It’s on pace to become a “dividend king” in 2024.
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This is one of the highest-quality dividend growth stocks out there. There are few businesses that can match its diversification, breadth, scale, or innovation. It’s nearly an unparalleled business. With a rare ~3% yield, 60 consecutive years of dividend increases, a long-term dividend growth rate near 10%, and the potential that shares are 11% undervalued, investors should carefully consider buying this stalwart here.