3 Wall Street Stock Giants Likely to Raise Dividends This Week

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After more than 10 years of low interest rates that have reversed significantly over the past two years, many investors continue to turn to stocks for growth potential and solid, reliable dividends. They help provide an income stream that equals total return, one of the most impactful investment strategies.

We always like to remind our readers about the impact of total return on portfolios, because it is one of the best ways to improve your chances of overall investment success. Again, total return is the total increase in the value of a stock plus dividends. For example, if you buy a stock for $20 that pays a 3% dividend and within a year it increases to $22, your total return is 13%. That is a 10% increase in the stock price and 3% in dividends paid.

Three Wall Street The favorites are expected to raise their dividends this week, so we dug through our 24/7 Wall St. research and found that all of them are rated Buy in some of the best companies on Wall Street. While it’s always possible that not all companies will raise their dividends, top analysts expect them to. Generally, the data is based on companies’ past increases in dividend payments. Plus, dividend investors will love this free report.

H&R Block

H&R Block operates approximately 12,000 tax offices worldwide staffed by tax specialists.

Preparation of tax return giant offers very solid value at current trading levels and looks poised to break out to a 52-week high. H&R Block Inc. (NYSE: HRB), through its subsidiaries, provides tax preparation assistance and do-it-yourself (DIY) tax preparation services and products to the general public, primarily in the United States, Canada, and Australia.

It offers tax return preparation assistance and related services through a system of retail offices operated directly by the company or its franchisees.

Business also provides:

• Refund transfers and the H&R Block Emerald Prepaid Mastercard, which allows customers to receive tax refunds
• Peace of Mind Extended Service Plans
• H&R Block Emerald Advance Credit Lines
• Tax Identity Shield, which provides customers with assistance in protecting their tax identity and access to services to help them restore their tax identity
• Repayment of advance loans
• H&R Block instant refund
• H&R Block Pay With Refund Services

In addition, offers financial solutions for small businesses through its offices, franchise branches and the Internet.

Shareholders They are currently receiving 2.24% of the profit. The company is expected to raise its dividend to $0.34 per share from $0.32.

Tapestry

Tapestry is an American multinational clothing company headquartered in New York City.

This retail idea offers serious potential for total return growth as a contrarian play. Tapestry Inc. (NYSE: TPR) provides luxury accessories and branded lifestyle products in the United States, Japan, China and internationally.

Business operates in three segments:

• Coach
• Kate Spade
• Stuart Weitzman

It offers women handbags and accessories such as:

• Small leather goods, including mini and micro handbags
• Parts of money
• Bracelets
• Bags
• Beauticians

It also offers decorative accessories including address books, time management and travel accessories, sketchbooks, folders, belts, key rings and pendants.

Business also offers products for men, including:

• Bag collections such as business bags, computer bags, messenger bags, backpacks and tote bags
• Small leather goods including wallets, card holders, travel organizers and belts
• Footwear
• Watches
• Smells
• Sunglasses
• New accessories
• Ready to wear products

In addition, also offers other products including women’s footwear and perfumes, prescription glasses and sunglasses, jewelry such as bracelets, necklaces, rings and earrings, watches, as well as other collections of seasonal women’s clothing including outerwear, ready-to-wear and cold-weather accessories such as gloves, scarves and hats.

In addition, The company provides baby products, housewares and home accessories, such as fashionable bedding and tableware, stationery and gifts. It offers its products through e-commerce sites, concession stores, wholesalers and third-party distributors under the Coach, Kate Spade and Stuart Weitzman brands.

Investors are They are currently receiving a very solid dividend yield of 3.66%. The company is expected to raise its dividend from $0.35 to $0.40.

Rubber

Winnebago Industries is an American company that manufactures motorhomes, a type of recreational vehicle, in the United States.

King Recreation Vehicle World now offers investors a very tempting entry point. Winnebago Industries Inc. (NYSE: WGO) manufactures and sells recreational vehicles and marine products primarily for use in leisure travel and outdoor recreation.

Business operates through three segments:

• Towed camper
• Camper
• Maritime

It provides towable products, meaning non-motorized vehicles that can be towed by passenger cars, pick-up trucks, SUVs or vans and that are used as temporary accommodations during recreational travel, such as traditional caravans, fifth wheel trailers, folding caravans and motorhomes under the Winnebago and Grand Design brands.

Business also offers campers, i.e. self-propelled mobile vehicles used primarily as temporary accommodation during holidays and camping trips or to support an active and mobile lifestyle, under the Winnebago and Newmar brands.

In addition, also offers other specialist commercial vehicles for:

• Law enforcement command centers
• Mobile medical clinics and
• Mobile office spaces
• Commercial vehicles in raw condition for modernization by third parties
• It manufactures and sells recreational boats under the Chris-Craft and Barletta brands.

In addition, the company manufactures original equipment for other manufacturers and commercial vehicles.

Shareholders They currently receive 2.21% of the profit. The company is expected to raise its dividend from $0.31 to $0.32 per share.

The three best companies, all rated Buy on Wall Street, are likely to raise their dividends to shareholders. Not only is it necessary to increase dividends and return capital to investors, but it also shows that the company is doing well and has the strength of earnings and cash flow to increase payouts.

Best Dividend Stocks to Buy Now with Over 10% Yield

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