MDU Resources (MDU) continues to reward its shareholders with annual dividend hikes. Strong demand and expanding operations will allow MDU's management to approve dividend hikes in the future.
Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?
Investing in dividend stocks is one of the easiest ways to generate passive income. Three companies with elite dividend track records are Chevron (NYSE: CVX), Consolidated Edison (NYSE: ED), and National Retail Properties (NYSE: NNN). Add in their higher dividend yields of at least 3% -- roughly double the S&P 500's 1.6% dividend yield -- and they're ideal for those seeking to earn passive income.