Analyzing 4 Dividend Stocks That Just Increased Their Payouts

The Bottom Line:

• Caterpillar (CAT) has a strong buy rating, 1.59% forward yield, and 33% stock performance over the past year.
• FedEx (FDX) has a 2.23% dividend yield, 9.5% dividend increase, and a 69% 10-year total return.
• Exxon Mobil (XOM) boasts a 3.73% forward yield, 6.5% dividend hike, and a 93 dividend safety score.
• Chevron (CVX) increased its dividend by 6% this month, has a 3.64% yield, and is trading below its 5-year average valuation.
• Lockheed Martin (LMT) raised its payout by 7%, has a 2.48% yield, and is a Dividend Aristocrat with 20+ years of consecutive increases.

Caterpillar’s Promising Dividend and Stock Performance

FedEx’s Attractive Dividend Yield and Growth

Exxon Mobil’s Exceptional Dividend Safety and Hike

Chevron’s Dividend Boost and Attractive Valuation

Lockheed Martin’s Dividend Aristocrat Status and Payout Increase