Dividends4Life: Get A 10% Raise Each Year With These 5 Stocks

Get A 10% Raise Each Year With These 5 Stocks

Posted by D4L | Monday, October 20, 2014 | | 0 comments »

Wouldn't it be great if every year of your working life you received a salary increase of greater than 10%? Considering that the average yearly raise is closer to the inflation rate of about 3%, a 10% increase would be highly unusual on any given year, but to receive such a large increase every year of your working life would be truly incredible. Yet with the right investment strategy, it should be possible to achieve increases in dividend income each year of 10% per year every year. This is an approach suitable for retirement accounts or any other long-term investing account.

All five of these stocks were deemed to pass the criteria for reliability in that each stock increased the dividend each year, including in the Great Recession years: NextEra Energy, Inc. (NEE), The Procter & Gamble Company (PG), Waste Management, Inc. (WM), Colgate-Palmolive Co. (CL) and Omega Healthcare Investors Inc. (OHI).

Source: Seeking Alpha

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