Energy Company Grows Dividend 52%

Hello and welcome to Dividend Brief, the 2 times weekly newsletter focused on dividend investing.

Today, we will look into AbbVie, McDonald’s, and Chevron, highlight a few dividend stocks worth watching, as well as share companies that are about to pay a dividend in the next few days.

Healthcare

AbbVie Expands Alzheimer’s Research with Strategic Acquisition of Aliada Therapeutics

AbbVie is set to strengthen its presence in neuroscience with the acquisition of Aliada Therapeutics, a biotech company known for its innovative approach to crossing the blood-brain barrier (BBB). This acquisition, scheduled to conclude later in 2024, enhances AbbVie’s ability to pursue advancements in treating neurological disorders, including Alzheimer's disease. Aliada’s promising ALIA-1758 therapy, an antibody targeting amyloid beta plaques linked to Alzheimer’s, is currently in early-stage clinical trials, showing potential to change the course of this disease.

Aliada’s proprietary technology, which enables the transport of drugs across the BBB, represents a significant step in addressing the challenges of central nervous system treatments. The acquisition aligns with AbbVie’s recent initiatives, including a collaborative effort to develop neuropsychiatric therapies and new solutions for advanced Parkinson’s disease. These expansions build on AbbVie’s long-standing partnerships and established presence in the pharmaceutical industry.

In financial outlooks, AbbVie projects stable revenue growth over the next few years while continuing to invest in research and development. Known for consistently rewarding shareholders, AbbVie has a history of dividend increases and aims to balance returns with its focus on innovative therapies that meet critical healthcare needs. The Aliada acquisition underscores AbbVie’s commitment to advancing its portfolio and tackling pressing issues in neurological health.

ABBV currently trades at $189 and pays a dividend of $1.55 a share, a yield of 3.3%.

Energy

This $54,000 Rock Could Be the Next Energy Breakthrough

This Canadian miner has found something extraordinary: high-grade boulders valued at up to $54,000 each, containing a super-rich fuel source—8x the global average.

Positioned in a booming AI-driven energy market, this tiny company is quickly setting the stage to become a major supplier of advanced power solutions.

With energy needs soaring worldwide, this discovery could transform the industry and elevate this company to the forefront of AI energy tech.

[Take a closer look before Wall Street catches on!]

Consumer

McDonald's Brings Back Quarter Pounder with New Safety Measures Amid E. Coli Investigation

McDonald’s is reintroducing its popular Quarter Pounder burgers to about 900 locations, following a temporary removal linked to an E. coli outbreak. As a safety measure, these burgers will be served without slivered onions as health officials continue investigating the issue. This adjusted menu will affect select locations across states including Colorado, Kansas, and Wyoming, along with several others.

The focus of the investigation has now shifted to the slivered onions, which may be the source of the contamination. McDonald’s has suspended its onion supplier, Taylor Farms, while the FDA examines if these onions are responsible. The fast-food chain is also coordinating with its beef suppliers to replenish fresh beef patties for its Quarter Pounders, aiming to gradually restore the item nationwide.

The Centers for Disease Control and Prevention has confirmed that the outbreak has impacted several states and resulted in numerous hospitalizations, including cases with severe complications. McDonald’s is working to rebuild trust and ensure customer safety, with company representatives expressing their commitment to address concerns and provide quality service. This situation has also impacted McDonald's stock performance, which has seen a recent decline following news of the outbreak.

MCD currently trades at $295 and pays a dividend of $1.77 a share, a yield of 2.4%.

Tech

Chevron Launches Rykon Grease Range to Boost Performance Across Industries

Chevron has announced the launch of its latest range of grease products in the Asia-Pacific region, following the successful introduction of Rykon greases in North America last year. Rykon has been developed to meet the critical demands for high-performance grease, which is essential for maximizing equipment performance and uptime across various industries. This innovative formulation is particularly suited for heavy-duty and extreme pressure applications in sectors such as mining, construction, agriculture, and forestry.

The calcium sulfonate complex-based Rykon greases serve as a viable alternative to lithium-based thickeners, which have seen price increases due to heightened global demand. Chevron's Rykon line includes three variants: Rykon EP 2, Rykon HD 2, and Rykon HD 2 M5. These products are designed to enhance equipment longevity, extend lubrication intervals, and lower overall equipment ownership costs.

Rykon greases offer superior oxidation and thermal stability, along with exceptional water washout performance, ensuring robust protection against equipment failures and unplanned downtime. In practical applications, such as at a California aggregate quarry, Rykon HD 2 M5 demonstrated a significant 30% reduction in grease consumption over six weeks, even under challenging summer conditions, maintaining its integrity and performance throughout. This launch highlights Chevron's dedication to providing high-quality lubricant solutions that help customers enhance their operational efficiency.

CVX currently trades at $148 and pays a dividend of $1.63 a share, a yield of 4.3%.

Clean Energy

The $1 Uranium Miner Set to Capitalize on Soaring Demand

With energy demands on the rise, nuclear power is becoming more essential, and Elon Musk is among the high-profile figures turning to uranium.

But one small-cap miner, trading for less than $1, could get ahead in the race. This company holds a prime piece of land in Canada with some of the richest uranium deposits ever uncovered.

This company’s unique position could attract serious attention as uranium demand rises, and those who act now could stand to benefit.

[Get the inside details and ticker symbol on this promising play here]

DMLP increased its dividend payout to 99 cents per share, an increase of 52%. Its new forward yield is 12.1%

BX increased its dividend payout to 86 cents per share, an increase of 4.5%. The company’s new forward yield is 1.1%

KNTK increased its dividend payout to 78 cents per share, an increase of 4%. The new forward yield of KNTK is 5.9%

SVC decreased its dividend payout to 1 cent per share, dropping its yield by 95%. Its forward yield of ABC is 1%

ASML decreased its dividend payout to $1.40 per share, a cut of 25%. The new forward yield of ASML is 0.8%

BMO decreased its dividend payout to $1.12 cents per share, a cut of 0.18%. The company’s new forward yield is 5.39%