Author: Jason Fieber, Dividends And Income

This company is a high-quality, global behemoth that’s perfectly positioned to capture increasing profits from the rise of e-commerce. Not only does it offer a market-beating 3.5%+ yield and strong dividend growth, but shares look 23% undervalued at current prices.

With a market-smashing 3.6%+ yield, more than 60 consecutive years of dividend raises, and long-term double-digit dividend growth, this blue-chip company is well positioned to continue delivering higher profits and dividends for years to come.

With a yield that’s twice as high as the broader market, double-digit long-term dividend growth, a low payout ratio, a decade of dividend raises, and the potential that shares are 23% undervalued, this is a stock that all dividend growth investors should take a closer look at right now.