A yield well over 6%, management guidance for double-digit dividend growth, and the possibility that shares are 59% undervalued means this could be the single greatest opportunity in the market for long-term dividend growth investors. That’s why it’s one of my Top 10 Stocks for 2018 (and beyond).
With 25 consecutive years of dividend growth, a yield over 5%, the possibility that shares are 7% undervalued, and the ability to collect “monthly rent checks” without having to actually go out and do the hard work typically involved with being a landlord, this is a stock that should be on every dividend growth investor’s radar right now.
This is a high-quality, global, and dominant firm in a niche that should be highly profitable for decades to come. It’s perfectly positioned to take advantage of huge trends in tech, and investors who buy the stock now are looking at a 4%-plus yield, inflation-smashing dividend growth, and the possibility that shares are 37% undervalued.
This company provides a service that’s both ubiquitous and necessary, wrapped up in a monopolistic business model. While the projects that are designed to position the company for the future have been thus far challenging, the company’s long-term opportunities are clearly present. Meanwhile, investors should be able to look forward to a reliable 5%+ yield, inflation-beating dividend growth, and the potential that shares are 9% undervalued.
This company has great fundamentals, growth in the right areas, and a commitment to paying its shareholders a big and growing dividend. With a yield near 4%, a long-term dividend growth rate well into the double digits, and the potential that shares are 11% undervalued, there’s a lot to like about this dividend growth stock right now.