g class="alignleft" src="https://www.marketbeat.com/logos/articles/small_Depositphotos_76103145_s-2019.jpg" alt="3 Boosted Dividend Stocks to Buy Now" width="660" height="495" />Whenever a company boosts its dividend payout, the investment world takes notice. That’s because a dividend increase can signal to investors that the company is increasing its cash flows and is in sound financial shape. On the other hand, it might mean that a company is shifting its strategy away from growth in order to distribute more profits to long-term shareholders. Regardless of the exact reason behind a dividend boost, income investors should always be on the lookout for companies that have recently raised their dividends to capture a better dividend yield and potentially add shares of a stock that is more attractive to new shareholders. Before you consider Deere & Company, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deere & Company wasn't on the list.
While Deere & Company currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.