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.
This is one of the highest-quality companies in the world. The company’s products are ubiquitous, bolstered by arguably an unrivaled user experience. The fundamentals are outstanding across the board. The company’s unequaled cash hoard of hundreds of billions of dollars seems likely to be largely used toward buybacks and dividends moving forward. Add in the possibility that shares are 27% undervalued, and you have one of the best long-term opportunities in the market for long-term dividend growth investors.