Three dividend stocks that beat inflation and promise long-term growth
Investors will get the latest inflation data today thanks to the PCE (Personal Consumption Expenditures) index. Inflation reached 2.5% in August, meaning prices rose by that amount year-on-year. Although many consumers, especially those with low and middle incomes, are still feeling the effects of inflation, for dividend-focused investors, the current rate of inflation is an opportunity to find investments that outperform inflation.
In this article, we look at three companies that are not only increasing their dividends, but doing so much faster than inflation is rising.
Hershey $HSY
Sweet returns for investors - One company worth paying attention to is Hershey, known for its candy. In 2024, Hershey increased its dividend by 15%, from $1.19 to $1.37 per share. This means that even when inflation was over 9%, Hershey was rewarding investors with a yield that beat inflation.
Even though Hershey's stock price has only risen 4.3% in 2024, it is still down 6.3% over the past 12 months.…
$UNH is a great company. I have their stock in my portfolio and they are doing well. The stock has been rising for a long time, so a great stock for me.