Dividend Growth Investor: Twelve Dividend Growth Stocks Rewarding Shareholders With Raises

Dividend-focused investing tends to filter out considerable market noise from growth stories. Growth stocks are rapidly repricing for a slowing economy. That’s made dividend stocks relatively better performers this year.

That’s a trend likely to continue. It will best continue with dividend growth stocks. These are companies that reward shareholders with annual dividend increases. Recently, a dozen such companies have raised their payouts. With market uncertainty still high, that bodes well for long-term buyers now.

One such example of a dividend growth company now is Crown Castle (CCI). The company operates and leases cell towers and fiber solutions.

CCI operates as a real estate investment trust (REIT). So they pay out 90 percent of their earnings to shareholders. And thanks to automatic price increase clauses in contracts, those earnings are expected to grow.

The company just raised its dividend by 6.5 percent, to $1.565 per share quarterly. The company has been raising its dividends since 2014.

Over the past 5 years, the annualized growth rate of the dividend has hit 8.7 percent. That’s a higher growth rate than inflation over same time, even with today’s high rates.

For investors focused on growing cash payouts, dividend growth companies offer better prices amid this latest bear market. While there’s no certainty when this bear market will end, dividend growth companies will keep delivering increasing piles of cash.

To read the full list of 12 companies raising dividends now, click here.