Often, investors focus too much on a stock's yield instead of the reasons behind the yield. In the case of (NASDAQ: AAPL), its yield is low because its stock price has outpaced its dividend raises.

Air Products and Chemicals (NYSE: APD) and MSC Industrial Direct (NYSE: MSM) both yield over 3% and have rich histories of raising their dividends over time. But both stocks have underperformed the S 500 over the past five years.

Here's why we should see record-high payouts from all three companies this year and why each business has what it takes to continue rewarding shareholders in the future.

Continue reading

Source Fool.com