Looking for More Income? These Great Dividend Stocks Just Gave Their Investors Another Big Raise.
Many income-focused investors put too much emphasis on a stock's current yield. A better approach is to focus on a company's ability to increase its payout.
That's clear from the data. Over the last 50 years, dividend growers in the S 500 have delivered an average annual total return of 10.2%, according to data from Hartford Funds and Ned Davis Research. That compares to a 6.6% total annual return for companies with no change to their dividend policies.
ConocoPhillips (NYSE: COP), EOG Resources (NYSE: EOG), and (NYSE: MPLX) stand out for their ability to increase their dividends. The energy companies recently gave their investors another big raise and should have plenty of fuel to continue growing their payouts in the future.
Source Fool.com
MPLX L.P. Stock
With 16 Buy predictions and not the single Sell prediction the community is currently very high on MPLX L.P..
With a target price of 42 € there is potential for a 256.84% increase which would mean more than doubling the current price of 11.77 € for MPLX L.P..
