Dividend stocks with growing payouts can be some of the best income investments to hold for the long term. Over time, with regular dividend hikes, even a yield that is modest when you buy the stock can become more impressive. But to capitalize on that, investors have to remain patient.
Over the past five years, Anthem (NYSE: ANTM) , Microsoft (NASDAQ: MSFT) , and Enbridge (NYSE: ENB) have increased their dividend payments by more than 40%. And what's exciting is that there's still room for those payouts to climb even higher.
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3 Dividend Stocks That Have Raised Their Payouts by More Than 40% in 5 Years