Dividend Increases Should Come Soon for These 3 Stocks
Dividend stocks give shareholders the best of both worlds. Not only can you receive regular income quarter after quarter, but you can also enjoy the benefits of share-price growth when the companies you invest in perform well fundamentally.
There's an elite group of dividend stocks that have built up long track records of delivering dividend increases year in and year out. Among them, some stocks are quite predictable about when during the year they're most likely to announce a new dividend hike. Today, we'll look more closely at Coca-Cola (NYSE: KO), Kimberly-Clark (NYSE: KMB), and Walmart (NYSE: WMT) to see why you can expect to see some dividend action in the near future.
Coca-Cola has one of the most impressive dividend growth streaks in the market, with annual increases dating back for 57 straight years. The beverage giant's stock currently yields 2.9%, with its most recent dividend increase having come in March 2019 and amounting to an almost 3% rise over its previous payout. Investors now receive $0.40 per share each quarter.
Source Fool.com