2 Dividend Giants to Buy Before Their Next Payout Hike
For some dividend stocks, it's never a question of whether investors will get an annual payout raise. The mystery instead revolves around the size of the yearly income boost.
Dividend Aristocrats have increased their commitments for at least 25 consecutive years, and Dividend Kings boast 50 years of consecutive increases. Those mutli-decade track records essentially remove the risk of a surprise cut so that investors can count on steady growth through a wide range of selling conditions.
With that in mind, let's look at why you might want to buy two members of these exclusive dividend clubs, PepsiCo (NASDAQ: PEP) and Procter & Gamble (NYSE: PG), before their latest hikes impact portfolios over the next few weeks.
Source Fool.com
