3 Dividend-Raising Income Stocks to Buy in December

Demitri Kalogeropoulos, The Motley Fool
·4-min read
3 Dividend-Raising Income Stocks to Buy in December

A dividend hike is also a useful sign for income investors, since it usually reflects expanding growth opportunities for the business, improving profitability, or both. With that in mind, let's look at three dividend stocks that raised their payouts in recent weeks: Nike (NYSE: NKE), McCormick (NYSE: MKC), and Costco Wholesale (NASDAQ: COST). Nike routinely announces its annual dividend increase in November, and this boost was its 19th consecutive hike.