This stock offers a good yield, 26 consecutive years of dividend increases and the potential that shares are 33% undervalued.
This stock has a strong dividend record and currently appears 12% undervalued. The company boasts strong financials with a “fortress balance sheet”… and it has a solid, future-focused business model that’s focused on both growth and efficiency. On top of all this, it has a wide moat rating from Morningstar, a high Safety rating from Value Line, and a solid A- credit rating from S&P. In my opinion, the stock seems like a very attractive dividend growth prospect right now.