3 Great Dividend Stocks Whose Payouts Could Double
Imagine if your paycheck doubled. Probably few of us have ever suddenly experienced this with our jobs, but it’s something dividend investors can enjoy. If that intrigues you, read on to see why Wingstop (NASDAQ: WING), SS&C Technologies (NASDAQ: SSNC), and Domino’s Pizza (NYSE: DPZ) are three top dividend stocks that can double their payouts.
However, a word at the outset: These are all low-yield dividend stocks. A dividend yield is how much a dividend pays annually relative to your investment. Let’s say you invest $100 and get four quarterly dividend payments of $0.25. The dividend yield in this scenario is 1%. Generally speaking, anything less than 2% is considered low yield.
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