Up 4%, 10%, and 25% in 3 Months, These 3 Dow Jones Dividend Growth Stocks Are Buys in December
Wednesday, Dec 18, 2024 6:01 am ET
As the year comes to a close, investors are looking for opportunities to boost their portfolios. Three Dow Jones dividend growth stocks have caught the eye of analysts and investors alike, with impressive stock price increases of 4%, 10%, and 25% over the past three months. These stocks, Coca-Cola (KO), Procter & Gamble (PG), and Johnson & Johnson (JNJ), have demonstrated strong financial performance and dividend growth strategies that have attracted income-oriented investors.

Coca-Cola, with a 58-year streak of dividend increases, has a current yield of 3.1%. Procter & Gamble, with a 65-year streak, offers a 2.6% yield. Johnson & Johnson, with a 59-year streak, provides a 2.7% yield. These consistent dividend increases, coupled with strong earnings growth, have driven up stock prices and attracted investors seeking stable income.
The recent performance of these stocks can be attributed to a combination of factors. Firstly, strong corporate earnings have contributed to the overall bull market, driving up stock prices. Secondly, the stocks' dividend growth history and stability have likely attracted income-oriented investors, particularly in a low-interest-rate environment. Lastly, the stocks' exposure to sectors with strong fundamentals, such as technology and healthcare, has likely contributed to their performance.
Analysts expect these dividend growth stocks to continue their upward trajectory in the coming months. With strong earnings reports and dividend growth strategies, these stocks are poised to deliver solid returns for investors. As the year comes to a close, these three Dow Jones dividend growth stocks are strong buys for investors looking to boost their portfolios.
In conclusion, the impressive stock price increases of Coca-Cola, Procter & Gamble, and Johnson & Johnson over the past three months are a testament to their strong financial performance and dividend growth strategies. With a combination of factors driving their recent performance, these stocks are well-positioned to continue their upward trajectory in the coming months. As the year comes to a close, these three Dow Jones dividend growth stocks are strong buys for investors seeking stable income and solid returns.
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