Economists predict the United States’s GDP (gross domestic product) will grow at 1.2% in 2024, a substantial decline from 5.2% in the third quarter. A slowdown in construction spending and manufacturing could impact GDP growth. So, the equity markets could remain volatile in the near term. Meanwhile, investors can strengthen their portfolios with quality dividend stocks to sail through this challenging period.
Here are three stocks that have raised dividends at a healthier rate, depicting their solid and consistent financials. So, these three stocks could strengthen your portfolio.
Canadian Natural Resources
Canadian Natural Resources (TSX:CNQ) operates a diversified asset portfolio across North America, the United Kingdom, and Africa. Supported by its long-life and low-decline reserves, the company’s production and free cash flow are sustainable even in a lower-price environment, thus allowing it to raise its dividend at an…
