5 Stocks That Have Doubled Their Dividend in the Last 7 Years to Buy in October
Dividend payments are portions of a company's profits distributed to shareholders, usually in cash on a quarterly or monthly basis. A dividend that's merely growing year-by-year is nice, but a dividend that's doubled since 2019 tells you something more specific: The business has been generating enough extra cash, year after year, to meaningfully raise what it hands back to shareholders, not just nudge it higher to keep a streak alive. The five consumer companies featured below have all cleared that bar, and each is doing something worth paying attention to right now. Image source: Getty Images. Continue reading