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2 Dividend Growth Stocks That Just Raised Their Payouts Again

2 Dividend Growth Stocks That Just Raised Their Payouts Again

Dividend stocks can make for great investments as they can be excellent sources of recurring income for your portfolio. Two companies that have been increasing their payouts for decades and recently announced dividend rate hikes are Medtronic (NYSE: MDT) and Lowe's Companies (NYSE: LOW). Medical device maker Medtronic operates in over 150 countries, and patients rely on its products to help with over 70 different conditions.