Author: Jason Fieber, Dividends And Income

This stock offers almost 25 consecutive years of dividend raises, a low payout ratio, a yield significantly higher than the broader market, and the possibility that shares are 43% undervalued.

Robust profitability, huge growth, a recent 35% dividend increase, a $10 billion buyback plan, and the potential that shares are 24% undervalued all add up to a high-quality dividend growth stock that should be strongly considered here.

With 14 consecutive years of dividend raises, long-term dividend growth near the double digits, and the possibility that shares are 13% undervalued, dividend growth investors may want to look to this stock to ensure plenty of future dividends.