3 Stocks to Buy for Big Summer Dividend Hikes
May 29, 2016 at 06:00 AM EDT
The dog days of summer are here, and you may be tempted to put your portfolio on autopilot and check out for the next three months . That would be a big mistake, though, because you could miss out on some of the year’s biggest dividend hikes. Case in point: the four companies below, all of which are getting set to juice their payouts this summer—but I only see three as buys right now. Medtronic: A Dividend-Growth Machine Investors in Medtronic (MDT) could be looking at an 18% dividend boost in June, or at least that’s what Barron’s recently predicted. It’s a sensible call after the company gave its shareholders Christmas in June last year, with a 25% raise. The stock currently yields 1.9%. Big... Read more