SO - 2 High-Yielding Dividend Stocks That Just Boosted Their Payouts
2023-04-27 05:31:00 ET
If earning dividend income is a priority for you, it's important to focus on quality stocks that offer above-average yields and that also regularly increase their payouts. That way, you can ensure you're collecting a good yield today and that it's likely to rise in the future, giving you an incentive to buy and hold.
Two stocks that fit both criteria and that increased their dividend payments this month are Johnson & Johnson (NYSE: JNJ) and Southern Company (NYSE: SO) . Let's find out a bit more about these two high-yielding dividend stocks.
On April 18, healthcare company Johnson & Johnson announced it was going to increase its dividend payment by 5.3%. The increase will boost its quarterly per-share dividend up to $1.19. At its current share price of around $164, that puts its yield at right around 2.9%, more than a full percentage point better than the S&P 500 average of 1.7%.
For further details see:
2 High-Yielding Dividend Stocks That Just Boosted Their Payouts