Three Stocks Ready to Lift Their Dividends
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 9.1%
Revenue Growth %: -0.8%
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Below we highlight three stocks that are set to raise their dividends over the near term. The stocks could be great places for investors to hide given the recent market downdraft.
Altria Group (NYSE: MO) - Cigarette-maker Altria usually raises its dividend in September. Currently yielding 3.8%, an expected 8% dividend hike could get the yield up to 4.1%.
Harris Corp. (NYSE: HRS)- Communications equipment company Harris also has a history of raising its dividend in September. Currently yielding 2.3%, another 12% dividend hike could get the yield to 2.6%.
Brinker International (NYSE: EAT) - Casual dining company Brinker is also expected to raise its divided in September. Currently yielding 2%, a potential 20% hike could push the yield up to 2.5%.
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