3 Stocks to Buy for Big Summer Dividend Hikes

The dog days of summer are here, and you may be tempted to put your portfolio on autopilot and check out for the next three months. That would be a big mistake, though, because you could miss out on some of the year’s biggest dividend hikes.

ase in point: the four companies below, all of which are getting set to juice their payouts this summer—but I only see three as buys right now: Medtronic PLC (MDT) could be looking at an 18% dividend boost, UnitedHealth Group Inc (UNH) could deliver an even bigger dividend hike — 33%, FedEx Corporation (FDX) sports a dividend yield that’s much lower than that of UnitedHealth and Altria Group Inc (MO) will keep its sales, profits and dividends rising.

Source: InvestorPlace

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