This stock is basically a cash cow, which is why it’s a major position in my personal portfolio. Almost 50 consecutive years of dividend raises, a yield closing in on 4%, a recent dividend increase of over 15%, and the possibility shares are 22% undervalued means this is one of the most compelling long-term opportunities for dividend growth investors in the market today.
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.