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This Blue Chip Stock Just Raised Its Payout: Is Now the Time to Buy?

This Blue Chip Stock Just Raised Its Payout: Is Now the Time to Buy?

This is because, over longer periods of time, dividend growth can only be sustained by business growth. Having just upped its quarterly dividend per share by 8.1% to $0.335, Ross Stores (NASDAQ: ROST) arguably fits this profile to a T. Ross Stores is the biggest off-price apparel and home fashion retailer in the United States.