Author: Jason Fieber, Dividends And Income

This company provides a ubiquitous and necessary service to millions of customers. And they do it in a monopolistic way that should further ensure growing profit and dividends. The stock offers a 5%+ yield, almost two straight decades of dividend growth, and the potential that shares are 12% undervalued.

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.

With more than four decades of dividend raises, a recent 28% dividend increase, a rare yield sitting well over 3%, and the possibility that shares are around 40% undervalued, this could be one of the most compelling opportunities available in the market for dividend growth investors.