3 Top Dividend Stocks That Hiked Their Payouts in May

Are you looking for a solid dividend stock you can hang on to for years? One factor that you shouldn't overlook when picking an income investment is whether a company raises its dividend payments. Without regular increases, inflation will chip away at the distributions over time.

Three dividend growth stocks with strong track records that you should consider for your portfolio today are Cardinal Health (NYSE: CAH), Telus (NYSE: TU), and PepsiCo (NASDAQ: PEP). All three raised their payouts last month and future rate hikes are likely. 

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Source Fool.com