What’s better than getting a big dividend from an S&P 500 stock? Getting an even larger one.
And that’s possible to find in the S&P 500 as many companies are hiking dividends again — including some with high dividend yields already. In fact, eight S&P 500 companies already yielding 4.5% or more including consumer staple Altria Group (MO) plus energy firms like Kinder Morgan (KMI) and Williams (WMB), this year announced dividend hikes, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.
Such companies continue to