What's even better than a company that pays big dividends? One that raises its payout on a fairly regular basis. The dividend growth rate shows investors how fast a stock's dividend is growing over a set period. IBD calculates the annualized growth rate over three to five years. The rate is published in each day's Dividend Leaders, Utility Leaders and REIT Leaders tables. Today we'll look at the six Dividend Leaders with the highest growth rates.
Cisco Systems (NASDAQ:CSCO) comes out on top with a dividend growth rate of 38%. Lorillard (NYSE:LO) is second with a 30% growth rate. Western Union's (NYSE:WU) 22% rate is just ahead of Lockheed Martin's () 21%. General Electric's (NYSE:GE) quarterly payout of 24 cents a share yields 3.4% based on its current stock price. The industrial conglomerate has a dividend growth rate of 18%. General Mills (NYSE:GIS) rounds out the top six with an 11% growth rate.
Source: Investors.com
Related Articles:
- Dividend Growth Stocks Are My Conviction
- All Investing Involves Risk
- 7 Dividend Stocks With Room To Increase Their Payout
- High-Quality, Low-Risk Dividend Stocks
- 10 Stocks
Building Wealth Through Higher Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
-
There’s a group of companies that have started catering specifically to retirees: monthly dividend stocks. Admittedly, the universe of month...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.