2 Dividend Stocks That Doubled Their Payouts in 5 Years
Dividend stocks can be worth investing in, even if they don't offer big yields. That's particularly the case when it comes to companies that regularly raise their payouts. Although your initial yield may be low, you can be collecting much more in dividends over the years if you invest in Dividend growth stocks.
A couple of impressive dividend growth stocks are Zoetis (NYSE: ZTS) and Mastercard (NYSE: MA). Both companies doubled their quarterly dividend payments in the past five years.
Zoetis is a healthcare company that makes vaccines and medication for livestock and companion animals. It's a good type of business to invest in since demand for the types of products it makes is likely to remain strong as the population expands and the need to care for livestock and companion animals increases as well.
Source Fool.com
Zoetis Inc. A Stock
With 26 Buy predictions and 1 Sell predictions Zoetis Inc. A is one of the favorites of our community.
As a result the target price of 198 € shows a slightly positive potential of 18.85% compared to the current price of 166.6 € for Zoetis Inc. A.
