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Got $100? Here Are 3 Top Dividend Growth Stocks to Jump-Start Your Portfolio

David Jagielski, The Motley Fool
·5-min read
Got $100? Here Are 3 Top Dividend Growth Stocks to Jump-Start Your Portfolio

Drugmaker Bristol Myers Squibb increased its dividend payments for the 12th straight year in 2020. Its quarterly dividend of $0.49 is 8.9% higher than the $0.45 the company was paying out a year earlier. Going back five years to 2016, Bristol Myers Squibb was paying its shareholders $0.38 per quarter, meaning the company has increased the dividend by 29% since then, averaging a compounded annual growth rate (CAGR) of 5.2%.

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