Morningstar recently highlighted two undervalued stocks that have just raised their dividends. This is great news for investors looking to add income-generating assets to their portfolio.
One of the stocks that increased its dividend is Company A. Despite being undervalued, Company A has shown strong financial performance and growth potential. The dividend raise indicates the company’s confidence in its future prospects.
The other stock that raised its dividend is Company B. Like Company A, Company B is trading at a discount compared to its intrinsic value. With the dividend increase, investors can expect a higher yield on their investment.
Both Company A and Company B present attractive opportunities for investors seeking to build a diversified portfolio with stable income streams. Keep an eye on these undervalued stocks as they continue to grow and reward their shareholders with increased dividends.