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5 Lesser-Known Stocks With Dramatic Dividend Increases

And more payout growth could be on the horizon

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Coach NYSE:COHHandbag icon Coach (COH) probably isn’t seen by many as a stable dividend player, with this midcap stock heavily dependent on discretionary spending and a share price that’s up almost 300% from the financial crisis lows of 2009.

However, the dividend that was initiated in 2009 has been growing fast too, from 8 cents a share when it started to 33.75 cents per quarter right now — quadrupling in just four years, and across a very challenging four years at that.

Earnings are running at $3.80 this fiscal year, meaning that the payout ratio at Coach is a mere 35% to boot. And with a 2.5% dividend already, that’s a very attractive sign to investors.

Article printed from InvestorPlace Media, http://investorplace.com/2013/10/5-lesser-known-stocks-dramatic-dividend-increases/.

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