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3 Dividend Stocks That Have Doubled Their Payouts in 5 Years


Investing in dividend growth stocks can be a great way to see your recurring income increase over the years. But some dividend stocks only increase their payouts by 1% or 2% each year. And while they can technically call themselves dividend growth stocks, it's an underwhelming level of growth for many income investors -- in some years, that won't even cover inflation.

Three stocks that have been growing their payouts at a much more rapid pace include Amgen (NASDAQ: AMGN)Visa (NYSE: V), and The Home Depot (NYSE: HD). And what's encouraging is that these are income-generating investments that could continue to increase their payments in the years ahead. 

Image source: Getty Images.

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Source Fool.com

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