This stock offers a higher-than-normal 3.2% yield, 13 straight years of dividend growth, a very strong Dividend Safety Score and an A+ credit rating. On top of all this, shares appear 20% undervalued right now.
I created my public Dividend Growth Portfolio (DGP) almost 10 years ago to demonstrate real dividend growth investing. I originally intended to terminate the portfolio after 10 years, at the end of May 2018. However, DTA and I have agreed to keep the portfolio going, because it has turned out to be a great teaching and learning tool.