Five growth companies are about to hike their dividends. Let’s front run these payout moves.
Many vanilla income investors miss these stocks because their current yields are modest. These armchair analysts are missing a critical point. These stock prices climb with each and every hike thanks to a phenomenon known as the “dividend magnet.”
Consider tech giant Microsoft (MSFT). Sure, Microsoft’s 18-year-old payout isn’t exactly old compared to fellow Dow components like Coca-Cola (KO) and Procter & Gamble (PG), which have been writing dividend checks since the 1800s, but it’s awfully long in the tooth for a member of the technology sector.… Read more
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