3 Great Dividend Stocks That Could Double Their Payments

inding a company that's capable of doubling its dividend in short order is sometimes just as good, if not better, than finding a solid high-yield dividend payer. A company paying less than 2% today could yield 3% to 4% on your original basis in a few years, and potentially more in the future. Companies with strong cash flow and low payout ratios are prime candidates to double their dividends. In this article we'll examine three companies that fit the bill...

Apple (NASDAQ:AAPL) has more cash than it (or anyone else) knows what to do with. With a net cash -- cash minus debt -- position of $153 billion, Apple plans to pay out another $29 billion in dividends by March 2018. Starbucks (NASDAQ:SBUX) is still opening new stores at a breakneck pace, expecting to open 1,800 more this year alone. It already has 23,921 stores worldwide, but comparable-store sales continue to climb, up 6% globally last quarter. Walt Disney (NYSE:DIS) investors received not one but two dividend increases last year after the media company switched to semi-annual payments from its usual single payment at the end of the year. But the growth isn't over yet.

Source: Motley Fool

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