Dividend Growth Investor: 25 Companies Rewarding Shareholders With Raises

Markets have been increasingly volatile since the start of the year. Tech stocks have fared worse, with many tech stocks trading in a range since last summer. As the tech rally slows down, so does the overall return in the stock market.

However, investors can still take advantage of income opportunities today. While tech stocks have gotten all the attention, that’s kept dividend-focused companies off the radar. And that makes for a better value for investors today.

A staggering 69 companies announced dividend increases in the past few weeks. However, only 25 of those companies have raised dividends for at least 10 consecutive years.

Yes, past performance is no indication of future performance. But, companies tend to stick with consistency when it comes to paying a dividend.

Among companies raising their dividends now include food giant Mondelez International (MDLZ). The international packaged food giant raised its payout by 12%. And shares have a current yield of just over 3%.

Several pharmaceutical companies have raised their dividends recently. That includes Ely Lilly (LLY), which raised its dividend by 15%, and raised its payout for the 60^th consecutive year. Lilly’s dividend is small at 0.8%, but long-term buyers will be rewarded with higher payouts over time.

While pharmaceutical companies have been out of favor with investors recently, they will cycle back in time.

To view the full list of companies that raised their dividends for at least 10 consecutive years, click here.