Dividend Growth Investor: Fourteen Dividend Growth Stocks Raising Dividends Last Week
Stocks are trending back to all-time highs. Investors remain somewhat bullish, but even small market pullbacks can lead to a jump in fear. That’s why employing multiple investment strategies can prove beneficial for investors.
One strategy is to buy and hold companies with a history of growing their dividends. Dividends are cash payouts that go to shareholders. And studies show that dividend stocks can provide excellent returns over time. Even in a jittery market, many companies still increase their payouts.
For instance, consider the freight and logistics company Expeditors International of Washington (EXPD).
They just raised their dividend payout for the 29th consecutive year. And the payout increased by 5.8%, well above today’s level of inflation.
While the current yield is low at 1.2%, today’s buyers can get an increasing cash payout each year. And as that payout increases, it’s likely that earnings and the share price are trending higher too.
Another dividend growth company is ManpowerGroup (MAN). The staffing and employment services company raised its dividend by 4.8%. And it’s the 13th straight year of increased cash to investors.
At current prices, Manpower pays a 4% dividend. That’s far higher than the average stock. With continued dividend growth, could mean a far bigger payout well into the future.
To view the full list of companies that recently raised their dividends, click here.