5 Blue Chip Stocks With Consistent Dividend Increases
Dividend stock have been performing well for the past few months, and that is likely to continue. Investor focus in high-yielding dividend stocks has caused them to run up, and in some cases, these stocks no longer offer as much value. However, there still appears to be plenty of opportunity in dividend stocks that might not have what is considered to be a high yield, but what they do have is a very consistent record of raising dividends. A stock that yields only 1 or 2% now might provide investors who buy now with a yield of 3 to 5% in just a few years, if dividends keep rising. A new report on CNBC states:
In the S&P 500, about 6 percent of companies have raised their dividends for at least 15 consecutive years or more, based on data gathered by CNBC Analytics and Capital IQ.
Companies that can raise... Read more