30 Companies Nearing a Decade of Dividend Growth
Depending on your frame of reference, 10 years can be a long time, or just a flash. For some dividend investors, it's usually seen as a flash - the absolute minimum amount of years a company must consistently raise dividends before they are willing to buy in. There's no defining reason for this number - 10 years is simply comfortable and round, and just feels more right than say, 9 years. Still, a 10 year streak of raising dividends is a good yardstick with which to measure management's intentions. Anyone can raise a dividend for a year or two, but 10 years? That shows a commitment to increasing the income of your investors. A 10 year period is enough time for any company to hit at least a few bumps in the road. If they have continued to increase payouts, there's a good chance it's become part of the company's... Read more