3 Great Dividend Stocks Whose Payouts Could Double
Strong dividend yields are nice. A stock dividend that doesn't even keep pace with inflation isn't much use. But just as important (if not more important) to income-minded investors is a stock's dividend payout growth rate. The longer the intended holding period, the more that consistent growth matters.
To this end, here's a look at three stocks that not only sport healthy dividend yields but are ramping up their payouts at a surprisingly brisk pace. If you're willing and able to hold them long enough, you may even see your per-share payouts double their current levels.
Dividend yield: 2.2%
5-year dividend growth rate: 20%
Source Fool.com
