This is a high-quality, fast-growing company that has been growing its dividend like crazy (20% per year the last 2 years). In addition, its dividend is rated “Very Safe” from Simply Safe Dividends and shares appear 8% undervalued right now.
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.