While it is rare for a dividend-paying stock to double in a single year, it can happen. According to data from finviz.com, 53 dividend-paying stocks that had market caps over $300 million doubled in value during 2016. In the list are a handful of large-cap companies, including graphic card designer NVIDIA, pipeline operator ONEOK, and the mining giant Vale.
That naturally leads to the question: Which dividend stocks could go on to double in 2017? While there's no way to know for sure, the group of hardest-hit dividend-paying stocks of 2016 is a fine place to hunt for ideas. Knowing that, here's why Abercrombie & Fitch (NYSE:ANF), Seaspan (NYSE:SSW), and GNC Holdings (NYSE:GNC) could go on to double in 2017.
Source: Motley Fool
Related Articles:
- Where To Find Great Dividend Stocks
- How To Manage Your Dividend Portfolio In A Downturn
- 5 Tech Stocks With A History of Growing Their Dividends
- 8 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
These Dividend Stocks Could Double in 2017
Posted by D4L | Saturday, January 14, 2017 | ArticleLinks | 1 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
Chasing growth is usually the right move for younger investors, but it can be a risky strategy for retirees. Generally speaking, retirees sh...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...

A couple doubling profits in your portfolio could be the boost you need in 2017. Now that would be a fantastic start to the year.