3 Dividend Stocks to Double Up on Right Now
Dividend stocks are an attractive option for many investors. In addition to capital appreciation, as these businesses grow and gain in value, they share their profits with shareholders via quarterly or sometimes monthly dividends. This can be especially attractive for those in or near retirement looking for additional income sources.
Let's look at three dividend stocks that have reliable and growing dividends but are still growing and increasing value for shareholders. Based on their track records and prospects, these stocks are worth doubling up on right now.
If asked to name a ubiquitous coffee chain, it's likely the answer would be (NASDAQ: SBUX). It's difficult to travel anywhere in the United States and not see one or more Starbucks locations, often with long lines of customers waiting to buy a variety of hot and cold coffee drinks.
Source Fool.com
Starbucks Corp. Stock
The stock is an absolute favorite of our community with 22 Buy predictions and no Sell predictions.
As a result the target price of 100 € shows a positive potential of 38.58% compared to the current price of 72.16 € for Starbucks Corp..