3 Good-Yielding Stocks That Have Raised Payouts By At Least 6% A Year For The Last 5 Years
I have searched for highly profitable companies that pay rich dividends and have raised their payouts at a high rate for the last five years. Companies that regularly increase dividends are generally more stable. Increasing dividends is the assurance that dividend income retains its purchasing power over time. Those stocks would also have to show a very low debt and strong earnings growth prospects. I have elaborated a screening method, which shows stock candidates following these lines. Nonetheless, the screening method should only serve as a basis for further research. All the data for this article were taken from Yahoo Finance and finviz.com. The screen's formula requires all stocks to comply with all following demands: The forward dividend yield is greater than 2.10%. The payout ratio is less than 35%. The annual rate of dividend growth over the past five years is greater than 6%. Last dividend declared is greater... Read more