Colgate-Palmolive Company (CL), 3M Co (MMM), Altria Group Inc (MO): Rock-Solid Stocks Growing Their Dividends Well Above Inflation

The Foolish bottom line

Had you invested in these companies a year ago, you would have enjoyed total dividend increases of more than 7%. And, importantly, all of these companies grew their payout much faster than the rate of U.S. inflation during that time, thereby protecting (and growing) your purchasing power. But more important to investors today is to identify the companies that will grow their dividends substantially in the years ahead.

The article 5 Rock-Solid Stocks Growing Their Dividends Well Above Inflation originally appeared on Fool.com and is written by Joe Tenebruso.

Joe Tenebruso manages a Real-Money Portfolio for The Motley Fool and is an analyst on the Fool’s Stock Advisor and Supernova premium service teams. You can connect with him on Twitter @Tier1Investor. Joe Tenebruso has no position in any stocks mentioned. The Motley Fool recommends 3M and Procter & Gamble. It recommends and owns shares of Johnson & Johnson.

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