Workflow
3 Promising Stocks With Newly Announced Dividend Hikes
FASTFastenal(FAST) InvestorPlace·2024-01-23 02:03

Last year was a good year for dividend investors. Some 850 companies announced they were raising their payout with the average increase exceeding 12%. Studies have found stocks that initiated and then raised their payouts handily outperformed non-dividend paying companies. J.P. Morgan Asset Management discovered that over the 40 years between 1972 and 2012, dividend-raisers returned an average of 9.5% annually versus just 1.6% non-dividend-paying stocks. This has led to some very promising stocks.Yet it was ...