Payday Alert! These Two Stocks Are Issuing Massive Dividend Boosts

Giant janitors! Talking ducks! Double-digit dividend raises!

Two major companies have recently announced massive dividend hikes. Aflac Incorporated increased its annual dividend by 16%. And ABM Industries Incorporated boosted its dividend by 17.8%.

Here’s everything you you need to know about both businesses…

1. ABM Industries Incorporated ($ABM)

ABM Industries Incorporated offers building maintenance services.

That’s fancy corporate speak for hiring janitors, electricians, landscapers, and all the other essential people who help maintain large buildings and complexes.

Over 10% of the U.S. population relies on ABM. And this is because the company provides building maintenance services to everything from schools and government offices, to airports and nuclear power plants. ABM was founded in 1909, and the company has consistently raised its dividend every year for the past 55 years.

While building maintenance is important, it’s a low-margin business with limited scalability.

ABM stock has performed well, but it isn’t a market-beater. The company delivered an average annual total return of 9.89% over the past decade. Additionally…