Stocks That Doubled Their Dividends in the Past Year

Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with a steadily rising income stream that essentially equates to a raise every year. And well, who doesn't like a raise?

With that in mind, here are five stocks that have grown their dividends by 100% or more over the past year: Southwest Airlines (NYSE: LUV), PotashCorp (NYSE: POT), Cisco Systems (NASDAQ: CSCO), Discover Financial Services (NYSE: DFS) and Ford (NYSE: F). Had you invested in these companies a year ago, you would have enjoyed total dividend increases ranging from 100% to almost 200%. That level of growth would provide a substantial boost to just about any investor's dividend income.

Source: Motley Fool

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