While finding stocks that are boosting dividends is good, it is even better when their dividend yields are already higher than the market. Generally speaking, many consider the S&P 500 Index to be “the market."
The S&P 500 has a dividend yield of just under 1.3%. Below are four stocks that already had a dividend yield above 1.3% and recently announced dividend raises that help extend this lead even further. All dividend yield and other metrics use data as of the Mar. 28 close unless otherwise indicated.
