Posts by: battipagliaj
17 September 2026 I Dallas, TX The board of directors of Texas Instruments Incorporated (NASDAQ: TXN) has declared a regular quarterly dividend of $1.52 per common share, an increase of approximately 7% from the previous quarterly dividend of $1.42. Payment of the dividend is expected in November 2026. For calendar year 2026, this marks the twenty-fifth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-five changes were increases. The simple average dividend increase is roughly 6.04% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12
15 September 2026 I Redmond, WA The board of directors of Micorsoft Corp. (NASDAQ: MSFT) has declared a regular quarterly dividend of $0.98 per common share, an increase of approximately 7.7% from the previous quarterly dividend of $0.91. Payment of the dividend is expected in December 2026. For calendar year 2026, this marks the twenty-fourth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-four changes were increases. The simple average dividend increase is roughly 6.0% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
The S&P 500’s rise is supported by sharply higher earnings forecasts. But cash generation is not keeping pace, and the trillions being invested in AI must earn enough to justify the capital committed over time. That major test is still in front of us. Profits, Cash, and the AI Boom This year the S&P 500 is up 12%, but investors are now paying less for a dollar of earnings (EPS) than at the start of the year. At December 31, the S&P 500 stood at 6,845, and now it sits near 7,686, for a 12% gain year to date. But
7 August 2026 I Glenview, IL The board of directors of Illinois Tool Works Inc. (NYSE: ITW) has declared a regular quarterly dividend of $1.72 per common share, an increase of approximately 7% from the previous quarterly dividend of $1.61. Payment of the dividend is expected in October 2026. For calendar year 2026, this marks the twenty-third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-three changes were increases. The simple average dividend increase is roughly 5.9% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past
4 August 2026 I New York, NY The board of directors of Broadridge Financial Solutions, Inc. (NYSE: BR) has declared a regular quarterly dividend of $1.09 per common share, an increase of approximately 12% from the previous quarterly dividend of $0.975. Payment of the dividend is expected in October 2026. For calendar year 2026, this marks the twenty-second dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-two changes were increases. The simple average dividend increase is roughly 5.9% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the
29 July 2026 I Phoenix, AZ The board of directors of Republic Services, Inc. (NYSE: RSG) has declared a regular quarterly dividend of $0.67 per common share, an increase of approximately 7% from the previous quarterly dividend of $0.625. Payment of the dividend is expected in October 2026. For calendar year 2026, this marks the twenty-first dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-one changes were increases. The simple average dividend increase is 5.6% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
29 July 2026 I Omaha, NE The board of directors of Union Pacific Corp (NYSE: UNP) has declared a regular quarterly dividend of $1.42 per common share, an increase of approximately 3% from the previous quarterly dividend of $1.38. Payment of the dividend is expected in September 2026. For calendar year 2026, this marks the twentieth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty changes were increases. The simple average dividend increase is 5.5% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
Confidence returned in the second quarter, reflected in stronger data tied to AI capital investment. While the conflict with Iran remains active, markets are no longer pricing in the most severe outcome. Instead, markets resumed the hunt for AI beneficiaries in the second quarter. Tactical repositioning includes a closing of an overweight position in developed markets, a refocusing on domestic growth, and a tilt toward mortgages as rates remain steady. Portfolios maintain a modest tilt toward stocks over bonds, aligning with the forecast path for our WCA Barometer.
13 July 2026 I Columbus, IN The board of directors of Cummins Inc. (NYSE: CMI) has declared a regular quarterly dividend of $2.20 per common share, an increase of approximately 10% from the previous quarterly dividend of $2.00. Payment of the dividend is expected in September 2026. For calendar year 2026, this marks the nineteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All nineteen changes were increases. The simple average dividend increase is 5.6% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased,
8 July 2026 I New York, NY The board of directors of Marsh (NYSE: MRSH) has declared a regular quarterly dividend of $0.99 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.90. Payment of the dividend is expected in August 2026. For calendar year 2026, this marks the eighteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All eighteen changes were increases. The simple average dividend increase is 5.35% compared with 2025 levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased,
Artificial intelligence will be a major technology for the next generation and likely to shape our future. Effects on business automation, medicine, science, education, security, consumer services, and software could be far-reaching. Changes to come are very likely to be as important as the rise of personal computers or the internet. We do not view AI as a fad, but the current surge in AI capital spending is still a cycle. The current AI boom is being expressed first through a massive infrastructure buildout. Data centers, semiconductors, and networking gear are expanding fast. Related infrastructure, including power and cooling systems,
Business investment has been a key driver of S&P 500 profits and performance over time (chart below). The story has two layers: a long-term structural trend of labor substitution through capital — a process underway for decades — and a sharper cyclical surge driven by AI investment today. Source: WCA, Bloomberg Over the past several decades, business investment in equipment and intellectual property has grown nearly twice as fast as the overall economy. But that long-run trend masks pronounced cycles, and history offers two useful reference points. In the late 1990s, networking capital spending pushed business investment up roughly 14%
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