5 Stocks Raising Dividends While Being Bought Up by the Smart Money
If you’re looking for sources of dividend income, this list may give you some interesting ideas for your search. We ran a screen on dividend stocks that have seen at least a 15% increase in dividend per share, comparing the trailing-twelve-month figure to the current year estimate. These stocks pay at least a dividend yield above 2%, with a sustainable payout ratio below 35%. From this universe, we then searched for those that have also seen significant net buying from institutional investors (i.e. the “smart money”) over the current quarter. Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over... Read more