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3 Stocks in Focus That Hiked Dividends Recently Amid Geopolitical Tensions
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Key Takeaways
TJX raised its dividend to $0.48 per share, marking five increases in five years.
BKU announced a $0.33 dividend with a 2.75% yield and a consistent payout growth history.
DOO declared a $0.25 dividend and has raised payouts 12 times in five years.
Wall Street remained volatile for most of the first quarter of 2026. Concerns over high inflation, a shrinking labor market, uncertainty in rate cuts, and geopolitical tensions rattled stocks.
Investor sentiment has remained low over the past few months as fears of the economy slipping into a recession continue to weigh on markets.
Given the uncertainty, which could keep markets volatile for a longer period, cautious investors looking for steady income and ways to protect their capital may consider holding or investing in dividend-paying stocks.
Such stocks provide steady earnings through regular dividend payouts and can help mitigate the effects of market volatility. Three such stocks are: The TJX Companies, Inc. (TJX - Free Report) , BankUnited, Inc. (BKU - Free Report) and BRP Inc. (DOO - Free Report) .
Concerns Grow Over Economy’s Health
Major indexes have given up gains over the past few weeks, as concerns grew over the economy’s health. Inflation has eased over the past year but remains high and far from the Federal Reserve’s 2% target. High inflation has also compelled the Federal Reserve to adopt a wait-and-watch policy.
The Federal Reserve paused its interest rate cuts this year and hasn’t given a clear picture of when it plans to resume its monetary easing policy. One of the major concerns over the last few months has been a shrinking job market.
Job openings fell by 358,000 in February. Layoffs jumped by 1.721 million. The job openings rate declined to 4.2% in February from 4.4% in January. Hiring contracted by 498,000 to 4.849 million in February. Also, the unemployment rate edged up to 4.4% in February from 4.3% in January.
Moreover, there are no clear signs of the Iran conflict ending anytime soon. Trump on Wednesday said that Iran’s top leadership has asked the United States for a ceasefire. However, Trump has also come up with his own set of conditions, including the opening of the Strait of Hormuz for U.S. oil carriers. Gasoline prices have shot up more than 50% since the beginning of the conflict on Feb. 28.
3 Stocks That Recently Announced Dividend Hikes
The TJX Companies
The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashions in the United States and worldwide. TJX’S broad range of assortments at varying prices helps it to reach out to a broad range of consumers. TJX carries a Zacks Rank #3 (Hold).
On March 30, The TJX Companies announced that its shareholders would receive a dividend of $0.48 a share on June 4. TJX has a dividend yield of 1.06%. Over the past five years, The TJX Companies has increased its dividend five times, and its payout ratio at present sits at 36% of earnings. Check The TJX Companies’dividend history here.
BankUnited, Inc.
BankUnited, Inc.’s primary banking markets are Florida and the Tri-State markets of New York, New Jersey and Connecticut. In Florida, BKU’s focus is on urban markets, including the Miami-Dade, Broward, Palm Beach, Tampa, Orlando and Jacksonville markets. BankUnited has also launched lending operations in Atlanta and Dallas. BKU has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
On March 26, BankUnited declared that its shareholders would receive a dividend of $0.33 a share on April 30. BKU has a dividend yield of 2.75%. Over the past five years, The BankUnited has increased its dividend five times, and its payout ratio at present sits at 35% of earnings. Check BankUnited’s dividend history here.
BRP Inc.
BRP Inc. designs, develops, manufactures and distributes recreational vehicles. DOO offers watercrafts, sport boats, snowmobiles, pontoons, marine propulsion systems and all-terrain and utility vehicles, as well as engines for karts, motorcycles and recreational aircraft. DOO sports a Zacks Rank #1.
On March 25, BRP announced that its shareholders would receive a dividend of $0.25 a share on April 24. DOO has a dividend yield of 0.87%. Over the past five years, BRP, Inc. has increased its dividend 12 times, and its payout ratio at present sits at 17% of earnings. Check BRP’s dividend history here.
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3 Stocks in Focus That Hiked Dividends Recently Amid Geopolitical Tensions
Key Takeaways
Wall Street remained volatile for most of the first quarter of 2026. Concerns over high inflation, a shrinking labor market, uncertainty in rate cuts, and geopolitical tensions rattled stocks.
Investor sentiment has remained low over the past few months as fears of the economy slipping into a recession continue to weigh on markets.
Given the uncertainty, which could keep markets volatile for a longer period, cautious investors looking for steady income and ways to protect their capital may consider holding or investing in dividend-paying stocks.
Such stocks provide steady earnings through regular dividend payouts and can help mitigate the effects of market volatility. Three such stocks are: The TJX Companies, Inc. (TJX - Free Report) , BankUnited, Inc. (BKU - Free Report) and BRP Inc. (DOO - Free Report) .
Concerns Grow Over Economy’s Health
Major indexes have given up gains over the past few weeks, as concerns grew over the economy’s health. Inflation has eased over the past year but remains high and far from the Federal Reserve’s 2% target. High inflation has also compelled the Federal Reserve to adopt a wait-and-watch policy.
The Federal Reserve paused its interest rate cuts this year and hasn’t given a clear picture of when it plans to resume its monetary easing policy. One of the major concerns over the last few months has been a shrinking job market.
Job openings fell by 358,000 in February. Layoffs jumped by 1.721 million. The job openings rate declined to 4.2% in February from 4.4% in January. Hiring contracted by 498,000 to 4.849 million in February. Also, the unemployment rate edged up to 4.4% in February from 4.3% in January.
Moreover, there are no clear signs of the Iran conflict ending anytime soon. Trump on Wednesday said that Iran’s top leadership has asked the United States for a ceasefire. However, Trump has also come up with his own set of conditions, including the opening of the Strait of Hormuz for U.S. oil carriers. Gasoline prices have shot up more than 50% since the beginning of the conflict on Feb. 28.
3 Stocks That Recently Announced Dividend Hikes
The TJX Companies
The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashions in the United States and worldwide. TJX’S broad range of assortments at varying prices helps it to reach out to a broad range of consumers. TJX carries a Zacks Rank #3 (Hold).
On March 30, The TJX Companies announced that its shareholders would receive a dividend of $0.48 a share on June 4. TJX has a dividend yield of 1.06%. Over the past five years, The TJX Companies has increased its dividend five times, and its payout ratio at present sits at 36% of earnings. Check The TJX Companies’dividend history here.
BankUnited, Inc.
BankUnited, Inc.’s primary banking markets are Florida and the Tri-State markets of New York, New Jersey and Connecticut. In Florida, BKU’s focus is on urban markets, including the Miami-Dade, Broward, Palm Beach, Tampa, Orlando and Jacksonville markets. BankUnited has also launched lending operations in Atlanta and Dallas. BKU has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
On March 26, BankUnited declared that its shareholders would receive a dividend of $0.33 a share on April 30. BKU has a dividend yield of 2.75%. Over the past five years, The BankUnited has increased its dividend five times, and its payout ratio at present sits at 35% of earnings. Check BankUnited’s dividend history here.
BRP Inc.
BRP Inc. designs, develops, manufactures and distributes recreational vehicles. DOO offers watercrafts, sport boats, snowmobiles, pontoons, marine propulsion systems and all-terrain and utility vehicles, as well as engines for karts, motorcycles and recreational aircraft. DOO sports a Zacks Rank #1.
On March 25, BRP announced that its shareholders would receive a dividend of $0.25 a share on April 24. DOO has a dividend yield of 0.87%. Over the past five years, BRP, Inc. has increased its dividend 12 times, and its payout ratio at present sits at 17% of earnings. Check BRP’s dividend history here.