2 Stocks Ready for Dividend Hikes in 2024

The markets have started 2024 with a bang, with the S&P 500 up 23% over the last 12 months and hitting several new highs this year. Some may be wondering which stocks they can be confident will grow in value in the new bull market.

Investors can almost never go wrong putting money to work in companies with long records of increasing their dividend. These are usually strong businesses that are very profitable and have a loyal legion of customers that make repeat purchases.

If you're looking for more income, here are two incredibly strong companies that have a long record of growing their dividend every year and will most likely continue that streak in 2024.

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Source Fool.com