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Significant Discovery Keeps 5.87% Yield Flowing for Major Oil Company

BP uncovers its biggest oil field in 25 years, boosting its 5.87% dividend. Meanwhile, UPS and McDonald’s show promise in a bumper week for earnings.

Strong yields meet stronger stories this week.

From BP’s massive oil discovery to UPS’s strategic tech deal and McDonald’s rebound, these dividend stocks are making waves.

Here's everything you need to know right now.

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Retail

Best Buy Tests Ikea Kitchen Showrooms to Boost Traffic in Key U.S. Markets

Best Buy (NYSE: BBY) is introducing a new in-store concept designed to attract more shoppers to its locations as the electronics retailer navigates slower appliance sales and a challenging housing market.

The company will pilot 1,000-square-foot kitchen and laundry showrooms in 10 Florida and Texas locations this fall, integrating Ikea’s home furnishings with Best Buy’s appliance lineup.

For Best Buy, the initiative is a calculated push to expand its relevance beyond core electronics and strengthen its position in home improvement spending.

By pairing kitchen design displays with appliance offerings, the company is positioning itself as a one-stop shop for consumers planning large-scale home projects.

Investors tracking Best Buy will see this as a targeted traffic driver in regions with strong population growth, potentially offsetting tariff-related price pressures and weaker demand in specific product categories.

The concept could also deepen cross-category sales opportunities, giving the retailer a broader base to compete against big-box and specialty rivals.

The test arrives during a period of softer tech sales, making incremental foot traffic and higher-ticket purchases a priority for Best Buy.

If the pilot performs well, it could set the stage for wider rollout in other high-growth markets.

BBY currently trades at $68.00 and pays a dividend of $3.80 per share, a yield of 5.60%.

Pharmaceuticals

Johnson & Johnson Targets Asia’s Lung Cancer Market With New Patient-Focused Initiative

Johnson & Johnson (NYSE: JNJ) has launched a new lung cancer care program in the Asia Pacific region, designed to enhance patient involvement in treatment decisions, underscoring the company’s long-term commitment to the rapidly growing oncology market in the area.

The initiative, branded “The 3rd Opinion,” seeks to address gaps in how patients participate in choosing treatment plans for non-small cell lung cancer (NSCLC).

Asia accounts for roughly 63% of global lung cancer cases, with a higher prevalence of genetic mutations that require targeted therapies — a key growth area for J&J’s Innovative Medicine segment.

For J&J, the move reflects a strategic push to deepen its presence in oncology markets outside the U.S., particularly in regions where targeted therapies can capture a significant share due to unmet needs.

This aligns with the company’s pipeline expansion, which is increasingly weighted toward high-value cancer treatments.

For investors, the program’s focus on patient engagement has the potential to strengthen uptake of J&J’s oncology portfolio, supporting revenue diversification at a time when competition in developed markets is intensifying.

Expanding treatment adoption in Asia could also improve the company’s geographic mix, reducing dependence on any single market and enhancing long-term growth visibility.

JNJ currently trades at $173 and pays a dividend of $5.20 per share, a yield of 3.38%

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Supply Chain

Walmart Adjusts Sourcing Strategy as 50% Tariffs Hit India Imports

Walmart (NYSE: WMT) has suspended new apparel and textile orders from suppliers in India following the U.S. administration’s decision to impose 50% tariffs on goods from the country. The move, also taken by several other U.S. retailers, is aimed at limiting exposure to higher import costs while trade negotiations remain uncertain.

For Walmart, the pause is a tactical supply chain adjustment aimed at managing near-term cost inflation. The company relies on a diverse global sourcing network, and India has been a significant contributor to categories such as apparel, home goods, and soft furnishings. Redirecting orders to alternative markets could help offset some cost pressures, but the shift may lead to transitional supply challenges.

For existing shareholders, the decision underscores Walmart’s ability to act quickly in protecting margins when external trade risks escalate. Those considering a position may view this as evidence of a disciplined procurement strategy, although prolonged disruption could impact product mix and pricing competitiveness in select categories.

The impact will depend on how quickly Walmart can secure equivalent supply from other regions and whether tariffs remain in place for an extended period. In the current retail environment, flexibility in sourcing remains a key advantage for retailers navigating global trade volatility.

WMT currently trades at $104 and pays a dividend of 23.5 cents per share, a yield of 0.95%.

Dividend Stocks Worth Watching

McDonald's (NYSE: MCD) shares are up 2.3% this week after the fast-food titan released positive second-quarter results. The restaurant chain has rebounded with promotions and new menu items, helping it to grow sales by 6% and revenue by 5% in the quarter.

The company is now turning its attention to solidifying that progress by considering how it can better serve lower-income consumers and entice them back to its stores across the USA.

Ahead of those initiatives, MCD expects that its results will continue to improve through the rest of the year. 

United Parcel Service (NYSE: UPS) offers an attractive 7.58% yield on its $1.64 dividend.
The parcel company has just signed a multi-year deal with the VerifyMe Inc. (NASDAQ: VRME) subsidiary, PeriShip Global, LLC.

The new partnership will see UPS welcome PeriShip to its Digital Channel Program Agreement.

This will give PeriShip preferential shipping rates on specific UPS services, along with access to digital tools such as proactive monitoring, weather tracking, and issue resolution. 

BP (NYSE: BP) delivers an attractive 5.87% yield to dividend investors and has just lifted its payment by 4.00%.

That isn’t the only good news coming from the energy company in the last few days, however.

It has also announced the discovery of a significant new oil field off the coast of Brazil. Its largest finding in 25 years, the Bumerangue block could be worth 11 to 22% of the company's market capitalization.

The field is located around 400 miles from Rio de Janeiro, in the Santos basin, and is wholly owned by BP.

Dividend Increases

EFXT has raised its dividend payout to 37 cents per share, an increase of 44.29%. Its new yield is 1.86%. 

CCOI has increased its dividend payout to $1.01 per share, a rise of 0.50%. Its new yield is 9.25%. 

BP has lifted its dividend payout to 49 cents per share, a lift of 2.96%. Its new yield is 5.8%. 

Dividend Decreases

CC has reduced its dividend payout to 8 cents per share, a decrease of 65%. Its new yield is 2.9%.

TXO has cut its dividend payout to 45 cents per share, a decline of 26.23%. Its new yield is 12.1%. 

TAIT has trimmed its dividend payout to 3 cents per share, a drop of 30%. Its new yield is 6.4%.

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Upcoming Dividend Payers

APD’s ex-dividend date for the forthcoming $1.79 payout is 08/11/25.

BX's ex-dividend date for the forthcoming $1.03 payout is 08/11/25.

TXN’s ex-dividend date for the forthcoming $1.36 payout is 08/12/25. 

Everything Else

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