I don’t have a crystal ball, and I can’t say with 100% certainty which dividend stocks are going to grow their payout the fastest in the years ahead. But by looking at recent dividend growth history gives us a good starting point. So, today we’re going to take a look at seven stocks that I expect to double their dividends over the next three years. None are what I consider monster dividend yielders today, but all pay a respectable current dividend that promises to get a lot bigger in the years to come...
Take Citigroup Inc (NYSE:C), for example. Citi just doubled its dividend last month and raised its stock buyback plan to boot. Up next is fellow megabank Bank of America Corp (NYSE:BAC). BAC hiked its dividend by 60% in June after raising it by 50% last year. Well, credit card giant Capital One Financial Corp. (NYSE:COF) was something of an exception. I’ll now jump to an easy one, midstream pipeline giant Kinder Morgan Inc (NYSE:KMI). Energy Transfer Equity LP (NYSE:ETE) has a very good chance of doubling its distribution over the next three years. All of this is perfect for datacenter REIT (real estate investment trust) CoreSite Realty Corp (NYSE:COR). I’ll wrap this up with a fairly conservative stock you might not expect to see on a list of dividend stocks set to double their payout in three years: pharmacy chain CVS Health Corp (NYSE:CVS).
Source: InvestorPlace
Related Articles:
- Charlie Munger's 10 Rules for Investment Success
- Early Warning Signs of a Dividend Cut
- The Best Dividend Stocks In The World
- Never Fall In Love With A Stock
- My 4 Largest Dividend Growth Stock Positions Have Double-Digit Lifetime Returns
7 Dividend Stocks Whose Payouts Could Double in 3 Years
Posted by D4L | Tuesday, October 03, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
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...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.