Author: Jason Fieber, Dividends And Income

This is one of the highest-quality companies I’ve ever come across. The fundaments are incredible across the board. And the business has the capability to grow its dividend at well into the double digits for years to come. More than 20 consecutive years of dividend raises, a massive near-term buyback program, a recent 25% dividend increase, and the possibility that shares are 12% undervalued indicates this might be one of the best opportunities in retail for dividend growth investors right now.

This stock is basically a cash cow, which is why it’s a major position in my personal portfolio. Almost 50 consecutive years of dividend raises, a yield closing in on 4%, a recent dividend increase of over 15%, and the possibility shares are 22% undervalued means this is one of the most compelling long-term opportunities for dividend growth investors in the market today.