3 stocks that have recently increased their dividends
Recent dividend increases by some companies have reignited investor confidence at a time when global markets are experiencing volatility and uncertainty related to economic developments and global events such as the US presidential election. Dividend increases usually signal a company's sound financial condition and commitment to long-term investors. Dividend stocks are often attractive to investors because they offer stable income even in turbulent periods.
Let's take a look at three companies that have decided to reward their shareholders with increased dividends, sending a clear signal of their financial stability and long-term plans.
Kimco Realty Corp.
Kimco Realty Corp. $KIM is one of the largest owners and operators of high-quality, open-air, food-oriented shopping centers and mixed-use properties in the U.S. As of September 30, Kimco owned interests in 567 properties that collectively occupy over 101 million square feet of leasable space.
On Oct. 31, the company announced a dividend…