3 Dividend Growth Stocks That Raised Their Payouts by 400%-Plus in 10 Years

A dividend yield offers some insight into how a stock will perform. However, investors who rely solely on the yield to determine a stock's worthiness for investment can miss out on some great dividend growth stocks that might have better long-term potential to generate returns. Lower-yield stocks that aggressively increase their payouts year after year offer opportunities as well. That's why closer looks are so important in investing.

In fact, some stocks with fast-growing payouts might just make for a better investment opportunity than a Dividend King with a 50-plus-year streak of raised payouts, especially if those payouts are only minimally increased each year.

Three stocks that have more than quintupled their dividend payouts over the past 10 years include UnitedHealth Group (NYSE: UNH), Broadcom (NASDAQ: AVGO), and Dick's Sporting Goods (NYSE: DKS). Let's take that all-important closer look to see why these three dividend growth stocks are worth consideration.

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Source Fool.com