3 Hot Stocks That Offer Great Dividends
Earnings season is winding down, and there was lots of good news as well as some surprises. Many retailers that benefited from last year's pandemic-related, sales spurt continued to see strong earnings -- much to the delight of their shareholders. Even better, some of these retailers are also managing to grow their dividends, making these shares even smarter buys.
Target (NYSE: TGT), Walmart (NYSE: WMT), and Starbucks (NASDAQ: SBUX) all posted great earnings recently and upped their dividends too. Let's see why this should cheer investors.
Mega-retailer Target continues to dominate the U.S. market, and the reason is not a mystery. It comes down to Target's three important strengths: omnichannel capabilities, a commitment to value, and creativity in the distribution process. And it's the way these three ingredients all work together that make the retail chain a force in shopping. It helped fuel a 12% increase in comparable-store sales, or comps, in the third quarter.
Source Fool.com