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Investing Insights
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Dividend Aristocrats: UPS, Lockheed Martin, and Paramount Global
Dividend aristocrats are the companies that have increased their dividends each year for at least 25 years in a row. UPS just announced its dividend increase for 2023, which as expected was more modest than last year's raise of about 6.5%. Lockheed Martin is another example of how dividend growth can lag stock price appreciation, resulting in a lower yield.
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