Posts by: battipagliaj
18 September 2025 I Dallas, TX The board of directors of Texas Instruments Incorporated (NASDAQ: TXN) has declared a regular quarterly dividend of $1.42 per common share, an increase of approximately 4.4% from the previous quarterly dividend of $1.36. Payment of the dividend is expected in November 2025. For calendar year 2025, this marks the twenty-fifth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-five changes were increases. The average dividend increase is 6.7% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12
The Federal Reserve meets this week to determine the next steps for monetary policy. And while the Federal Open Market Committee appears divided as to the appropriate future course for policy, financial markets are positioned for significant rate cuts ahead. As the chart below shows, the futures market is betting on 5-6 rate cuts by the end of next year, ultimately lowering short-term policy rates to under 3% from today’s rate near 4.5%. The committee meets under intense pressure to act as inflation remains well above target and amid signs of slippage in job growth. Markets Priced for Big Cuts
15 September 2025 I Redmond, WA The board of directors of Microsoft Corp. (NASDAQ: MSFT) has declared a regular quarterly dividend of $0.91 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.83. Payment of the dividend is expected in December 2025. For calendar year 2025, this marks the twenty-fourth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-four changes were increases. The average dividend increase is 6.8% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
Stock prices are more than numbers on a screen. They tell us what market participants believe. These beliefs are distilled into prices that reveal investors’ changing expectations about the future. The expectations are not those of a CEO or a handful of analysts — they are the aggregate judgment of all the actual buyers and sellers of stocks who set prices each day. By applying a basic valuation framework[1] to the five hundred largest U.S. companies, we can tease out what the market assumes about long-run growth in perpetuity. This is not about next quarter or even the next decade.
1 August 2025 I Glenview, IL The board of directors of Illinois Tool Works Inc. (NYSE: ITW) has declared a regular quarterly dividend of $1.61 per common share, an increase of approximately 7.3% from the previous quarterly dividend of $1.50. Payment of the dividend is expected in October 2025. For calendar year 2025, this marks the twenty-third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-three changes were increases. The average dividend increase is 6.7% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past
29 July 2025 I Phoenix, AZ The board of directors of Republic Services, Inc. (NYSE: RSG) has declared a regular quarterly dividend of $0.625 per common share, an increase of approximately 7.7% from the previous quarterly dividend of $0.58. Payment of the dividend is expected in October 2025. For calendar year 2025, this marks the twenty-second dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-two changes were increases. The average dividend increase is 6.7% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12
16 July 2025 I Omaha, NE The board of directors of Union Pacific Corporation (NYSE: UNP) has declared a regular quarterly dividend of $1.38 per common share, an increase of approximately 3% from the previous quarterly dividend of $1.34. Payment of the dividend is expected in September 2025. For calendar year 2025, this marks the twenty-first dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-one changes were increases. The average dividend increase is 6.6% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12
15 July 2025 I Columbus, IN The board of directors of Cummins Inc (NYSE: CMI) has declared a regular quarterly dividend of $2.00 per common share, an increase of approximately 10% from the previous quarterly dividend of $1.82. Payment of the dividend is expected in September 2025. For calendar year 2025, this marks the twentieth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty changes were increases. The average dividend increase is 6.8% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
9 July 2025 I New York, NY The board of directors of Marsh McLennan (NYSE: MMC) has declared a regular quarterly dividend of $0.90 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.815. Payment of the dividend is expected in August 2025. For calendar year 2025, this marks the nineteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All nineteen changes were increases. The average dividend increase is 6.6% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12
Markets have proven more resilient than expected in the first half of 2025, rebounding quickly from tariff-driven volatility. While headline earnings remain strong, pressures are building beneath the surface — particularly in inflation, valuations, and global growth dynamics. Foreign developed markets have outpaced the U.S., supported by a weaker dollar and improving international conditions. Meanwhile, we are raising our long-run U.S. productivity forecast to 2.5% from 1.75%, reflecting growing confidence in the transformative impact of AI. Like the internet boom of 1995–2005, we expect AI to drive meaningful productivity gains, boosting long-term equity return potential.
4 June 2025 I Minnetonka, MN The board of directors of UnitedHealth Group (NYSE: UNH) has declared a regular quarterly dividend of $2.21 per common share, an increase of approximately 5.2% from the previous quarterly dividend of $2.10. Payment of the dividend is expected in June 2025. For calendar year 2025, this marks the eighteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All eighteen changes were increases. The average dividend increase is 6.5% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
21 May 2025 I Galway, Ireland The board of directors of Medtronic plc (NYSE: MDT) has declared a regular quarterly dividend of $0.71 per common share, an increase of approximately 1.4% from the previous quarterly dividend of $0.70. Payment of the dividend is expected in July 2025. For calendar year 2025, this marks the seventeenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All seventeen changes were increases. The average dividend increase is 6.6% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months,
Quarterly Report
Principles
Dividend Investing
