Jason Fieber, Mr. Free at 33

Undervalued Dividend Growth Stock of the Week: Baxter (BAX)

Not only has this company shown an excellent ability to grow both the top and bottom lines, but it continues to reward shareholders with increasing dividends. In addition, at current prices, the stock — with eight consecutive years of dividend growth under its belt — appears to be more than 10% undervalued. On top of all this, a spin-off that’s set to occur in 2015 could provide a catalyst for further upside…

This Stock Has Paid a Dividend For The Last 77 Years

That stretches through multiple wars, global recessions, massive inflation, terrorist attacks and countless natural disasters. The dividend just keeps coming. In addition, the company’s wide diversification across industries, customers, products, and geographies means that the stock is well-positioned to continue delivering profitability for shareholders, along with increasing dividends…