Author: Mike Nadel, Dividends And Income

With one of the longest dividend-growing streaks in the investing universe, it’s been boosting its annual payout since Dwight Eisenhower was in the White House.

The three positions are now expected to generate over 7% of the IBP’s $3,500-plus income over the next year.

It’s got a pristine balance sheet, it’s been making aspirational products for decades, and its business has been extraordinarily well run.

One has been one of our portfolio’s top performers with a 49% total return since we first bought it in August 2020– handily beating the S&P 500 Index.

There aren’t many no-brainers in the investing universe, but here’s one.