2 Dividend Stocks That Just Raised Their Payouts by More Than 10%
If you're investing in dividend stocks, you should prioritize investments that increase their payouts. That way, the recurring dividend income you receive can potentially stay ahead of inflation.
A couple of companies that have boosted their dividend payments by more than 10% recently are UnitedHealth Group (NYSE: UNH) and Shell (NYSE: SHEL). Here's a closer look at why these two industry giants could potentially be great long-term buys for income investors.
On June 7, health insurer UnitedHealth Group announced that it would be increasing its dividend payment by 14%. This month, shareholders will receive a quarterly cash dividend of $1.88, which means the stock is yielding right around 1.6%, in line with the S 500 average.
Source Fool.com
UnitedHealth Group Inc. Stock
€482.50
0.770%
The stock is one of the favorites of our community with 33 Buy predictions and 1 Sell predictions.
As a result the target price of 543 € shows a slightly positive potential of 12.54% compared to the current price of 482.5 € for UnitedHealth Group Inc..
