Dividend stocks can set you up for life. But, making the right choice will determine whether you enjoy a steady income or receive the same dividend amount year after year.
Passive income investors must always look out for dividend growth. This will show the percentage by which your income will increase each year. Companies could be paying dividends for years, but it is time to move on if you do not see growth. I’ve picked 4 dividend stocks under $50 that keep raising payouts. Let’s take a look at them.
This post originally appeared at 24/7 Wall St.