ROP - 3 Dividend Stocks That Have Hiked Their Payouts by 10% or More This Year
2023-12-06 05:10:00 ET
If you're looking for dividend stocks, consider companies that have raised their payouts in the past. Otherwise, your real dividend income may diminish over the years, due to inflation. And if a company is increasing its dividend, that's generally a positive sign that the business is growing and doing well.
Three stocks that recently announced dividend increases (of at least 10%) are McDonald's (NYSE: MCD) , Roper Technologies (NASDAQ: ROP) , and General Motors (NYSE: GM) . Not all of them are high-yielding stocks, but they can be promising income investments to hold for the long term.
Fast-food giant McDonald's has been a top dividend stock to own for years. It has regularly increased its payouts, and generous rate hikes are no surprise to its seasoned shareholders.
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3 Dividend Stocks That Have Hiked Their Payouts by 10% or More This Year