Dividend

BP Prudhoe Bay Royalty Trust will not distribute a dividend for the quarter ending June 30, 2025. This is due to negative Per Barrel Royalty calculations, driven by low WTI prices and high costs. The Trust ceased operations on December 31, 2024, and its units will be delisted from the NYSE and commence trading on OTC Pink on July 1, 2025, facing reduced liquidity. All operations are now in the process of winding down.

SINOVAC Biotech Ltd. successfully defended against a legal challenge in New York, paving the way for its declared $55.00 per share dividend. The court denied Advantech/Prime’s petition, a move that supports the current board’s actions and their plans for further shareholder payouts. Shareholders are encouraged to vote against proposals to oust the current board.

IDEX Corporation (NYSE: IEX) announced a regular quarterly cash dividend of $0.71 per share, payable July 25, 2025. This marks its 123rd consecutive quarterly dividend. IDEX is a diversified industrial company manufacturing engineered products and components used in various sectors, including microchip manufacturing, water treatment, satellite communications, healthcare, and fire/rescue. Founded in 1988, IDEX now operates globally with approximately 9,000 employees and annual sales of $3.3 billion.

Prime Success L.P., holding an 8% stake in Sinovac Biotech, issued a statement criticizing the company’s upcoming shareholder meeting on July 8, 2025, and the actions of the current board (“1Globe Activist Board”). Prime Success, a large shareholder, accuses the board of misleading statements regarding dividend distribution timing and manipulating facts. They advocate for a dividend payout before the meeting and urge shareholders to vote for a new board nominated by SAIF, emphasizing the critical need for competent leadership focused on the company’s long-term success.

Abbott announced its 406th consecutive quarterly dividend of $0.59 per share, payable August 15, 2025. This marks 53 consecutive years of dividend increases, highlighting Abbott’s financial strength and its inclusion in the S&P 500 Dividend Aristocrats Index. The consistent payouts, starting in 1924, underscore the company’s commitment to shareholder value.

BAB, Inc. announced a quarterly cash dividend of $0.01 per share, payable July 14, 2025. This reinforces their commitment to shareholder value. A portion of the distribution may be classified as a return of capital. The final dividend composition, based on the company’s 2025 performance, will be determined in January 2026. BAB, Inc., a franchisor of food brands like Big Apple Bagels®, navigates the competitive food service sector, with this dividend affecting investor perception.

CW BANCORP announced a quarterly cash dividend of $0.23 per share, payable July 1, 2025, to shareholders of record June 16, 2025. CommerceWest Bank, its subsidiary, focuses on California’s small and medium-sized businesses. The bank provides commercial banking services, including digital banking, loans for various purposes, and treasury management. The dividend reflects a commitment to shareholder returns and supporting California businesses.

Royce Micro-Cap Trust (RMT) announced a $0.18 per share quarterly distribution, payable June 25, 2025, with shareholders able to choose cash or additional shares. The distribution rate is currently 7% annually, subject to change. As of May 31, 2025, the distribution source is primarily long-term gains. The fund’s 5-year average annual total return is 12.71%.

UL Solutions Inc. announced a $0.13 per share quarterly cash dividend, approved by its board, payable on June 9 to shareholders of record by May 30, 2025. The payout reflects the company’s financial discipline and commitment to returns amid market volatility. A global leader in safety science, UL Solutions provides testing, certification, and advisory services across 110+ countries, leveraging its iconic UL Mark to ensure product integrity. Emphasizing innovation in cybersecurity, renewables, and ESG-aligned initiatives, the firm aims to transform operational challenges into competitive advantages. Analysts highlight its stable dividend history and outperformance in industrial sectors, driven by digital transformation and high-growth verticals like AI and circular economy frameworks.