3 Stocks That Just Increased Their Dividends
If you're in the market for dividend stocks, put these three companies on your watchlist. Two well-known income stocks -- Philip Morris (NYSE: PM) and U.S. Bancorp (NYSE: USB) -- and one lesser-known small-cap -- Progress Software (NASDAQ: PRGS) -- just announced increases for their quarterly dividends.
Here's what investors should know about each of these companies' dividend increases.
Image source: Getty Images.
Source: Fool.com
Progress Software Stock
€53.50
0.940%
Progress Software is currently one of the favorites of our community with 10 Buy predictions and no Sell predictions.
As a result the target price of 60 € shows a slightly positive potential of 12.15% compared to the current price of 53.5 € for Progress Software.