Stocks That Could Double Dividend Payouts

Although it may seem nearly impossible, there are still a few stocks that may have the capacity to double dividend payouts within three years. These companies have boosted their dividends at exceptional rates in the past, and, assuming that favorable market conditions persist, they will be able to continue to hike their payouts at similarly lush rates in the future.

The contenders to the title of companies capable of doubling their dividends within three years include management consulting and outsourcing firm Accenture (ACN), gold miner IAMGold (IAG), and rail transportation firm Union Pacific Corporation (UNP). Stocks of these companies have a high likelihood to outperform their peers featuring low or no dividend growth.

Source: Seeking Alpha

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