Markets stall under threat of government shutdown >>> READ MORE

3 Dividend Growth Stocks to Buy

Planning on retiring ... ever? You're going to need some help, and these stocks fit the bill

      View All  

Dividend Growth Stocks to Buy: Tupperware (TUP)

dividend-growth-stocks-to-buy-tupperware-tup-stockDividend Yield: 3.3%

All of us are familiar with Tupperware (TUP), and most of us probably have some of the company’s storage containers somewhere in the cupboards.

What most of us are not as aware of is that Tupperware is actually an emerging-market growth story today, not just a staid old direct-sales company. As emerging-market countries develop more of a middle class, the demand for things like food storage will explode — just as demand for Tupperware did here in the United States originally.

Of course, Tupperware also makes more than just little square sandwich containers. The company’s offerings now include beauty and personal care products, including skin care products, cosmetics, bath and body care, toiletries, fragrances, jewelry and nutritional products.

TUP stock yields 3.3% at current prices, but what really puts this among the strongest dividend growth stocks is the fact that its payout has more than doubled in the past two years alone. Meanwhile, analysts expect Tupperware to increase its payout at a double-digit rate over the next several years.

And, as a bonus, management also has been buying back stock to return money to shareholders.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC