4 Future Dividend Achievers Boosting Distributions

The dividend achievers index is comprised of companies based in the US, which have increased their annual dividends for ten or more consecutive years. I typically look for companies which have raised distributions for at least ten years in a row, before considering a stock for potential addition to my portfolio. My reasoning is that only a company which has a strong business model characterized by stable and growing earnings can afford to consistently increase dividends every year for one decade. However, I still try to keep ahead by getting acquainted with the companies which might be eligible for inclusion in the list a few years from now.There were four companies which have raised dividends for over five years in a row, which also announced that their Boards have approved dividend hikes over the past week:Energy Transfer Equity, L.P. (ETE), through its direct and indirect investments in the... Read more