There's Still Time For Investors to Jump on These 2 Dividend Raises From Blue Chip Stocks

One attractive feature of dividend increases is that they're usually announced well in advance of the day the enhanced payout is distributed. Savvy income investors, then, wisely keep track of companies making dividend payments to take early advantage of upcoming hikes.With that firmly in mind, here are a pair of dividend hikes from well-known blue chip stocks that investors can consider now. Read on for details about the recent bumps from defense industry mainstay Lockheed Martin (NYSE: LMT) and ubiquitous coffee slinger Starbucks (NASDAQ: SBUX).Of the two stocks, by far the more dramatic dividend raise belongs to Lockheed Martin. In mid-October, its board of directors authorized a 5% hike to the company's quarterly payout to $3.45 per share. The company wasn't shy to mention that this makes 2025 the 23rd year in a row it has hiked its payout. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool