With a market-smashing yield of near 7%, more than 35 consecutive years of dividend increases, and the potential that shares are 17% undervalued, this Dividend Aristocrat might be perfect for dividend growth investors looking for income.
In short, when I set out in 2010 to become financially independent I ultimately saw dividend growth investing as the best strategy to get me to the promised land. And I must say, it’s worked out much better than I expected.
With double-digit long-term dividend growth, 30 consecutive years of dividend raises, and the potential that shares are 12% undervalued, dividend growth investors are advised to take a close look at this stock right now.
US Presidential candidate Andrew Yang had a platform that was largely based around the idea of what he called the “Freedom Dividend”. Here’s how you really can build your own basic income with safe, growing, passive dividends.