The company has paid dividends without interruption or reduction for decades, and it currently has a 15-year streak of growing its payout annually. In addition, it’s yielding 4.8%, near its high mark since the Great Recession ended.
There are numerous reasons for any investor to strongly consider this stock. Near the top of the list: a dividend that has grown for 24 consecutive years.
If it’s good enough for me to buy it with Daily Trade Alert’s money, it’s good enough for my own personal portfolio. It’s my 12th-largest holding (of 46 total positions)… and it’s a little larger now than it was just a couple weeks ago, as I recently added 20 shares.