This Phenomenal Dividend Growth Stock Just Increased Its Payout 16%
Dividend growth stocks are some of the best-performing in the stock market. These companies give investors a raise every year just for holding shares. And one company has been very generous in recent years, including a 16% bump for shareholders this month.
(NYSE: MA) just raised its quarterly dividend to $0.66 per share, payable to shareholders of record on Jan. 9, 2024. It's now paying double what it paid shareholders in 2019. And there's reason to think the fintech giant will continue to grow its payout at a similar pace for years to come.
Here's why dividend growth investors should consider adding Mastercard to their portfolio ahead of its next dividend payment.
Source Fool.com
Mastercard Inc. A Stock
€431.45
-0.100%
The stock is an absolute favorite of our community with 38 Buy predictions and no Sell predictions.
With a target price of 443 € there is a slightly positive potential of 2.68% for Mastercard Inc. A compared to the current price of 431.45 €.
