It's time to rejoice, dividend investors, because Walt Disney (NYSE: DIS ) just raised its annual payout by 15% to $0.86 per share.
For those of you keeping track, this marks the fourth year in a row Disney has given dividend-hungry shareholders a boost, and investors who bought a little over three years ago have seen their dividend payments rise 146% from just $0.35 per share.
In the following video, the Fool's Steve Symington not only sheds additional light on Disney's current dividend situation, but also fills investors in on whether they should expect similar increases going forward.
3 more dividend powerhouses for your portfolio
But Disney's not the only solid dividend-paying stock our market has to offer. If you're looking for more great long-term investing ideas, you're invited to check out The Motley Fool's brand-new special report, "The 3 Dow Stocks Dividend Investors Need." It's absolutely free, so simply click here now and get your copy today.