Author: Jason Fieber, Dividends And Income

Demands for this company’s products should only increase over the long run, setting a foundation for more profit and dividends. Amazing fundamentals, a massive cash hoard, demonstrated double-digit long-term dividend growth, and the possibility that shares are 16% undervalued means this is a stock that should be strongly considered here.

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.