Looking beyond the familiar dividend stocks in the auto industry like Ford F and General Motors GM, whose attractive yields are encouraging but payouts do not appear too sustainable amid macro-economic headwinds, we focus on four stocks with strong dividend growth history. Although these stocks do not necessarily have the highest yields, they have an impressive dividend track record. Based on the stocks’ prospects, their payout appears affordable and safe. Notably, each of the stocks has announced dividend hikes in this month...
Penske Automotive Group PAG: On Feb 12, the firm raised quarterly cash dividend to 42 cents a share. This marked the 35th straight quarter of dividend hike, underscoring the company’s commitment of returning capital to its shareholders. Group 1 Automotive, Inc. GPI: On Feb 18, Group 1 raised fourth-quarter 2019 dividend by 3.4% sequentially to 30 cents a share. Genuine Parts Company GPC: On Feb 18, Genuine Parts Company raised its 2020 dividend by 4%. Importantly, the auto parts company has paid dividend every year since its IPO in 1948. Lear Corporation LEA: On Feb 6, Lear hiked quarterly payout to 77 cents from 75 cents, marking the ninth consecutive annual dividend increase by the company.
Source: Yahoo Finance
Related Articles:
- 4 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
- 5 Blue Chip Dividend Stocks For When the Chips Are Down
- 6 Dividend Stocks With A Good Yield And Growth Balance
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
Looking back on the year, it has been quite remarkable. The coronavirus has wreaked havoc on people's health and caused governments to i...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
To find these best dividend stocks for their portfolio, investors must look beyond the main performance metrics when conducting their stock ...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
Dividend growth stocks can make for the best investments. The best ones are sometimes companies that might not pay the highest yields, but h...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.