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- The Weight-Loss Race Just Found Its Front-Runner
The Weight-Loss Race Just Found Its Front-Runner
A landmark FDA approval has pushed the weight-loss battle into a new phase, with the first oral GLP-1 pill clearing regulators.
The breakthrough hands its maker a decisive advantage over rivals and injects fresh momentum into an already red-hot growth story.

Colorado’s Most-Awarded Brewery Did Something Totally Unique
Some companies make lofty promises to investors and never deliver. Others use those dollars to unlock new levels of scale.
That’s Westbound & Down’s story. Already Colorado’s most-awarded craft brewery, they opened their doors to investors for the first time to help open a flagship Denver-metro-area location.
With 2,800% distribution growth since 2019 and a retail partnership with Whole Foods, it’s no shock investors maxed out that campaign in less than 60 days.
But it’s what comes next that’s even more exciting. Fresh off Brewery of the Year honors at the 2025 Great American Beer Festival, W&D is scaling toward 4X distribution growth by 2028.
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Asset Management
The Infrastructure Power Move Hiding in Plain Sight

BlackRock (NYSE: BLK) is pushing deeper into Latin America’s logistics backbone, and the move has very little to do with ports or highways alone.
As global supply chains reset, logistics has become the layer that decides which projects move and which quietly stall.
This is where execution matters more than ownership.
If you cannot move oversized energy equipment, mining infrastructure, or industrial components on time, capital stops caring about demand forecasts.
Logistics Is Where Leverage Forms
BlackRock is embedding itself in specialized logistics tied to renewables, energy transition projects, and critical infrastructure.
These are complex systems built for precision, not volume, and mistakes here are expensive.
Once embedded, logistics stops being a background function. It becomes a control point that shapes timelines, risk tolerance, and project viability before money is fully committed.
Execution Is the Real Bottleneck
Latin America’s growth constraints are no longer demand-driven.
They are execution driven, especially for solar, wind, and grid expansion that rely on fragile transport corridors.
When execution works, capital flows faster and at scale. When it fails, projects freeze, and you see momentum disappear almost overnight.
By operating within execution layers, BlackRock gains early visibility into where capital pressure will next emerge.
That insight compounds over long cycles and sharpens future allocation.
For developers and governments, the signal is follow through. For us, we are watching BlackRock shift from asset ownership to owning how development actually gets done.
BLK currently trades at $1,089 and pays a dividend of $20.84 per share, a yield of 1.91%.

Retail
Home Depot Quietly Signals a Shift Big Retail Rarely Makes

Home Depot (NYSE: HD) is drawing renewed attention to a policy that most retailers abandoned years ago, staying open nearly every day of the year while formally reaffirming closures on Thanksgiving and Christmas.
At a time when chains chase nonstop availability, this choice stands out as intentional rather than nostalgic.
The company continues to pair long daily operating hours with a staffing model built around trained, trade-focused associates.
That combination is quietly being framed as a retention and reliability play, not just a customer service one.
Long Hours, But With Limits
Home Depot opens early and closes late across most of the year, reinforcing its role as a year-round utility for repairs and projects.
When schedules shift or something breaks, you know the doors will be open without having to check a holiday list.
The two holiday closures are not symbolic.
Running warehouse-sized stores on low-traffic days burns cash, and leadership appears comfortable trading marginal sales for operational discipline.
Skilled Staff Is the Real Asset
Unlike many retailers, Home Depot leans on associates with real product and trade knowledge.
That approach slows hiring but increases trust and changes how shoppers interact with the floor.
Providing those workers with guaranteed time off on major holidays helps protect morale and retention.
Over time, you see how consistency, staffing quality, and restraint reinforce each other, and why you keep coming back even when other stores blur together.
HD currently trades at $347 and pays a dividend of $9.20 per share, a yield of 2.65%.

