3 Dividend Stocks to Buy Before Their August Payout Raise
Dividend hikes are positive signals for investors, and not just because they promise an imminent income boost. Companies that raise their payouts are often flush with cash and enjoying improving growth opportunities that can deliver market-thumping returns to shareholders.
Not all dividend hikes are notable for these reasons, as most simply reflect modest gains in core operating metrics. But the August raises from Kroger (NYSE: KR), Levi Strauss (NYSE: LEVI), and Darden Restaurants (NYSE: DRI) reflect a more fundamental change in these businesses. Let's look at why you might want to buy these stocks before their dividends head higher in a few weeks.
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Source Fool.com