I love tobacco stocks and my own portfolio has around 25 percent of its assets invested into cigarettes producing companies.
Today I would highlight some stocks with more than 25 percent short-term dividend growth.
Technology stocks are the most dominant stock category in my screen in terms of dividend growth potential. They have huge amounts of cash and most of the old tech players are very profitable.
Over the past few years, companies like eBay, Cisco, Microsoft or even Apple have failed to create new innovative products to boost growth but they still sit on tons of cash.
As a result, some of them started to pay back a part of the free and growing mountains of money to shareholders via stock repurchases and dividends. I'm happy to see what they do because they are so profitable and don't need all this money.
Another group of stocks with big dividend growth rates is coming from the basic material or energy sector. Normally, I own only a small share of them in my portfolio because I've no idea how long our economy will be addicted by oil and gas. Further, it's also a black box to me because of the cyclic oil price and changing oil reserves.
However, below is a list of five top stocks that have raised their dividend payments over the recent year by more than 25 percent and they still have a good chance to grow their dividends in the future.
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