3 Dividend Stocks That Recently Raised Payouts More Than 10%
If you're buying stocks for their dividend payments, it's important to focus on companies that also increase those payments. This can enable you to earn rising dividend income that offsets the effects of inflation. While dividend payments and increases are never a guarantee, as long as the businesses you invest in remain strong, it can be highly likely that the payouts will rise over the years.Three dividend stocks that have already announced generous increases to their payouts this year are Walmart (NYSE: WMT), Thermo Fisher Scientific (NYSE: TMO), and Domino's Pizza (NASDAQ: DPZ). Here's a closer look at their yields, what their prospects are for rate increases in the future, and if they are good income investments to load up on right now.On Feb. 20, Walmart announced it was increasing its dividend for the 52nd straight year. Not only is the streak impressive, but the recent increase is also a significant 13% bump up for the Dividend King. Walmart has been doing well amid varying economic conditions as net sales for its recently finished fiscal year (it ended on Jan. 31) rose by 5% to $674.5 billion. Operating income of $29.3 billion also rose by around 9%.Continue reading
If you're buying stocks for their dividend payments, it's important to focus on companies that also increase those payments. This can enable you to earn rising dividend income that offsets the effects of inflation. While dividend payments and increases are never a guarantee, as long as the businesses you invest in remain strong, it can be highly likely that the payouts will rise over the years.
Three dividend stocks that have already announced generous increases to their payouts this year are Walmart (NYSE: WMT), Thermo Fisher Scientific (NYSE: TMO), and Domino's Pizza (NASDAQ: DPZ). Here's a closer look at their yields, what their prospects are for rate increases in the future, and if they are good income investments to load up on right now.
On Feb. 20, Walmart announced it was increasing its dividend for the 52nd straight year. Not only is the streak impressive, but the recent increase is also a significant 13% bump up for the Dividend King. Walmart has been doing well amid varying economic conditions as net sales for its recently finished fiscal year (it ended on Jan. 31) rose by 5% to $674.5 billion. Operating income of $29.3 billion also rose by around 9%.
