Dividend hikes and cuts for Week 21, 2025

Medtronic’s 48-Year Dividend Streak and Xerox’s Massive Cut

For week 21 of 2025, the dividend landscape delivered some of the most impactful moves investors must not ignore. Xerox Corp XRX 0.00%↑ , a major force in document technology, stunned the market by slashing its dividend for the second time this year—bringing total cuts to a jaw-dropping 90% in 2025.

This drastic move signals serious operational challenges and sends a clear warning to income-focused investors.

On the other side of the spectrum, Nicolet Bankshares Inc NIC 0.00%↑ , a robust regional bank with strong fundamentals, led the pack with a commanding 14.3% dividend increase, a clear demonstration of its confidence and solid financial health.