One of the only things better than getting paid a decent dividend for for taking the risks associated with investing is seeing that dividend increasing. A regularly rising dividend is a signal from a company's management that it believes that over time, it can continue to share the fruit of its labors with its investors, while still continuing to pay its employees, suppliers, and creditors. Because dividends are never guaranteed payments, companies that can repeatedly boost their payouts are truly special businesses indeed.

With that in mind, three Motley Fool contributors went searching for stocks with decent histories of dividend increases that look capable of continuing to do so in 2024. They picked Altria (NYSE: MO), Raytheon Technologies (NYSE: RTX), and Enbridge (NYSE: ENB). Read on to find out why, and decide for yourself whether any of them may deserve a spot in your income-focused portfolio.

Image source: Getty Images

Continue reading

Source Fool.com