Beating the Market: Dependable Dividend Increasers

Investors looking to capitalize on the stock market’s current volatility may want to consider investing in dependable dividend increasers. CNBC Pro recently screened for stocks that have a track record of increasing their dividends, have a dividend yield of 2% or more, and are outperforming the S&P 500.

The analysis revealed several names that fit these criteria, including AT&T Inc., Chevron Corporation, and ExxonMobil Corporation. All three companies offer investors attractive yields above 4%, with AT&T offering an especially generous 6%. What’s more, all three companies have consistently raised their dividends over time – even during periods when other stocks were struggling – making them reliable sources of income for long-term investors.

In addition to providing steady returns through rising payouts and high yields relative to peers in their sector, all three stocks are also beating the S&P 500 year-to-date by wide margins: as of this writing, they had gained 8%, 11%, and 14%, respectively, since January 1st, 2020 while the benchmark index was down 0%. This makes them compelling investments for those seeking outperformance from quality names with strong fundamentals underpinning them.

Overall then these dependable dividend increasers appear well positioned right now both from an income perspective as well as capital appreciation potential – two factors that should make them appealing choices for many investors at present times.