2 Stocks Could Double Dividend Payouts Within 3 Years
By Dividendinvestr:A very small group of stocks has grown dividends at exceptionally robust rates that make it possible for these companies to double dividend payouts within three years. Strong dividend growth is a result of vibrant earnings and free cash flow growth. Given that the following two companies are expected to produce solid earnings growth in the next half decade, they have a possibility to outperform their peers featuring low or no dividend growth.Herbalife (HLF) is a $5.6 billion company selling weight management, nutritional supplement, energy, sports and fitness, and personal care products. Herbalife is also a multi-level marketing company. It pays a dividend yield of 2.6% on a payout ratio of 34%. Herbalife's main competitors Shaklee Corporation and Alticor Inc. are privately held. The company has tripled its dividend since 2008. On average, the company's dividend increased at 34.5% per year over the past five years. Earlier this year,Complete Story »
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