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Healthcare
The Pricing Reset No One Expected This Fast

Merck (NYSE: MRK) is rolling out one of the most aggressive U.S. strategy shifts seen from a major drugmaker in years, touching pricing, access, and manufacturing at the same time.
Instead of treating affordability and supply as political headaches, Merck is folding them directly into how its business operates.
The change centers on control.
By reshaping how medicines reach patients and where they are made, the company is tightening execution in areas that used to sit outside the core playbook.
Pricing Gets Pulled Forward
Merck is launching a direct-to-patient pricing model that slashes cash prices on key diabetes drugs by about 70 percent for eligible patients. This is not a quiet test.
It creates a new channel that strips out pricing friction and gives the company direct oversight of access.
More importantly, affordability is being positioned upfront.
Future cardiovascular launches are expected to bake pricing into day one decisions, so you are not waiting years for relief after public pressure builds.
Manufacturing Comes Back Into Focus
Alongside pricing, Merck is accelerating its U.S. manufacturing expansion.
More than $12 billion has already gone into domestic facilities since 2017, with another $70 billion in combined capital and R&D spending planned in the years ahead.
New sites across Virginia, Kansas, and Delaware strengthen supply security and reduce exposure to global disruptions.
For the healthcare system, this signals a shift toward execution and trust.
For Merck, you are watching a company lock in relevance by aligning access, resilience, and innovation at scale.
MRK currently trades at $106 and pays a dividend of $3.40 per share, a yield of 3.19%.

Dividend Stocks Worth Watching
FedEx Corporation (NYSE: FDX) has comfortably exceeded earnings estimates by 17.2%, despite operational challenges.
The parcel company's Q2 FY2026 release included 13.9% revenue growth and an increase in full-year guidance to up to 6% growth.
The strong performance came as the firm continued to invest in its Express and Ground operations to grow its eCommerce business.
In more positive news, CFO John Dietrich also confirmed that the grounded MD-11F fleet is expected to return to service next spring.
FDX pays a $1.45 dividend, yielding 1.98%.
UnitedHealth Group (NYSE: UNH) has moved to steady the ship after releasing early findings from an independent audit into its business practices.
The review found many of the company's policies to be robust and well established, while also highlighting areas where processes can be tightened.
Management has committed to more than 20 action plans to improve oversight, transparency, and execution, with 65% of the work to be completed by the end of 2025 and all remaining measures expected to be implemented by March next year.
The update was positioned as a proactive step to rebuild trust and reduce longer-term regulatory risk.
Markets took the news in stride, with investors focused on whether the audit helps draw a line under uncertainty rather than extend it.
UNH remains a cash-generative healthcare heavyweight with scale few rivals can match, and its dividend profile remains intact. It pays a quarterly dividend of $2.21 per share, yielding 2.72%.
Novo Nordisk (NYSE: NVO) has thrown down the gauntlet to other weight loss drug makers after it secured the U.S. Food and Drug Administration’s first-ever GLP-1 approval.
FDA approval of the oral Wegovy pill is a massive coup for the Danish pharmaceutical company, giving it a much-needed edge over rival Eli Lilly.
In testing, NVO's weight-loss pill has been better tolerated and more effective than rival offerings, giving it another advantage ahead of its launch in pharmacies next month.
NVO stock surged after the world-first news broke, rising almost 7% in early trading on Tuesday. NVO pays a 29-cent semi-annual dividend, yielding 2.43%.

Dividend Increases
MRP has increased its dividend to 75 cents, up 2.74%. Its new yield is 10.32%.
Dividend Decreases
BBD has reduced its dividend to 0.3 cents, a 2.58% decline. Its new yield is 1.23%.

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Upcoming Dividend Payers
KHC’s ex-dividend date for the forthcoming 40-cent payment is 12/26/25.
DPZ’s ex-dividend date for the forthcoming $1.74 payment is 12/26/25.
GPN’s ex-dividend date for the forthcoming 25-cent payment is 12/26/25.
DKS’s ex-dividend date for the forthcoming $1.21 payment is 12/26/25.

Everything Else
Almost a dozen U.S. and European pharmaceutical companies have signed an agreement with the Trump administration to lower the prices of their medicines for consumers. The group includes Bristol-Myers Squibb, Eli Lilly, GSK, and Novo Nordisk.
Dina Powell McCormick has resigned from the Meta board, effective immediately. The former Trump advisor served just eight months in the role.
Dominion Energy’s Coastal Virginia Offshore Wind project has been forced to pause construction after the government raised national security concerns.
Ford has terminated its $6.5 billion battery deal with LG Energy Solution and cancelled another battery contract with SK On as the future of its EV models remains uncertain.

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



