3 Dividend Stocks That Could Raise Their Payouts in November
For long-term investors, dividend growth stocks can be key to unlocking great returns. Did you know that if a stock were to raise its dividend by 5% every year, your dividend income from it would double in 14 years?
Three stocks that last raised their payouts by more than 5% are (NYSE: NKE), Merck (NYSE: MRK), and Automatic Data Processing (NASDAQ: ADP). And they could once again increase their payouts this month.
Sports apparel and footwear company Nike pays a modest dividend which at the current share price yields 1.3%, slightly lower than the S 500 average of 1.7%. But, to its credit, the company has consistently boosted its payouts over the years.
Source Fool.com
Nike Inc. B Stock
€67.80
-0.860%
The stock is one of the favorites of our community with 61 Buy predictions and 2 Sell predictions.
With a target price of 110 € there is a hugely positive potential of 62.24% for Nike Inc. B compared to the current price of 67.8 €.
