3 High-Yielding Dividend Growth Stocks That Have Increased Their Payouts by 50% in 5 Years
If you're investing in a dividend stock, there's more than just the yield and the payout ratio to consider. It's also important to look at dividend increases -- whether the company has been making them in the past and is likely to continue doing so in the future. That's because if dividend payments grow, you'll be collecting more income over the years -- and that can help to offset the impact of inflation.
Three great dividend growth stocks to consider owning right now are AbbVie (NYSE: ABBV), McDonald's (NYSE: MCD), and Comcast (NASDAQ: CMCSA).
Drugmaker AbbVie pays a relatively high dividend, which today yields around 4% annually. That's more than double the S 500 average of 1.6%. When including its time as a part of Abbott Laboratories (AbbVie spun off in 2013), it's technically a Dividend King, having increased its dividend payments for 50-plus years.
Source Fool.com
AbbVie Inc. Stock
With 32 Buy predictions and not a single Sell prediction AbbVie Inc. is an absolute favorite of our community.
With a target price of 180 € there is a slightly positive potential of 7.09% for AbbVie Inc. compared to the current price of 168.08 €.
