2 Monster Dividend Growers to Buy Without Hesitation
Dividend growth is one of the easiest paths to wealth building. If you buy a high-quality business, hold it for the long term, and watch its Dividend per share compound year after year, you can end up with a giant income stream when you retire. All you need is some patience.
For example, since the 1990s 's dividend per share has grown by 4,480%. This means if you bought the stock at a 1% dividend yield 30 years ago, today you would be getting an annual yield of 45.8% on your cost basis. Not a terrible outcome when all you have to do is buy and hold for the long term.
Two stocks with the potential to greatly increase their dividend payouts are Ally Financial (NYSE: ALLY) and American Express (NYSE: AXP). Here's why now is the time to snap up some shares for your retirement account.
Source Fool.com
PepsiCo Inc. Stock
The stock is an absolute favorite of our community with 22 Buy predictions and no Sell predictions.
With a target price of 174 € there is a slightly positive potential of 10.17% for PepsiCo Inc. compared to the current price of 157.94 €.
