Core Viewpoint - Independent Bank Corporation announced a quarterly cash dividend of $0.28 per share, reflecting a 7.7% increase, marking the thirteenth consecutive annual increase in dividend payments [1][2]. Company Overview - Independent Bank Corporation is a Michigan-based bank holding company with total assets of approximately $5.5 billion [2]. - The company operates through a state-chartered bank subsidiary, providing a full range of financial services including commercial banking, mortgage lending, investments, and insurance services [2]. - Founded in 1864 as First National Bank of Ionia, the company has a branch network across Michigan's Lower Peninsula [2]. Dividend Information - The declared dividend is payable on February 13, 2026, to shareholders of record on February 3, 2026 [1]. - The increase in the dividend is attributed to the company's consistent long-term performance, robust capital position, and optimistic outlook for the future [2].

Capital Expenditure Budget - Total Energy Services Inc. has announced a preliminary 2026 capital expenditure budget of $55.8 million, which includes $34.8 million for maintenance capital and $21.0 million for growth capital [1] - The capital expenditure program will be financed through cash on hand and cash flow from operations [1] Maintenance Capital Allocation - Of the $34.8 million maintenance capital budget, $28.4 million will be allocated to equipment maintenance, re-certifications, and the purchase of new drill pipe [2] - The remaining $6.4 million is non-recurring, with $4.0 million for upgrading enterprise resource planning systems and $2.4 million for acquiring a leased operating facility in the United States [2] Growth Capital Focus - The $21.0 million growth capital is primarily aimed at constructing a new service rig for deployment in Australia and expanding the North American natural gas compression fleet [3] - The Australian service rig is expected to be operational by the second quarter of 2027 under a long-term contract [3] Carryover Commitments - Approximately $24.5 million of 2025 capital expenditure commitments will carry into 2026, mainly for expanding the CPS segment's fabrication capacity in the U.S., upgrading an idle Australian service rig, and enhancing several Canadian drilling rigs [4] - The CPS segment's expansion is anticipated to be completed by the first quarter of 2027, while the Australian service rig is expected to be operational by the second quarter of 2026 [4] Dividend Increase - The Board of Directors has approved a 20% increase in the quarterly dividend to $0.12 per common share, effective for the quarter ending March 31, 2026 [5] Company Overview - Total Energy provides contract drilling services, rentals, transportation services, well servicing, and compression and process equipment to energy and other resource industries from operational centers in North America and Australia [6]

Core Viewpoint - Ubiquiti, Inc. has experienced significant stock price appreciation and operational recovery in 2025, driven by strong demand for its Wi-Fi equipment and effective management strategies, including debt reduction and increased shareholder returns [2][3][7]. Financial Performance - Ubiquiti's stock surged 66.7% in 2025, with a peak increase of about 150% following the fourth-quarter report in August [2][7]. - The company reported impressive revenue growth, with Q2 revenue at $599.9 million (29% YOY), Q3 at $664.2 million (34.7% YOY), Q4 at $759.2 million (49.6% YOY), and Q1 of FY26 at $733.8 million (33.3% YOY) [6]. - Adjusted EPS for the same periods were $2.28, $3.00, $3.54, and $3.46 respectively [6]. Business Strategy - Ubiquiti's management introduced a new $500 million share repurchase program and raised the quarterly dividend by 33.3% to $0.80 per share, indicating a shift towards returning cash to shareholders after paying down debt [7][8]. - The company maintained a lean business model with high margins, allowing it to navigate challenges during inflation and rising interest rates in 2022 and 2023 [5][4]. Market Position - Ubiquiti is a leading provider of ultra-fast Wi-Fi equipment and network management tools, experiencing high demand despite facing parts shortages during the pandemic [4].

Core Viewpoint - Otter Tail Corporation has announced an increase in its quarterly common stock dividend, reflecting its financial strength and commitment to returning value to shareholders [1] Dividend Announcement - The quarterly common stock dividend has been raised to $0.5775 per share [1] - This increase results in an annual indicated dividend rate of $2.31 per share, which represents a $0.21 increase, or 10 percent, over the 2025 rate [1] - This marks the second consecutive year that the company has announced a double-digit increase in its dividend [1]

Core Viewpoint - CF Bankshares Inc. announced a quarterly cash dividend of $0.09 per share on common stock and $9.00 per share on Series D preferred stock, marking a 13% increase from the previous dividend [1][2]. Group 1: Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.09 per share on common stock and $9.00 per share on Series D preferred stock [1]. - The dividend represents a 13% increase over the previous quarterly dividend [1]. - The dividend is payable on January 26, 2026, to shareholders of record as of January 15, 2026 [1]. Group 2: Company Overview - CF Bankshares Inc. is the parent company of CFBank, a nationally chartered boutique commercial bank [2]. - CFBank operates primarily in five major metro markets: Columbus, Cleveland, Cincinnati, Akron in Ohio, and Indianapolis in Indiana [2]. - Since its recapitalization in 2012, CFBank has achieved a compound annual growth rate (CAGR) of 20% [2]. Group 3: Business Focus - CFBank focuses on serving the financial needs of closely held businesses and entrepreneurs through comprehensive commercial, retail, and mortgage lending services [3]. - The bank provides a range of services including commercial loans, equipment leases, real estate loans, and treasury management [3]. - CFBank differentiates itself by offering individualized service and direct access to decision-makers, matching the sophistication of larger banks without the associated bureaucracy [3].

