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Dividend Dynamos: Top Picks for Reliable and Rising Shareholder Payouts
15 Jul
Summary
- Broadcom's AI revenue grew 220% last year to $12.2 billion
- Brookfield Renewable expects over 10% annual growth in funds from operations
- Realty Income has raised its dividend for 111 consecutive quarters
Several major companies are standing out for their impressive dividend performance and growth potential. Semiconductor and software giant Broadcom currently has a 0.9% dividend yield, but it has raised its payout in all 14 years since initiating a dividend in 2011, including an 11% hike last year. Broadcom's AI revenue surged 220% to $12.2 billion in the past year, indicating significant growth ahead.
Renewable energy leader Brookfield Renewable boasts a dividend yield over 4.5%, backed by stable and steadily growing cash flow. The company expects to boost its funds from operations per share by more than 10% annually, easily supporting plans to increase its dividend by 5-9% per year. Meanwhile, real estate investment trust Realty Income has raised its dividend 131 times since going public, including for 111 consecutive quarters.
These dividend dynamos demonstrate the ability to consistently grow shareholder payouts, making them compelling long-term investments.
