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
Dividend Growth Stocks News
- The Smartest High-Yielding Dividend Stocks in the S&P 500 Index to Buy With $3,000 Right Now - Yahoo Finance - 5/18/2025
- 10 Unstoppable Dividend Stocks to Buy Now - Insider Monkey - 5/19/2025
- 3 Middle Eastern Dividend Stocks To Consider With Up To 7.0% Yield - Yahoo - 5/19/2025
- European Dividend Stocks To Consider Now - Yahoo Finance - 5/15/2025
- PepsiCo, Inc. (PEP): One of the Best High-Yield Dividend Stocks for 2025 and Beyond - Yahoo Finance - 5/10/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
- Abbott Laboratories (ABT) Dividend Stock Analysis - 4/18/2025
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)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.