2 Dividend Increases to Look Out For in 2023
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After all, such uncertainty looms following a spike in inflation and rapid increases in interest rates from the Federal Reserve.
This is one reason why some investors may be considering strong dividend-paying stocks as potential investment options today. While quality dividend stocks may fluctuate in price, their payouts to shareholders often persist. Even more, dividend stocks regularly increase their payouts. This income stream helps offset some of the pain of stock price volatility during uncertain times.
Two compelling dividend stocks likely to announce meaningful increases to their quarterly payments in 2023 are Texas Instruments (NASDAQ: TXN) and Vail Resorts (NYSE: MTN). Here's a closer look at what to expect from these companies, as well as why their stocks may be worth a spot on your watch list.
Source Fool.com