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
7 Dividend Stocks Whose Payouts Could Double in 3 Years
Posted by D4L | Tuesday, October 03, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareho...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Investors looking for the best dividend stocks for 2021 and beyond should take a closer look at the stocks with the longest histories of ann...
-
Some investors — usually referred to as income investors — specifically set out to buy securities that pay them even before stock price appr...
-
Are you looking for a great dividend stock to add to your portfolio? There are many options out there, but the reality is that many just don...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
This stock yields 7.07% and pays monthly. It's selling at a -6.4% discount to NAV - much deeper than its three- and five-year average di...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.