3 Dividend Stocks That Are Likely to Raise Their Payouts in April
Dividend growth stocks often follow predictable patterns of when their next increases will take place. As long as their financials remain strong and there's room for a Dividend hike, odds are that a business will increase its payout at around the same time as it did the year before.
Based on when they last raised their dividend payments, three stocks that are likely to announce dividend hikes next month include Costco Wholesale (NASDAQ: COST), Johnson Johnson (NYSE: JNJ), and Procter Gamble (NYSE: PG). Let's take a closer look at their track records and whether these are good dividend stocks to buy today.
Big-box retailer Costco doesn't offer investors the biggest yield at 0.6%, but it makes for an underrated dividend investment. That's because it occasionally surprises investors with a special dividend. Last year, it announced a $15 per share special dividend. That's massive when you consider that on an annual basis its regular dividend pays just $4.08 per share.
Source Fool.com
