We cover Six HUGE dividend increases announced during the week of January 30, 2023!
Why do dividends matter? Dividends are one of the best passive income sources. Dividend investing increases your passive income, as you reach financial freedom!
2023 is off to a roaring start in the stock market, as the S&P 500 is up almost 10% already in 2023.
However, that is not hte only thing that is on fire with the stock market, dividend investing has been en fuego lately. Dividend increases have been more than plentiful, as a few industries are event making record profit, like the oil industry.
Therefore, as dividend investors pursuing financial freedom, by using dividend income as the main source of passive income - these dividend increases are key.
We have 6 nice dividend increases, to which all have been increasing their dividend for years, many of which we hold in our dividend stock portfolios!
Here is a small re-cap: 1.) Church & Dwight (CHD): 3.8% Increase 2.) Cigna (CI): 10% Increase 3.) Gilead Sciences (GILD): 2.7% Increase 4.) CME Group (CME): 10% Increase 5.) Shell (SHEL): 15% Increase 6.) United Parcel Service (UPS): 6.6% Increase
How many dividend stocks on the list do you own? Are you buying dividend stocks in 2023? Are you still fearing a recession and inflation? Would love to hear your feedback.
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