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. Case 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: A Dividend-Growth Machine Investors in Medtronic (MDT) could be looking at an 18% dividend boost in June, or at least that’s what Barron’s recently predicted. It’s a sensible call after the company gave its shareholders Christmas in June last year, with a 25% raise. The stock currently yields 1.9%. Big... Read more