After years of low interest rates, which are now trending higher, many investors have turned to equities, not only for the growth potential, but also for the strong and reliable dividends that help provide a flow of income. This equates to total return, which is one of the most powerful investment strategies. As interest rates rise, these companies still make sense for investors looking for strong growth and income potential.
We like to remind our readers of the impact of total return on portfolios because it’s one of the best ways to improve the odds of overall investment success. Again, total return is the combined increase in a stock’s value and dividends. For example, if you buy a stock at $20 that pays a dividend of 3% and it goes up to $22 per year, your total return is 13%. Or 10% for the increase in the share price and 3% for the dividends paid.
Five Wall Street favorite large-cap companies are set to increase their dividends this week. We sifted through our search universe 24/7 on Wall St. and found that they all ranked Buy at some of the best companies on Wall Street. While it’s always possible that all five won’t increase their dividends, top analysts expect them to, usually based on past increases in the company’s dividend payouts.
It is important to remember that no single analyst report should be used as the sole basis for any buy or sell decision.
This company will likely weather a recession very well and posted bumper profits last month. Ashland Global Holdings Inc. (NYSE: ASH) supplies additives and specialty ingredients worldwide. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceuticals.
Its Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers and tablet binders; nutritional solutions, such as thickeners, stabilizers, emulsifiers and additives; and nutraceutical solutions including products for weight management, joint comfort, stomach and intestinal health, sports nutrition and general wellness, as well as custom formulation, custom treatment solutions and particle engineering.
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The Personal Care & Household segment offers a range of natural, biodegradable and high-performance ingredients; solutions for dentifrices, mouthwashes and mouthwashes, cleaning of dental prostheses and care of teeth; and household supplies nature-derived rheological ingredients, biodegradable surface wetting agents, performance encapsulations and specialty polymers.