
With a market-beating yield, double-digit dividend growth, and the potential that shares are 46% undervalued, long-term dividend growth investors would be wise to consider adding this stock to their portfolios after the 40% drop.
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.