Passive Income Investors: These 2 Stocks Just Raised Their Dividends
Those who like the idea of passive income find dividend stocks attractive. Many companies pay dividends to their shareholders, and they give investors a chance to get some current income while also having the potential to see the value of their stock go up over time if the company's business performs well.
In a tough economic environment, many companies are struggling. That makes it all the more impressive when stronger businesses are able to increase their dividend payouts to shareholders. In the past week, a couple of high-profile companies rewarded their shareholders with higher dividends, and both of them have attractive prospects to keep growing in the future as well. Read on to find out more about these two dividend stocks and how they could enjoy further gains.
Mastercard (NYSE: MA) is one of the world's biggest electronic payment network providers, with its credit and debit card products accepted across the globe. On Tuesday, Mastercard announced that it would boost its quarterly payout by 16%, declaring a dividend of $0.57 per share that will go out to shareholders on Feb. 9, 2023.
Source Fool.com
