A company that pays a meager dividend does not need to exert much effort to double its payout in a short amount of time. What is much harder to accomplish is delivering significant income growth from the higher base of an already attractive payout. That said, it is not impossible to find these rare gems. In fact, I have uncovered three companies that clearly have the capacity to double their generous dividends over the next few years.
Natural gas pipeline giant Kinder Morgan (NYSE:KMI) currently pays investors a decent 2.4% yield, which is well above the market's average rate of 2%. Midstream general partner Williams Companies (NYSE:WMB) chose to reduce its dividend so it could redirect that cash toward growth projects. Canadian oil pipeline giant Enbridge (NYSE:ENB) does not offer investors the same catalyst of a potential 100% dividend increase as soon as 2018. Instead, what the company does provide is a higher yield now, lately around 3.7%, with the likelihood of double-digit annual increases for the next several years.
Source: Motley Fool
Related Articles:
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Here's an eye-opening statistic: older Americans are more afraid of running out of money than of death itself. And unfortunately, even r...
-
Today, we’ll look at three high-yield dividend stocks that have earned a ‘perfect 10’ from the Smart Score. For investors seeking a clear fo...
-
How do you assess risk? Different investors have different approaches, and when a Black Swan event topples the market, risk assessment becom...
-
Master limited partnerships (MLPs) have fallen out of favor with investors in recent years, thanks to a combination of continued turbulence ...
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
With the price of oil rebounding, I wanted to find five cheap energy stocks that have solid dividend yields. In other words, the dividends a...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
This article deals with a sensitive subject - prisons, more precisely, US prisons. Regardless of which side of the argument one takes, sadly...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.