While shareholders often welcome dividend increases of any size, the bigger the boost, the bigger the impact. Typically, dividend boosts in a single period don’t extend much higher than 20%. However, that’s not the case for the three names discussed below.
They just announced huge increases of 33% or more, demonstrating their commitment to returning increasingly higher amounts of capital to shareholders. Let’s dive into the three stocks that are lifting their dividends by some of the highest percentages investors will encounter. All data is as of the August 8 close.
