3 Great Income Stocks that Could Double their Dividends
When searching for income stocks, investors should always study their payout ratios -- the percentage of a company's earnings or free cash flow (FCF) that it spends on dividends. If those ratios exceed 100%, the dividend might not be sustainable.
On the other hand, when the ratio is low, it signals that a company can significantly boost its dividend. Today, we'll check out three solid income stocks which can easily afford to double their dividends over the long term.
Source: Getty.
Source: Fool.com
Apple Inc. Stock
€180.12
0.840%
Our community is currently high on Apple Inc. with 81 Buy predictions and 5 Sell predictions.
As a result the target price of 200 € shows a slightly positive potential of 11.04% compared to the current price of 180.12 € for Apple Inc..
