Author: Marc Lichtenfeld, Wealthy Retirement

Growing free cash flow, a low payout ratio, and 18 years in a row of dividend increases mean that investors who are focused on the dividend have nothing to worry about.

A Perpetual Dividend Raiser, it’s had years of strong performance.

With cash flow surging now and a nearly four-decade track record of annual dividend increases, it’s safe to assume that the dividend will continue to increase in the coming years.

Although free cash flow dropped last year, it’s forecast to grow again in 2026, so I’m not particularly worried over the next 12 months.

This monthly payer has a nearly four-decade track record of consistent dividends.