Is 2024 the year of the dividend increase?

Key PointsLennar, Plains All American Pipeline, TD Synnex and Alamo Group raised dividends at double-digit rates in early January.Analysts like Morgan Stanley say a challenging stock market in 2024 could result in investors toward income-producing equities.Companies with recent dividend increases are often rewarded by institutional investors.5 stocks we like better than Alamo GroupIf you’ve been around while, you might remember the old commercial slogan for Almond Joy and Mounds candy bars: “Sometimes you f ...