3 Top Dividend Stocks That Recently Hiked Their Payouts
Dividend stocks can be excellent sources of recurring income for your portfolio. Stocks that increase their payouts over time can be even more valuable for long-term investors, as this income could rise in the years ahead.
Three stocks that recently boosted their dividend payments are Eli Lilly (NYSE: LLY), Mastercard (NYSE: MA), and Enbridge (NYSE: ENB). Here's a closer look at why these three can be excellent dividend stocks to buy and hold for the long haul.
Eli Lilly is known for being a solid growth stock, but investors shouldn't discount its potential to be a solid income-generating investment as well. Earlier this month, the company announced an impressive 15% increase in its dividend.
Source Fool.com
Mastercard Inc. A Stock
The stock is an absolute favorite of our community with 48 Buy predictions and no Sell predictions.
With a target price of 458 € there is a slightly positive potential of 8.03% for Mastercard Inc. A compared to the current price of 423.95 €.