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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Well-chosen dividend stocks are powerful wealth creators. They can add both growth and stability to your investment portfolio -- while putti...
-
High-yield stocks with low price-to-earnings ratios tend to do well over time. It’s also a good deal for investors when the earnings of the ...
-
Whenever a non-dividend-paying stock sets up a regular dividend policy, it is considered very, very good news. And that’s also why, whenever...
-
Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don't go up -- you ...
-
I have chosen five stocks selling with dividend yields of 6%+ and with low payout ratios. The dividends of these stocks represent just 50% o...
-
As time passes, fewer investors are familiar with Peter Lynch. That’s a shame. The famous former Fidelity fund manager delivered astounding ...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
Buying and holding high-quality dividend stocks is one of the best ways for any investor to consistently beat the market over the long term....
-
Q3 earnings season is almost upon us, as the big banks are set to officially kick-off the season in mid-October. Many investors are keeping ...
-
This LP currently offers a 9.5% distribution yield. It has reported a distribution coverage ratio of 2.0 but this metric has proved unreliab...
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.