6 Strong Companies With Double Digit Dividend Growth
Investors that are in the accumulation phase of their portfolio have the flexibility to seek high total returns from their investments rather than requiring high current yields. Companies with moderate dividend yields and substantial dividend growth rates have many of the benefits of dividend paying companies, while also achieving a significant amount of company growth. There are some high-yielding companies and partnerships that also offer high dividend growth, but most commonly, high dividend growth is found among low and moderate yielding dividend stocks with low payout ratios. I personally utilize a mix of low, moderate, and high yielding investments. Presented below is a list of potentially attractive dividend investments that have enjoyed double-digit compounded dividend growth over the last five years, and that have recently raised their dividends by either a high-single-digit percentage or another double-digit percentage.
Aflac (AFL)
Aflac, a large health and life insurer, has an interesting business... Read more