2011 Dividend Growth Challenge: Dissecting Eight Solid Payers

Last week, I received a simple question about a stock that had a 3% growth rate on its 3% dividend yield. I was asked if many stocks filled that criteria. So I did some research and found quite a few, and so I decided to take things one step further. How many stocks if any would you expect to have a 4% dividend yield, a 4% dividend growth over both one year and five years? The answer? Eight. Not bad, right? I would certainly expect a stock that pays a 4% dividend and is able to increase it by 4% every year would be a solid addition to a passive income portfolio.... Read more