Published on 13 Jul 2022 on InvestorPlace via Yahoo Finance

7 Dividend Stocks Increasing Payouts in July 2022

Dividends form a reliable base for value investors seeking passive income. And dividend stocks increasing payouts are even better. For some investors, their entire motive to invest in stocks is to have a regular source of income. Hence, it is very important to understand the dividend history of a company, especially during economic downturns.

Generally, announcements of dividend increases sends a positive signal to the market. And conversely, if a company decides to decrease or lapse its dividend payment, it is taken very negatively.

Further, in order to maintain the purchasing power of that dividend money, it become vital for a company to grow its dividend payments. Given that inflation is currently at all-time highs, I have selected seven stocks that have a track record of paying monthly dividends.