4 Stocks That Have Declared Dividend Hikes Amid Market Volatility

From Nasdaq: 2024-11-21 10:39:00

Post-election Wall Street rally halts as investors reassess economy and Fed’s rate cuts. Markets turn volatile, pulling back from record highs. Inflation rises in October, with CPI up 2.6% year over year. Cautious investors turn to dividend-paying stocks like CHDN, LZB, MKC, and AIZ for steady income and capital protection.

CHDN announces $0.41 dividend per share on Jan. 3, 2025, with a 0.28% yield. LZB declares $0.22 dividend on Dec. 16, 2024, with a 1.89% yield. MKC announces $0.45 dividend on Jan. 13, 2025, with a 2.23% yield. AIZ declares $0.80 dividend on Dec. 30, 2024, with a 1.31% yield. All companies have increased dividends multiple times in the past five years.

Assurant, Inc. (AIZ) is a global risk management provider in housing and lifestyle markets, offering a $0.80 dividend per share on Dec. 30, 2024, with a 1.31% yield. AIZ has increased dividends six times in the last five years. This company is highlighted as a top stock pick with explosive upside potential in the coming months.



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