2 Top Dividend Stocks That Just Hiked Their Payouts by 10% or More
Whether you're a retiree or just someone who doesn't want to watch stocks all day, a good dividend stock can be a great investment. Money keeps flowing into your portfolio, and you can use that extra cash however you want. But you don't want to settle for any dividend stock. Instead, you should target companies that plan to increase their dividend payments over time.
Amgen (NASDAQ: AMGN) and Bank of Montreal (NYSE: BMO) are two solid dividend growth stocks to consider. And when they announced rate increases recently, they proved generous, bumping their payouts up by double digits. What's great is that there could be even more dividend increases from these two companies in the future.
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Source Fool.com