2 Dividend Stocks That Have Increased Their Payouts by More Than 40% in Just 3 Years
Dividend growth stocks can make for attractive investments because the recurring income you receive has the potential to rise every year. But dividends are discretionary, and even if there is an increase, it may just be a nominal $0.02 hike -- especially if a company just wants to keep a streak going.
A couple of stocks that aren't Dividend Aristocrats but have still been generous with making dividend hikes are Humana (NYSE: HUM) and FedEx (NYSE: FDX). In just three years, they've increased their payouts by more than 40%.
Health insurance company Humana makes for a safe, steady investment to buy and hold. The nature of its business makes it a good pillar to build a portfolio around, as health insurance is always needed.
Source Fool.com
