2 Dividend Raises That Can Boost Your Passive Income
It's hard to believe we're already in the fourth quarter of this year. As we cruise toward the end of 2022, we can expect many companies to declare dividend raises. That's because quite a few like to finish their years on a high note, and for income investors, what could be a sweeter high than a payout bump?
Some habitual shareholder remunerators are already getting the jump on this. Two major ones that have already declared their 2022 dividend raises are Microsoft (NASDAQ: MSFT) and Verizon Communications (NYSE: VZ).
Microsoft, still one of the ubiquitous brands in the tech sector, has been a reliably steady quarterly dividend payer for nearly 20 years. Happily for its investors, it also raises its payout once a year. This year's model is a 10% lift to $0.68 per share.
Source Fool.com
