5 Stocks That Recently Increased Their Dividend

Dec. 05, 2023 9:42 AM ET, , , , 1 Comment

Summary

  • Dividend growth stocks consistently increase their dividend year after year with a 5-year growth rate of 10% or more.
  • Companies must generate strong free cash flow to sustain dividend growth.
  • All 5 of these stocks have recently increased their dividend, with the largest increase being as high as 25%.
  • Looking for a helping hand in the market? Members of iREIT® on Alpha get exclusive ideas and guidance to navigate any climate. Learn More »

Woman putting coin in the jar with plant

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When it comes to investing, one of my favorite types of stocks to invest in are those that increase their dividend on a regular basis, particularly dividend growth stocks.

I consider a stock to be a dividend growth stock

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This article was written by

10.32K Followers

Mark Roussin is an active Certified Public Accountant (CPA) in the state of California. Mark has worked as a CPA, serving both public and private Real Estate corporations for over 10 years. Today, he provides his followers insights to both undervalued dividend stocks mixed with high-growth opportunities with a goal of them reaching financial freedom in the long-term. Mark tends to invest primarily in dividend stocks with a strong emphasis on Real Estate Investment Trusts (REITs).

Mark has partnered with iREIT®+HOYA Capital, one of Seeking Alpha's top investing groups for income-minded investors, providing daily in-depth REIT research. The service boasts a community of like minded investors and offers access to iREIT's various portfolios that can be tracked in real-time. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ABBV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclosure: This article is intended to provide information to interested parties. I have no knowledge of your individual goals as an investor, and I ask that you complete your own due diligence before purchasing any stocks mentioned or recommended.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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