Core Viewpoint - The article highlights three companies—Lockheed Martin, ExxonMobil, and Starbucks—that are expected to grow their dividends in the near future, making them attractive options for investors seeking passive income [2]. Lockheed Martin - Lockheed Martin is known for its consistent dividend increases, having raised its payout for 22 consecutive years, with expectations for another increase this fall [3][4]. - The company has a high dividend yield of 2.7% and a forward price-to-earnings ratio of 22.2, indicating good value despite recent growth challenges [4]. - Lockheed's backlog stands at $166.5 billion, more than double its projected 2024 revenue, which is expected to generate significant free cash flow to support dividend growth [5]. ExxonMobil - ExxonMobil has a strong track record of dividend increases, having raised its dividend for 42 consecutive years, and is projected to continue this trend due to its focus on production quality [7]. - The company aims to increase earnings by $20 billion and operating cash flow by $30 billion by 2030, with a capital expenditure plan of $28 billion to $33 billion annually from 2026 to 2030 [8]. - ExxonMobil plans to return value to shareholders through $20 billion in stock buybacks and over $17 billion in dividends this year, with a current yield of 3.4% [9]. Starbucks - Starbucks has increased its dividend for 14 consecutive years, but faces challenges from competition and changing consumer preferences [10][12]. - The company is undergoing a turnaround strategy under new CEO Brian Niccol, focusing on improving the in-store experience while managing costs [12][13]. - Despite recent struggles, Starbucks maintains a dividend yield of 2.9%, making it a potential passive income opportunity for investors who believe in the brand's resilience [14][15].

Core Viewpoint - The rising tensions between Israel and Iran are causing concerns over oil supply risks, leading to an increase in oil prices, which could benefit companies like APA that are involved in oil production [2][5]. Group 1: Oil Price Impact - Israeli airstrikes on Iran have prompted retaliatory drone strikes, raising investor concerns about potential disruptions to oil supplies from the Middle East [2]. - As a result of these geopolitical tensions, WTI crude oil prices have risen by 6.5% to $72.50 per barrel, while Brent Crude oil has increased by 6.4%, nearing $74 per barrel [4]. - The ongoing conflict may lead to sustained increases in oil prices as fears of broader regional instability grow [5]. Group 2: APA Company Analysis - APA stock has seen a 3.8% increase, reflecting investor sentiment regarding rising oil prices [1]. - The company reported a profit of $804 million last year, with a current trading valuation of approximately 7.2 times trailing earnings, indicating potential for growth as oil prices rise [6]. - APA offers a 5% dividend yield and generates superior free cash flow of $1.2 billion, which is about 20% more than its reported trailing-12-month earnings, making it an attractive investment option [7].