $89.00 and pays a dividend of $2.44 per share, a yield of 2.73%.

Dividend Stocks Worth Watching
Amphenol Corporation (NYSE: APH) has announced that it will acquire the interconnect and data assembly business, Trexon, for $1 billion as it seeks to grow its defense customer segment. This move will add around 1,100 employees to APH's payroll, along with additional facilities in the UK and the USA.
The Trexon acquisition isn't the only significant move that Amphenol has made this month. At the beginning of August, it also confirmed the $10.5 billion cash acquisition of CommScope’s fiber optic connectivity and cable solutions arm. It has targeted CommScope to expand APH's influence in artificial intelligence applications and high-speed data center infrastructure.
APH currently pays a 16-cent dividend with a 0.61% yield.
Hubbell Incorporated (NYSE: HUBB) designs and manufactures critical infrastructure solutions. It has agreed to buy high-growth, high-margin DMC Power, LLC in a $825 million cash deal to enhance its Utility Solutions portfolio. The acquisition will give Hubbell a fast track into the lucrative data center buildout market and is expected to be finalized by the end of the year.
Hubbell currently pays a $1.32 quarterly dividend with a yield of 1.23%. It has increased dividend payouts each year for the last 17 years. The company lifted its full-year EPS guidance by 1.7% in the most recent earnings release.
The TJX Companies, Inc. (NYSE: TJX) has reported a strong second quarter with comparable sales up 4% and net sales up 7% as shoppers, cautious about their finances, increasingly turn to the off-price apparel and home goods retailer.
With its 'treasure hunt' approach to finding brand-name products at great prices proving successful, management has increased its full-year FY26 pretax profit margin and diluted earnings per share guidance. TJX currentlypays a 42-cent dividend with a yield of 1.24%.

Dividend Increases
MFA has increased its dividend payment to 47 cents per share, a rise of 30.21%. Its new yield is 19.36%.
DDS has lifted its dividend payout to 30 cents per share, an increase of 20%. Its new yield is now 0.24%.
HYLS has increased its dividend payment to 24 cents per share, an increase of 9.09%. Its new yield is now 6.9%.
Dividend Decreases
TWO has cut its dividend payment to 34 cents per share, a drop of 12.82%. Its new yield is 17.0%.
ZIM has slashed its dividend payment to 6 cents per share, a cut of 98.11%. Its new yield is 1.54%.
E has trimmed its dividend payment to 58 cents per share, a reduction of 36.46%. Its new yield is 4.4%.

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Upcoming Dividend Payers
DEA’s ex-dividend date for the forthcoming 45 cents payout is 08/25/25.
FIX’s ex-dividend date for the forthcoming 50 cents payout is 08/25/25.
KKR’s ex-dividend date for the forthcoming 18 cents payout is 08/26/25.

Everything Else
Ross Stores has reinstated its earnings forecast after calling time on the projection in May following tariff uncertainty due to half of its goods being sourced in China.
Sony has told US gamers that they’ll pay $50 more for the PlayStation 5 consoles from Monday after it raised prices for models including the PlayStation 5 Pro and PlayStation 5 Digital Edition.
Delta and United Airlines are both facing class action lawsuits from millions of passengers who say they were charged for window seats without a window.
Target has appointed Chief Operating Officer Michael Fiddelke as CEO after Brian Cornell confirmed his departure from the under-pressure retailer.

That’s all for today’s edition of the Dividend Brief.
Thanks for reading, and if you have any feedback or dividend stocks you want me to take a look at, just reply to this email!
—Noah Zelvis
DividendBrief.com