Benzinga - by Aaron Bry, Benzinga Editor.
Dividend stocks can be a great way for retail investors to grow a passive income while also building equity with their investments.
But what’s better than stocks with dividend payments? Stocks with growing dividend payments. Here are four stocks from CMG Venture Group that have increased their dividends the most throughout the last 10 years:
- Broadcom Inc (NASDAQ: AVGO): The San Jose, California-based semiconductor and software company has a market cap of nearly $400 billion. It currently pays investors a dividend yield of more than 2% and has seen its dividend grow by more than 40% throughout the last decade.
- Home Depot Inc (NYSE: HD): The Atlanta-based retailer is one of the largest hardware chains in the U.S. It sells building materials, paint, furniture and more. Home Depot’s stock pays a pretty decent dividend, nearly 3%, and has consistently raised its dividend yearly. So, if you’re bullish on the do-it-yourself space, this stock could be a great way to get exposure to some dividend payments.
- JPMorgan Chase & Co (NYSE: JPM): The New York-based financial firm is touted as the largest bank in the U.S. with a market cap of more than $400 billion. Right now, shareholders of JPMorgan Chase receive dividend payments of 2.83% a share, according to Benzinga Pro.
- Starbucks Corp (NASDAQ: SBUX): Want some help paying for your pumpkin spice lattes? Well, you could potentially make some extra money with Starbucks dividend payments. The Seattle-based company is currently offering dividends of around 2.5%, and like every other company on this list, Starbucks has raised its dividend each year throughout the last decade.
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