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MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON NETFLIX DRAG

Fed's Goolsbee says 'It makes sense to wait' before cutting rates

2 Dividend Stocks That Have Doubled Their Payouts in 5 Years

David Jagielski, The Motley Fool
·4 min read
2 Dividend Stocks That Have Doubled Their Payouts in 5 Years

For a dividend to double in five years, a company would need to raise its quarterly payments by an average of just under 15% per year. Thermo Fisher Scientific (NYSE: TMO) and FedEx (NYSE: FDX) are businesses with solid financials that have been making generous dividend hikes in recent years. Thermo Fisher is a top healthcare company that generates revenue from diverse revenue streams, including laboratory products, diagnostics, life sciences solutions, and analytical instruments.

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