The company has grown its dividend 9-fold since it went to quarterly payouts at the start of this decade, and its current yield is just about its highest ever.
With its 3.5% yield, fast dividend growth rate, good quality ratings, and serious 28% undervaluation, I think it’s an attractive dividend growth investment.
With great fundamentals, a 4% yield, a low payout ratio, a clear commitment to dividend growth, and the potential that shares are 31% undervalued, dividend growth investors should absolutely have this stock on their radar.
Not only are these stocks in strong growth sectors that won’t be harmed by the current trade wars, but they’re also attractive buyout targets for larger companies