As many of you know, each month I dedicate an article to informing you about stocks that are poised to put more cash in stockholders’ pockets. #-ad_banner-#I scan the market for noteworthy special distributions on the horizon, as well as potential dividend hikes on the way over the next four to six weeks. I give special attention to outsized double-digit increases and reliable dividend-payers that have been steadily growing payouts for a decade or more. I flag these stocks before the official announcements are made, not after, giving you a head-start. (And my High-Yield Investing readers get an even bigger… Read More
As many of you know, each month I dedicate an article to informing you about stocks that are poised to put more cash in stockholders’ pockets. #-ad_banner-#I scan the market for noteworthy special distributions on the horizon, as well as potential dividend hikes on the way over the next four to six weeks. I give special attention to outsized double-digit increases and reliable dividend-payers that have been steadily growing payouts for a decade or more. I flag these stocks before the official announcements are made, not after, giving you a head-start. (And my High-Yield Investing readers get an even bigger lead on this information, as you hopefully understand.) If you read last month’s article, then you know our track record on predicting these dividend increases is pretty good — and so are the subsequent gains posted by the stocks we’ve covered. So you’ll want to pay particular attention to this month’s candidates. Here they are… 1. Discover Financial (NYSE: DFS) — This credit-card issuer doesn’t just offer cash back to cardholders — but investors, too. Over the past two years, per-share quarterly distributions have marched from $0.30 to $0.35 to $0.40 — an increase of 33%. Annual step-ups have been… Read More