Income investors have a lot of dividend-paying companies to choose from, but not just any dividend-paying stock is worth socking away in portfolios. Often, the best dividend-paying companies are those that have catalysts that are sparking revenue and profit growth that can fuel dividend increases in the future. We asked some of our top Motley Fool contributors to tell us their favorite growth dividend stocks to buy now, and here are the three they picked. Read on to find out if they're right for your portfolio...
Nike (NYSE:NKE) is not a name that typically comes to mind when thinking about the best dividend stocks. This is understandable, because the stock pays a modest dividend yield of only 1.1% at current prices. However, dividend growth can be even more important than yield when it comes to maximizing total returns, and Nike is remarkably well positioned for consistent dividend growth in the years ahead. Since going public in 2012, MPLX's (NYSE:MPLX) distribution has grown by a compound annual rate of 24%. Now that Gilead Sciences (NASDAQ:GILD) and its hepatitis C competitors have reported their first-quarter results, it may be the perfect time to step up and pick up shares in the biotech Goliath.
Source: Motley Fool
Related Articles:
- Dividend Stocks vs. a Safe Distribution Rate
- 12 Under-Valued Dividend Stocks
- Successful Investors Take The Emotion Out
- 7 Higher Yield Dividend Growth Stocks
- 8 Select High-Yield S&P 500 Dividend Stocks
3 Growth Dividend Stocks to Buy
Posted by D4L | Saturday, May 28, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In this article, we discuss 5 best consumer staples dividend stocks to buy now. If you want to read our detailed analysis of the consumer st...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
Dividend stocks cater to investors who want less volatility and stable cash flow. Some dividend stocks offer a combination of respectable yi...
-
I stumbled upon some data a few years back that has altered my investment philosophy. According to data by Ned Davis Research and Hartford F...
-
Following a strong year for the S&P 500 and huge gains for the tech-heavy Nasdaq Composite, it's a lot more difficult to find reason...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.