Author: Mike Nadel, Dividends And Income

They both have been aggressive in growing their dividends and have crushed the market by a mile.

Both have absolutely annihilated the S&P 500 Index over the last decade… have stellar financial fundamentals… and look like fantastic long-term holdings.

There were a lot of reasons to make it the 31st position in our portfolio. Way up there was the reliable, growing dividend that just increased for the 29th consecutive year.

My DTA colleague Dave Van Knapp recently put this stock into his “Valuation Zone,” and the company has become an even better value since.

It’s a well-run business in an essential industry, so I’m confident it’ll be a sound long-term investment for the Income Builder Portfolio.