Author: Jason Fieber, Dividends And Income

With a 6%+ yield, almost 50 consecutive years of dividend raises, an on-target payout ratio, and the potential that shares are 32% undervalued, this high-yield stock should absolutely be on every dividend growth investor’s radar right now.

This is a high-quality company that has positioned itself very well to take advantage of a number of major trends in healthcare. Excellent fundamentals, a 3%+ yield, a moderate payout ratio, almost a decade of dividend raises, double-digit long-term dividend growth, and the potential that shares are 26% undervalued are all reasons why dividend growth investors should take a strong look at this stock.