Stocks

Anticipating Dividend Growth: Spotlight on MSFT, VZ, and TXN

Published August 28, 2024

For investors who value steady income and growth, dividend growth stocks present an appealing opportunity. Dividend growth investing involves seeking out companies with a solid history of increasing their payouts to shareholders. This practice signals not only a company's profitability but also its commitment to sharing its success with its investors. Among the array of stocks that demonstrate this quality, three noteworthy companies are expected to continue their legacy of lifting their dividends this coming September: MSFT, VZ, and TXN, each with an established track record of rewarding shareholders for more than 15 consecutive years.

Microsoft Corporation MSFT

Microsoft Corporation MSFT, an American technology titan, is well revered for its vast array of products, from the ubiquitous Microsoft Windows operating systems and Microsoft Office suite to its line of Surface personal computers and Xbox gaming consoles. As of 2016, Microsoft was cited as the world's largest software maker by revenue and has consistently maintained a prominent spot amongst the top American corporations. The company's strong financial footing and its history of dividend increases lead investors to anticipate yet another hike in its upcoming September declaration.

Verizon Communications Inc. VZ

Verizon Communications Inc. VZ, a key player in the telecommunications space and a member of the Dow Jones Industrial Average, boasts a significant presence in the U.S. telecom sector. With its headquarters sitting in the heart of New York City, Verizon is known for its commitment to dividend growth, making it a candidate for investors looking to benefit from the company's potential payout increase.

Texas Instruments Incorporated TXN

Texas Instruments Incorporated TXN makes its mark on the technology landscape as a prominent semiconductor and integrated circuits manufacturer. With its presence felt across the globe, TI has secured its position within the top 10 semiconductor companies by sales volume. This Dallas-based giant has been consistently boosting its dividend, indicating that a bump in its September payout is a likely event on the horizon for its shareholders.

dividend, growth, stocks