4 Stocks That Can Boost Your Passive Income With Increasing Dividend Payments Each Year For A Decade
Portfolio Pulse from Aaron Bry
CMG Venture Group has identified four stocks that have consistently increased their dividends over the last decade. These include Broadcom Inc (AVGO), Home Depot Inc (HD), JPMorgan Chase & Co (JPM), and Starbucks Corp (SBUX). All four companies offer dividend yields ranging from 2% to nearly 3%.
October 16, 2023 | 2:39 pm
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Broadcom Inc has seen its dividend grow by more than 40% throughout the last decade and currently offers a dividend yield of more than 2%.
The consistent increase in dividends over the past decade indicates a strong financial position and commitment to shareholder returns, which could attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Home Depot Inc pays a dividend yield of nearly 3% and has consistently raised its dividend yearly.
The consistent yearly increase in dividends indicates a strong financial position and commitment to shareholder returns, which could attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
JPMorgan Chase & Co offers dividend payments of 2.83% a share.
The high dividend yield indicates a strong financial position and commitment to shareholder returns, which could attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Starbucks Corp is currently offering dividends of around 2.5% and has raised its dividend each year throughout the last decade.
The consistent yearly increase in dividends indicates a strong financial position and commitment to shareholder returns, which could attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100