PRIMECAP Management's top dividend stocks (August 2025) include Dow Inc (DOW), a global materials science company focused on packaging, infrastructure, and consumer applications.

PRIMECAP Management is an independent investment advisory firm based in Pasadena, California, known for managing equity portfolios for institutional clients and mutual funds. The firm's investment approach typically emphasizes a long-term, fundamental perspective focused on identifying value in specific companies.

Dow Inc (DOW)

Dow Inc. is a leading materials science company that develops and manufactures a wide range of products for various industries, including packaging, infrastructure, and consumer goods. Their portfolio spans performance materials, industrial intermediates, and coatings.

This position represents a current value of $29.74 million in PRIMECAP Management's portfolio. Investors can note its trailing twelve-month dividend rate stands at $2.80, translating to a robust dividend yield of approximately 11.0%. Furthermore, analysts project a price target of $31.00 for Dow, and its discounted cash flow valuation is estimated at $83.73.
Here's an overview of PRIMECAP Management's trades in Dow Inc:

Tronox Holdings plc (TROX)

Tronox Holdings plc is a global leader in the production and marketing of titanium dioxide (TiO2) pigments, a crucial ingredient in paints, plastics, and paper. The company operates mines and processing facilities worldwide, supplying a diverse customer base.

PRIMECAP Management holds a current portfolio position in Tronox Holdings plc valued at $4.64 million. The company currently offers a dividend yield of around 8.6%, with its TTM dividend rate at $0.50. An analyst price target for Tronox is set at $8.33, and the stock's discounted cash flow value is calculated at $11.69.
Here's an overview of PRIMECAP Management's trades in Tronox Holdings plc:

Whirlpool Corp. (WHR)

Whirlpool Corp. is a multinational manufacturer and marketer of home appliances, with a portfolio of well-known brands including Whirlpool, KitchenAid, Maytag, and JennAir. They produce a wide range of major appliances for both residential and commercial use.

PRIMECAP Management's current position in Whirlpool Corp. is valued at $383.61 million, making it a significant holding. Shareholders benefit from a trailing twelve-month dividend rate of $7.00, which provides a current dividend yield of approximately 7.0%. Based on discounted cash flow, Whirlpool is valued at $116.50.
Here's an overview of PRIMECAP Management's trades in Whirlpool Corp.:

Altria Group Inc. (MO)

Altria Group Inc. is one of the world's largest producers and marketers of tobacco, cigarettes, and related products, primarily serving the U.S. market. Their portfolio includes iconic brands like Marlboro, and they also have investments in wine and other consumer products.

The current value of PRIMECAP Management's holding in Altria Group Inc. stands at $23.38 million. This stock features a TTM dividend rate of $4.08, delivering a dividend yield of roughly 6.8%. Analysts have assigned a price target of $53.00 for Altria, while its discounted cash flow value comes in at $69.20.
Here's an overview of PRIMECAP Management's trades in Altria Group Inc.:

United Parcel Service, Inc. (UPS)

United Parcel Service, Inc. (UPS) is a global leader in logistics, offering a comprehensive suite of services including package delivery, freight forwarding, and supply chain solutions. The company operates one of the world's largest air cargo airlines and package delivery fleets.

PRIMECAP Management holds a current position in United Parcel Service, Inc. valued at $198.65 million. The company's dividend yield is approximately 6.3%, supported by a trailing twelve-month dividend rate of $6.54. The stock has an analyst price target of $65.67, with a discounted cash flow valuation estimated at $138.88.
Here's an overview of PRIMECAP Management's trades in United Parcel Service, Inc.: