The importance of dividend-paying stocks cannot be overstated. The S&P 500 increased by $193,630 in value including dividends from 1970 to 2021. Dividend stocks have outperformed the market by an annualized average of 0.80 percent since 1960. Dividend-yielding stocks appeal to investors because of their attractive returns and the possibility of establishing a consistent income stream. Since 1926, dividends have accounted for nearly a third of the entire return on the S&P 500. In financially difficult times, Microsoft Corporation, Mastercard Incorporated, and Merck & Co., Inc. can be strong investment possibilities.
Insider Monkey looks at the 10 stocks with over 10 years of dividend increases. QualCOMM Incorporated is a major technology business that creates technology for mobile phones and wireless devices. The company is ranked 10th on the list of stocks that have increased their dividend for more than ten years. Goldman Sachs raised its shares from Sell to Neutral in July, with a price target of $148. Union Pacific Corporation is ranked 9th on the list of stocks that have increased their dividend for more than ten years. Rick Paterson of Loop Capital has upgraded Union Pacific Corporation shares from Hold to Buy, with a $269 price objective on the stock. Activision Blizzard, Inc. is a firm that provides communication services. Content for video game consoles, desktops, and mobile platforms is produced by the company. It is ranked 8th on the list of stocks that have increased their dividend for more than ten years. Berenberg boosted its price estimate on the company’s stock to $110 in July. NIKE, Inc. is ranked 7th on the list of stocks that have increased their dividend for more than ten years. Converse, Chuck Tayler, All Star, and Jordan are some of the most well-known athletic footwear and apparel brands in the world. Merck & Co. is ranked 6th on the list of stocks that have increased their dividend for more than ten years. AstraZeneca PLC, Bayer AG, and Ridgeback Biotherapeutics are among the companies with which the company is partnering. For more details, click 10 Stocks With Over 10 Years of Dividend Increases.
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