The stimulation controls are nice.
But regularly growth dividend checks are even better.
Companies that regularly increase their dividend payout have the opportunity to:
Protect investors from the ravages of inflation.
Provide an ever increasing revenue stream.
Outperform the stock market over the long term.
Let’s take a look at three stocks that have significantly increased their dividend payout in recent weeks.
One of them could be the next ever-growing income machine in your portfolio.
Topping our list is software giant Microsoft, which pumped its 11% quarterly dividend yesterday to 62 cents a share.
Microsoft’s board of directors also approved a new share buyback program allowing up to $ 60 billion in share buybacks.
The company’s shareholder-friendly returns on capital continue to be supported by a strong position in desktops (Windows and Office) and an ever-growing presence in public cloud computing (Azure), which translates into flows always healthy cash flow.
Over the past 12 months, Microsoft has generated a whopping $ 42.8 billion in free cash flow.
Microsoft stocks currently have a 0.8% dividend yield, which is not high. But given that giants like Alphabet and Amazon aren’t paying dividends yet, Microsoft could be a good way for low-risk investors to gain exposure to the cloud computing space, perhaps with a few coins.
Philip Morris International (PM)
With a quarterly dividend hike of nearly 2.6% last week, tobacco giant Philip Morris International is next on our list.
Cigarette maker Marlboro will now pay shareholders a quarterly dividend of $ 1.20 per share against the previous rate of $ 1.17 per share.
Philip Morris has increased its annual dividend every year since its IPO in 2008, representing a total increase of over 170%, or compound annual growth of 8%.
Although shares have risen 32% in the past year, there could be plenty of room to operate given the large-scale benefits of Philip Morris (it’s the largest publicly traded tobacco company in the world. world) and brand awareness. And with management’s ambitious goal of generating more than half of its revenue from non-cigarette products by 2025, the company is expected to experience strong growth in the years to come.
Philip Morris shares currently offer an attractive dividend yield of 4.7%.
Verizon Communications (VZ)
Rounding out our list is telecommunications giant Verizon, which increased its quarterly dividend to 64 cents per share, the 15th consecutive year the company has approved a quarterly dividend increase.
“We continue to deliver value to our shareholders while executing our versatile network strategy and increasing our bottom line,” said Chairman and CEO Hans Vestberg.
Verizon shares are down about 12% from their 52-week highs set in November, but now may be the time for income investors to take a closer look.
Verizon’s long-term investment record continues to be supported by significant scale advantages (largest customer base in the US), industry-leading profitability and favorable winds of wireless growth always attractive.
In the last quarter, Verizon’s wireless services revenue improved 6% from a year ago to $ 16.9 billion.
Verizon currently has a dividend yield of 4.7%.
Rising rental income, are you tempted?
There you have it: three attractive dividend growths to consider over the long term.
While the skyrocketing even stocks are in the news today, creating a steadily growing income stream should be the first task of conservative investors.
Of course, you don’t have to limit yourself to the stock market to do this.
For example, this investment service helps secure a stable rental income stream by investing in high-end real estate properties, from commercial developments in Los Angeles to residential buildings in New York.
You’ll be exposed to high-end properties that big real estate moguls typically have access to, and you’ll receive regular payouts in the form of quarterly dividend distributions.
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.