3 Dividend Stocks That Have Raised Their Payouts by More Than 10% This Year
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their Dividend payments, that can help offset the effects of inflation and allow you to grow your Dividend income without any additional effort on your part.
Three stocks that recently raised their payouts by more than 10% are Walt Disney (NYSE: DIS), Yum! Brands (NYSE: YUM), and American Express (NYSE: AXP). Here's a closer look at just how good these stocks are as dividend investments -- and whether you should expect more dividend increases from them in the future.
Entertainment and media giant Walt Disney reinstated its dividend this year. It suspended it during the height of the COVID-19 pandemic amid some incredibly challenging conditions for its business. But now the company behind Mickey Mouse and other iconic brands has gotten back to paying a dividend. And with some encouraging results of late, the company has also decided to give its dividend a big boost.
Source Fool.com
