MORN

Mutual Funds and Annuities: Vanguard has announced a new line of target-date mutual funds that will allow investors to use retirement savings to purchase annuities, providing guaranteed income for life. These funds are expected to be available in 2026 and will be offered within defined-contribution plans like 401(k)s.

Investment Considerations: While annuities can offer a reliable income stream, potential investors should carefully evaluate their personal financial situations and consult with financial professionals before making decisions, as annuities come with fees, risks, and liquidity concerns.

Target-Date Funds Overview: Target-date funds are designed to automatically adjust asset allocations from stocks to bonds as retirement approaches, with the new annuity options allowing a portion of the investment to be converted into a guaranteed income stream starting at age 55.

Trade-offs of Annuities: Although annuities provide guaranteed income, they may limit liquidity and potential long-term returns compared to traditional investments in stocks and bonds, making it essential for investors to weigh the benefits against the costs and risks involved.

PotlatchDeltic Dividend Announcement: The board declared a quarterly distribution of $0.45 per share, payable on December 31, 2025, to stockholders of record on December 15, 2025.

Douglas Emmett Dividend Declaration: The Board announced a quarterly cash dividend of $0.19 per share, totaling $0.76 annually, to be paid on January 15, 2026, to shareholders of record as of December 31, 2025.

Progressive Dividend Declaration: On December 5, 2025, the Board declared an annual dividend of $13.50 per share and a quarterly dividend of $0.10 per share, both payable on January 8, 2026, to shareholders of record on January 2, 2026.

AES Quarterly Dividend: The Board declared a quarterly common stock dividend of $0.17595 per share, payable on February 13, 2026, to shareholders of record on January 30, 2026.