"JPMorgan is the clearest dividend anchor. The bank pays $1.50 per quarter, climbing steadily from $1.00 per quarter in 2023 with no missed payments across 27 years. With FY2025 EPS of $20.02 and a dividend yield near 2%, the payout ratio sits well below 30%, leaving room before any stress scenario threatens the dividend."
"American Express raised its quarterly payout from $0.82 to $0.95, a 16% increase backed by FY2026 guidance calling for EPS of $17.30 to $17.90. The company's net write-off rate of 2.0% for the full year is best-in-class for a credit card issuer, and net card fee revenues have posted double-digit growth for 30 consecutive quarters."
"BNY Mellon's dividend trajectory is one of the most consistent in the fund. The quarterly payout has risen from $0.31 in 2020 to $0.53 today, with no cuts across the entire dataset. FY2025 net income grew 23%, and the bank delivered eight consecutive quarters of dividend increases."
Gabelli Dividend & Income Trust, trading around $28, has returned 42% over the past year. Launched in 2003 with $2.9 billion in assets, it emphasizes dividends and income. The fund uses leverage to amplify returns, with a 1.5% expense ratio. It collects dividends from holdings, primarily in financial services, health care, and food and beverage. Key holdings include JPMorgan, American Express, and BNY Mellon, which have shown consistent dividend growth and strong financial performance, supporting their payouts even in challenging scenarios.
Read at 24/7 Wall St.
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