Author: Jason Fieber, Dividends And Income

This company provides a necessary and ubiquitous service to millions of captive consumers, all in a monopolistic setting. That allows it to pay a huge, reliable, and growing dividend to yield-hungry investors. With improving fundamentals, a 6%+ yield, 17 consecutive years of dividend raises, and the potential that shares are 31% undervalued, this dividend growth stock could make a terrific addition to your portfolio.

This is one of the highest-quality companies I’ve ever come across. The fundaments are incredible across the board. And the business has the capability to grow its dividend at well into the double digits for years to come. More than 20 consecutive years of dividend raises, a massive near-term buyback program, a recent 25% dividend increase, and the possibility that shares are 12% undervalued indicates this might be one of the best opportunities in retail for dividend growth investors right now.