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With more than four decades of dividend raises, a recent 28% dividend increase, a rare yield sitting well over 3%, and the possibility that shares are around 40% undervalued, this could be one of the most compelling opportunities available in the market for dividend growth investors.

Phenomenal fundamentals, a market leading position in its core products, 15 consecutive years of dividend increases, a recent 24% dividend raise, a 3%-plus yield, and the possibility that shares are 17% undervalued all adds up to one of the more compelling opportunities in the market for dividend growth investors.

This is a company that owns over 200 brands across essential food and beverage products that people all over the world love and consume. Eight of those brands are billion-dollar brands. With the backing of legendary investors, a perfect position for margin expansion, a forecast for growth acceleration, a 4.4% yield, and the possibility that shares are 14% undervalued, dividend growth investors should take a good look at this stock.