Dividend Growth Investor: Six Dividend Stocks Increasing Dividends Last Week

Markets are near all-time highs. But the market is also rotating. Tech stocks are no longer leading returns higher. Other parts of the market are starting to show strength.

With interest rates on the path to decline, investors have an opportunity, especially with income-producing stocks. That’s because their yields will look increasingly attractive as bond yields fall. Investors who allocate some capital to dividend growth stocks may get the best returns over the next 12 months.

That’s because a dividend-paying company tends to show that a firm is profitable. And increased dividends reflect management’s confidence about the company’s operations. That can be true across a number of sectors.

For instance, fast food chain McDonald’s (MCD) just raised its quarterly dividend by 6%. It now pays a 2.2% dividend, and has raised that payout for 48 consecutive years.

Fast food sales have struggled in recent years amid a resurgence in inflation. But McDonald’s has successfully managed to boost sales with some new deals.

Another dividend growth opportunity now is with automation and aerospace giant Honeywell (HON). They just increased their quarterly dividends by 4.6%.

Honeywell shares also pay a 2.2% current yield, but they have raised their dividend payout for 14 consecutive years.

While not as exciting as tech companies, dividend growth players continue to create slow-and-steady returns. Over time, that can create tremendous wealth

To view the full list of companies raising their dividend payouts now, click here.