I don’t have a crystal ball, and I can’t say with 100% certainty which dividend stocks are going to grow their payout the fastest in the years ahead. But by looking at recent dividend growth history gives us a good starting point. So, today we’re going to take a look at seven stocks that I expect to double their dividends over the next three years. None are what I consider monster dividend yielders today, but all pay a respectable current dividend that promises to get a lot bigger in the years to come...
Take Citigroup Inc (NYSE:C), for example. Citi just doubled its dividend last month and raised its stock buyback plan to boot. Up next is fellow megabank Bank of America Corp (NYSE:BAC). BAC hiked its dividend by 60% in June after raising it by 50% last year. Well, credit card giant Capital One Financial Corp. (NYSE:COF) was something of an exception. I’ll now jump to an easy one, midstream pipeline giant Kinder Morgan Inc (NYSE:KMI). Energy Transfer Equity LP (NYSE:ETE) has a very good chance of doubling its distribution over the next three years. All of this is perfect for datacenter REIT (real estate investment trust) CoreSite Realty Corp (NYSE:COR). I’ll wrap this up with a fairly conservative stock you might not expect to see on a list of dividend stocks set to double their payout in three years: pharmacy chain CVS Health Corp (NYSE:CVS).
Source: InvestorPlace
Related Articles:
- Charlie Munger's 10 Rules for Investment Success
- Early Warning Signs of a Dividend Cut
- The Best Dividend Stocks In The World
- Never Fall In Love With A Stock
- My 4 Largest Dividend Growth Stock Positions Have Double-Digit Lifetime Returns
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.