With a chaotic global economy, you can protect your portfolio with dividend stocks.

With them, not only can you earn income from potential stock price appreciation, you can make money from dividend distributions, as well.  Here are three stocks that just increased their payouts over the last few weeks.

General Motors (GM) just announced a dividend of nine cents per share.  It also just announced a share buyback program increase from $3.3 billion to $5 billion.  According to its August 19 press release, “its Board of Directors has authorized the reinstatement of a quarterly cash dividend on the company’s outstanding common stock at a rate of $0.09 per share. The first dividend will be paid on Sept. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022. GM also announced it will resume opportunistic share repurchases.”

CEO Mary Barra also said, “GM is investing more than $35 billion through 2025 to advance our growth plan, including rapidly expanding our electric vehicle portfolio and creating a domestic battery manufacturing infrastructure. Progress on these key strategic initiatives has improved our visibility and strengthened confidence in our capacity to fund growth while also returning capital to shareholders.”

Altria Group (MO), for example, just boosted its quarterly dividend to 94 cents a share from 90 cents.  The quarterly dividend is payable on October 11, 2022 to shareholders of record as of September 15, 2022. The ex-dividend date is September 14, 2022.The new annualized dividend rate is $3.76 per share, representing a dividend yield of 8.2%.

Verizon (VZ) also just raised its dividend of 65.25 cent per share from 64 cents.  It’s payable on November 1, 2022 to shareholders of record as of October 7, 2022.  This is now the 16th consecutive year the company has increased its dividend.