3 Big Dividend Hikes Hit the Market—1 Just Doubled Its Payout

TKO Group - TKO Group announced a significant dividend increase, doubling its quarterly dividend to $0.76 per share, resulting in an annual dividend of $1.52 and a dividend yield of 0.76% [1][3] - The company has seen a total return of approximately 96% since going public two years ago, with quarterly revenues more than quadrupling due to the rising popularity of its franchises, WWE and UFC [1][2] - TKO secured two major media deals, including a $1.6 billion agreement with ESPN and a $7.7 billion deal with Paramount Skydance, which will enhance its financial position and justify the dividend increase [2][3] Lam Research (LRCX) - Lam Research announced a 13% increase in its quarterly dividend, raising it to $0.92 per share, with an annual dividend of $3.68 and a dividend yield of 0.88% [4][5] - The company has a market capitalization of approximately $130 billion and is a key player in the semiconductor manufacturing equipment industry, focusing on etch and deposition tools [5][6] - Lam's dividend yield ranks in the top 20 among large-cap semiconductor stocks, despite not being particularly high compared to the general market [7] Intuit (INTU) - Intuit declared a 15% increase in its quarterly dividend, raising it to $1.20 per share, resulting in an annual dividend of $4.16 and a dividend yield of 0.62% [8][9] - With a market capitalization of around $188 billion, Intuit is among the top 10 most valuable software stocks globally [8][9] - Although Intuit's yield is not high, it is notable that most software stocks do not pay dividends, placing Intuit's yield in the top 10 among large-cap software stocks [10]