Three Stocks with Dividend Growth Potential for Income Investors
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Target (TGT) is a retailer with potential for dividend growth given its 52-year history of dividend increases and recent earnings beat.
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Realty Income (O) is a REIT with a 26-year history of dividend increases every quarter, a conservative payout ratio, and a resilient property portfolio.
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Kinder Morgan (KMI) has telegraphed a likely small dividend increase in 2024 based on expected growth in distributable cash flow.
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The article recommends looking into buying these stocks now before the next ex-dividend date to get the dividends.
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Target, Realty Income, and Kinder Morgan offer dividend income and growth potential that could boost returns for investors.