Author: Jason Fieber, Dividends And Income

This is a dominant and unique company that could have one of the widest economic moats in the world. A transformative acquisition, excellent fundamentals, almost a decade straight of dividend raises, a dividend that’s growing by double digits, a very low payout ratio, and the potential that shares are 16% undervalued are all reasons why dividend growth investors should seriously consider buying and owning this high-quality dividend growth stock for the long term.

With a yield near 7%, almost a decade of dividend raises, significant growth catalysts, and the potential that shares are 9% undervalued, this high-yield stock should be strongly considered for income seekers.