3 Dividend Stocks That Are Minting Money
The best predictor of a big dividend increase is robust earnings growth.
With that in mind, let's take a look at a few dividend payers -- Nucor (NYSE: NUE), Carnival (NYSE: CCL), and Waste Management (NYSE: WM) -- enjoying unusually strong profit growth right now that could fund sharp payout growth for shareholders in 2018 and beyond.
Nucor's profits are surging thanks mainly to a sharp rebound in steel prices. In fact, net earnings have more than doubled over the past six months to $680 million. The improvement has pushed the steel specialist's payout ratio back into comfortable territory, with the dividend taking up less than 50% of earnings.
Source: Fool.com
