Author: Jason Fieber, Dividends And Income

With a double-digit dividend growth rate, a very low payout ratio, and the potential that shares are 12% undervalued, this stock’s recent drop in pricing may have finally created a long-term investment opportunity for dividend growth investors.

With a double-digit dividend growth rate, more than 10 consecutive years of dividend increases, and the potential that shares are 13% undervalued, long-term dividend growth investors looking for a predictable compounder should have their eyes in this direction.