Author: Jason Fieber, Dividends And Income

With strong profit growth, an extremely low payout ratio, double-digit dividend growth, and the potential that shares are 20% undervalued right now, dividend growth investors should take a strong look at this stock for their portfolios.

This stock offers a 5.5%+ yield, more than a decade of dividend growth, accelerating profit and dividend growth, and the potential that shares are 24% undervalued right now.

This is a high-quality company with unparalleled brand power in its industry. Incredible growth, huge margins, and great dividend metrics offer a lot to like. In addition, a valuation compression makes shares appear 36% undervalued right now on top of a yield more than twice as high as its recent historical average. Dividend growth investors should be looking to take advantage of the opportunity while it’s on sale.