Group 1 - Mastercard Incorporated (NYSE:MA) has been identified as one of the 7 best digital payments stocks to invest in currently [1] - The company's board approved a new share repurchase program allowing for the buyback of up to $12 billion of its Class A shares, following the completion of a previous $11 billion program [2] - Mastercard increased its quarterly dividend from 66 cents to 76 cents per share, indicating a commitment to returning value to shareholders [2] Group 2 - Evercore ISI maintained an In Line rating for Mastercard and raised its price target from $600 to $610, citing anticipated investor interest and valuation considerations [3] - Mastercard exceeded Wall Street forecasts in the last quarter, benefiting from stable spending volumes and its expansion into digital commerce and stablecoins [4] - The company is recognized as one of the major payment processors globally, highlighting its significant market position [4]

Core Insights - Companies with a long history of dividend increases are likely candidates for future dividend raises, indicating stability and reliability in their financial performance [1]. Company Summaries - **Procter & Gamble**: The company has raised its dividend for 69 years, with a recent revenue increase of 2% to $84.3 billion and operating cash flow of $17.8 billion. Its forward yield is approximately 3% [2]. - **Johnson & Johnson**: This company has increased its dividend for 63 consecutive years, recently raising it by 4.8%. In the last quarter, revenue rose 7% to $24 billion, and per-share earnings surged 91% to $2.12. The company also raised its 2025 sales outlook [3]. - **Altria**: Altria has increased its dividend to $1.06 from $1.02, marking the 60th increase in 56 years. From 2020 to 2024, it has paid out $32 billion in dividends and conducted $7.8 billion in stock buybacks. Altria is known for its Marlboro brand [4]. - **Coca-Cola**: The company announced its 63rd consecutive annual dividend increase, raising the quarterly dividend by approximately 5.2% from 48.5 cents to 51 cents per share. Coca-Cola reported revenue of $12.5 billion, up 5%, with earnings rising 30% to $0.86 per share [5].

Core Viewpoint - nVent Electric plc announced a quarterly cash dividend of US$0.21 per ordinary share for Q1 2026, marking a 5% increase from the previous dividend of US$0.20 per share [1] Company Overview - nVent is a leading global provider of electrical connection and protection solutions, focusing on inventive electrical solutions that enhance safety and security [2] - The company designs, manufactures, markets, installs, and services high-performance products that protect sensitive equipment, buildings, and critical processes [2] - nVent's portfolio includes well-known brands such as nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE, with a history spanning over 100 years [2]

Core Viewpoint - W. P. Carey Inc. has increased its quarterly cash dividend to $0.920 per share, marking a 4.5% increase from the previous year, reflecting the company's strong financial performance and commitment to returning value to shareholders [1]. Group 1: Dividend Announcement - The quarterly cash dividend is now set at $0.920 per share, which translates to an annualized rate of $3.68 per share [1]. - This dividend increase of 4.5% is compared to the fourth quarter of 2024 [1]. - The dividend will be payable on January 15, 2026, to stockholders of record as of December 31, 2025 [1]. Group 2: Company Overview - W. P. Carey Inc. is one of the largest net lease REITs, with a diversified portfolio of high-quality commercial real estate [2]. - As of September 30, 2025, the company owns 1,662 net lease properties covering approximately 183 million square feet [2]. - The company focuses on investing in single-tenant, industrial, warehouse, and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations [2].

Core Points - Marriott Vacations Worldwide Corporation announced an increase in its quarterly dividend to $0.80 per share, payable on or around January 7, 2026, to stockholders of record as of December 24, 2025 [1] - The Board of Directors extended the share repurchase authorization through December 31, 2026, allowing for various methods of repurchase depending on market conditions and other factors [1][2] Company Overview - Marriott Vacations Worldwide Corporation is a leading global vacation company offering vacation ownership, exchange, rental, and resort management services, with a portfolio of 120 vacation ownership resorts and approximately 700,000 owner families [3] - The company operates an exchange network and membership programs with over 3,200 affiliated resorts in more than 90 countries and territories, maintaining long-term relationships with Marriott International, Inc. and Hyatt Hotels Corporation [3]