Heading into 2023, the S&P 500 stocks averaged 6,5% dividend growth over the previous five years. In Q1 2023, the average dividend growth of the index was 10.07%, the fourth consecutive quarter in double digits.
“Dividend payments continued at record levels and are expected to continue to do so for 2023. However, the size of the increases have declined and are expected to remain modest for the year as concerns over decreased consumer spending and an economic slowdown have increased,” said Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices.
I’ve been tasked with coming up with three S&P 500 stocks with high dividend growth. Here are my choices.
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