Dividends4Life: Dividend Stocks Hitting the Double Bonus

Dividend Stocks Hitting the Double Bonus

Posted by D4L | Sunday, August 18, 2013 | | 0 comments »

Our quest for finding solid dividend-paying stocks for our retirement portfolios isn’t quite never-ending, but it’ll always be a work in progress. It’s great when we managed to find income stocks that improve their payouts every year … but it’s even better when those upgrades come in double-digit swaths. And it’s also one heck of a bonus when such a dividend hero can also provide us with double-digit share appreciation on top of that regular cash.

Today, we’re looking at three stocks that have provided this “double bonus,” experiencing hikes to both their dividend and their share price by at least 10% each: Don’t let this dull name fool you: ADP (ADP) is a winner on every level for your retirement portfolio every year. It’s been a very nice one-year run for candy maker Hershey (HSY), culminating in a sweet 15.5% dividend increase to 48.5 cents just last week, Hershey’s’ 18th consecutive annual improvement to its payout. It’s been quite a ride for Wells Fargo (WFC) since it took a $25 billion bailout from the U.S. Government back in 2008 as part of the Trouble Asset Relief Program.

Source: Investor Place

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