3 Stocks with Increased Dividend Payments

3 Dividend Stocks That Recently Raised Their Payouts

Investing in dividend stocks that consistently raise their payouts can be a smart move for income investors. When a company increases its dividend, it signals financial strength and commitment to shareholders. Recently, three well-known companies announced dividend increases: Realty Income (NYSE: O), Target (NYSE: TGT), and FedEx (NYSE: FDX). Let’s take a closer look at each of these dividend stocks and why they could be worth considering for your portfolio.

  1. Realty Income:
    Realty Income, a real estate investment trust (REIT), stands out for its monthly dividend payments and diversified portfolio of tenants across various industries. The company recently announced yet another dividend increase, from $0.2625 to $0.2630, marking a 16% increase from five years ago. With a current yield of 5.9%, Realty Income offers a more attractive yield compared to the S&P 500 average of around 1.3%. Despite the potential impact of interest rate changes on the stock, Realty Income remains a top dividend stock for income investors.

  2. Target:
    Target, a Dividend King with 53 consecutive years of dividend increases, raised its payout by 1.8% to $1.12 per quarter. This represents a 70% increase from five years ago, showcasing the company’s commitment to rewarding shareholders. Despite a modest stock performance this year, Target’s solid dividend yield of 3.2% and strong position in the retail industry make it a solid income-generating stock for long-term investors.

  3. FedEx:
    Logistics giant FedEx saw the largest dividend increase on our list, with a 10% raise to $5.52 annually. Over the past five years, FedEx has more than doubled its dividend payments. While the stock’s current yield of 2.2% may be lower than others, the company’s growth potential and attractive valuation make it an intriguing choice for both dividend and growth-oriented investors.
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In conclusion, investing in companies that prioritize dividend growth can provide a steady income stream and potential capital appreciation. By staying informed about dividend increases and financial health, investors can make informed decisions to build a resilient and profitable portfolio. Stay tuned to Extreme Investor Network for more investment insights and opportunities to grow your wealth.