Author: Jason Fieber, Dividends And Income

Both appear fairly appealing at today’s prices…

The company is a market leader across numerous recession-proof products backed by strong brands. And not only does it sport a 10-year dividend growth rate of 26.9%, but with a payout ratio of just 44.4%, the dividend appears very safe…

Over the last decade alone it’s increased its payout by an average of 19.8% a year…

That stretches through multiple wars, global recessions, massive inflation, terrorist attacks and countless natural disasters. The dividend just keeps coming. In addition, the company’s wide diversification across industries, customers, products, and geographies means that the stock is well-positioned to continue delivering profitability for shareholders, along with increasing dividends…

The raises have been pretty substantial too: Over the last decade, the company has increased its dividend an average of 17.6% a year. And with a payout ratio of just 44.2%, dividend growth could remain strong for the foreseeable future…