The first dividend raise I want to tell you about is from Cisco Systems, Inc. - stock ticker CSCO. Honestly, it's a slightly disappointing increase from the network equipment and software giant. Our analysis video on Cisco from July included a dividend discount model analysis with a long-term dividend growth rate of 7%. The stock looks attractively valued here.

The second dividend raise came from PepsiCo, Inc. - stock ticker PEP. They've increased their dividend for 49 consecutive years. The snacks and beverages giant is truly is a buy-and-forget type of investment, where you reinvest those growing dividends and watch the money pile up. And the stock should be considered as a potential buy on any type of pullback. Even at the $133/share level, it doesn't look outrageously expensive to me.

The third dividend raise I want to bring to your attention came from T. Rowe Price Group Inc. - stock ticker TROW. When's the last time your boss told you that your pay suddenly went up by 20%? Probably never. While the stock looks a bit pricey after a near-20% run over the last six months, this is a fantastic dividend growth stock that should at least be on your radar.

Video Length: 00:05:22