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Property Firm Plots Bumper New Acquisition to Keep 9.74% Yields Flowing

Big yields, bold moves: Starwood’s $2B deal, AT&T’s 5G win & today’s dividend updates

Big yields, bold moves. From Starwood’s $2B real estate play to AT&T’s 5G breakthrough, today’s dividend brief is packed with high-payout action and market-moving updates you won’t want to miss. Let’s dive in.

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Utilities

PPL Targets Long-Term Growth With Blackstone Power Venture

PPL Corp (NYSE: PPL) is entering a new phase of growth through a joint venture with Blackstone Infrastructure to build natural gas-fired power plants tailored for data center demand in Pennsylvania. The partnership gives PPL a majority stake in the venture, which aims to address a projected multi-gigawatt shortfall in the state’s electricity supply as AI and cloud computing fuel record energy consumption.

The initiative targets regions with strong gas infrastructure and high interest from hyperscale data center operators. While no energy contracts have been signed yet, land acquisition is underway, and the long-term focus is on delivering stable power to a sector that increasingly demands dedicated capacity and reliability.

For investors, this marks a strategic expansion of PPL’s business model beyond transmission and distribution. The company is positioning itself as a foundational player in the infrastructure powering digital growth.

By focusing on regulated-like assets with long development timelines, PPL is taking a calculated approach that aligns with its low-volatility investor base while still capturing upside from AI-driven energy growth.

This partnership also positions PPL at the forefront of a structural trend that could reshape utility economics over the next decade. As data center load accelerates and grid constraints become more severe, utilities that can provide reliable, scalable power generation will be well-positioned.

PPL currently trades at $36 and pays a dividend of $1.09 per share, a yield of 3.02%.

Entertainment Strategy

Investors Get a Studio Confidence Boost as Disney Delivers a Global Win

Disney (NYSE: DIS) is seeing signs of a studio rebound as Lilo & Stitch crossed the $1 billion mark at the global box office. The film is Disney’s fourth billion-dollar title in the last 13 months and marks a return to form for the company’s theatrical strategy after several high-profile misfires.

For shareholders, this latest win strengthens confidence in Disney’s ability to deliver commercially successful IP across multiple demographics.

After a rough stretch of underperformance from legacy franchises, the success of Lilo & Stitch reinforces the value of disciplined content development and brand familiarity. It also gives Disney more room to reset expectations heading into future releases, sequels, and platform tie-ins.

Those evaluating a position at Disney may see this as a momentum checkpoint. Studio performance remains one of the most visible drivers of investor sentiment around the brand, especially as streaming growth levels off.

Hitting billion-dollar benchmarks signals operational discipline and indicates to the market that the company can still command global attention without overreliance on risky reboots.

Theatrical performance alone won’t reshape Disney’s valuation, but this kind of result restores credibility to a core segment. With sequels planned and licensing already expanding, Lilo & Stitch demonstrates that Disney can still scale its content effectively when execution aligns with audience demand.

DIS currently trades at $121 and pays a dividend of $1.00 per share, a yield of 0.82%.

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Logistics

FedEx Pulls Back on Discounts to Prioritize Margin Over Volume

FedEx (NYSE: FDX) is tightening its pricing strategy as it steps back from discounting in favor of high-yield shipments. Alongside UPS, the company is phasing out commercial rate cuts that were widely used during the pandemic and the subsequent competitive pricing war. FedEx is now prioritizing profitability over parcel volume as it realigns its freight mix for better long-term returns.

The decision follows a broader shift in the delivery market. As low-margin volumes decline and express demand increases, FedEx is seeing average billed weights rise. This supports stronger per-package revenue, particularly as businesses trade down from premium services while still relying on national carriers.

For investors, the messaging is clear. FedEx is no longer chasing the bottom end of e-commerce fulfillment. The company is repositioning its core business around high-value B2B shipments and consistent freight yield. This strategy may sacrifice short-term volume but aims to stabilize margins, reduce exposure to price wars, and create a more predictable earnings base across economic cycles.

That repositioning is critical as FedEx distances itself from the hyper-competitive B2C landscape. With Amazon increasingly handling its logistics and newer delivery platforms undercutting legacy pricing, FedEx is signaling that it won’t compete solely on volume. Instead, it is targeting corporate clients with more stable contract terms and larger average shipment values.

FDX currently trades at $225 and pays a dividend of $5.80 per share, a yield of 2.58%.

Dividend Stocks Worth Watching

AT&T (NYSE: T) offers a solid 4.11% forward yield, with a steady history of payouts. This stock hasn’t set the world alight with consistent dividend increases, but it has historically had a very strong yield to counter that slow-growth trend. 

The telecom giant has just achieved a major milestone with 5G Reduced Capability (RedCap) technology now covered nationwide. This network will provide additional coverage to more devices and open up new revenue streams for T.

Union Pacific Corporation (NYSE: UNP) offers a solid yield of 2.46% and has an unblemished record of 18 years of dividend increases. The firm is currently in talks to acquire Norfolk Southern, which, if successful, would create a new transcontinental, coast-to-cast rail line. UNP is already the largest railroad in North America and connects the US with gateways to Canada and Mexico. 

Starwood Property Trust (NYSE: STWD) has a bumper 9.74% yield and lofty growth ambitions. The firm has just finalized a $2 billion to acquire the real estate platform Fundamental Income Properties, LLC. This deal will significantly expand Starwood’s portfolio as it covers 467 properties spanning 12 million square feet across 44 states, 56 industries, and 92 tenants. Starwood has a strong track record of utilizing diversification tactics, such as acquisitions, to enter new verticals and maintain consistent earnings and dividend payouts.

Dividend Increases

SPFI lifted its dividend payout to 16 cents per share, an increase of 7%. Its new yield is 1.58%.

CMI improved its dividend payout to $2.00 per share, a 9.9% rise. Its new yield is 2.29%.

RF expanded its dividend payout to 25 cents per share, an increase of 6.0%. Its new yield is 4.16%.

Dividend Decreases

MSB slashed its dividend payout to 12 cents per share, a cut of 78.6%. Its new dividend yield is 1.87%. 

ASML lowered its dividend payout to $1.85 per share, a cut of 11.2%. Its new dividend yield is 0.99%.

QNTO has cut its dividend payout to four cents per share, a decrease of 69.2%. Its new dividend yield is 1.50%.

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Upcoming Dividend Payers


NVYY’s ex-dividend date for the upcoming 51 cents payout is 7/22/25

JBTC’s ex-dividend date for the upcoming 27 cents payout is 7/25/25

BMA’s ex-dividend date for the upcoming 39 cents payout is 7/25/25

Everything Else

  • Chevron has seen off Exxon’s challenge to acquire Hess Corp. after an international court of arbitration ruled in its favor. 

  • 3M performed better than expected in Q2 with a double-digit uplift in EPS as it continues to execute a turnaround plan designed to combat weakening sales. 

  • Amazon is continuing to trim its workforce as it expands its use of generative artificial intelligence.  

  • Charles Schwab has reached an all-time high of $10.76 trillion in client assets after adding more than 1 million new brokerage accounts in Q2. 

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