What’s the only thing better than a rising stock that delivers a reliable dividend? How about a dividend that rises along with the share price?
I think that’s the most likely scenario we’re looking at with Latin American airline Copa Holdings (NYSE: CPA), which currently pays a 1.8% dividend on a stock that’s trading at two-year highs. But what’s really appealing is that this dividend should begin to increase as Copa’s business continues to recover from what has been a very tough couple of years.