3 Great Income Stocks that Could Double their Dividends
When searching for income stocks, investors should always study their payout ratios -- the percentage of a company's earnings or free cash flow (FCF) that it spends on dividends. If those ratios exceed 100%, the dividend might not be sustainable.
On the other hand, when the ratio is low, it signals that a company can significantly boost its dividend. Today, we'll check out three solid income stocks which can easily afford to double their dividends over the long term.
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Source: Fool.com