23 Dividend Stocks With Accelerating Dividend Growth Rates

The cast for dividend growth is well known: compound interest is great but having a growing "interest" stream is even better. But there is another kind of growth we can get from dividend companies. What if each dividend increase was bigger than the previous increase? This would mean that the dividend growth would be, in mathematical terms, an exponential function. Or in grade-school terms: the dividend is getting bigger and bigger, faster and faster. In a previous article (read it here), I made the somewhat depressing point that the dividend growth rate for U.S. companies has been dropping for the last few years, so I didn't think it was likely any company would have increased their dividend growth rates for ten straight years. Well, my lack of faith is truly shameful as it turns out there were a full 23 U.S.-listed stocks that had grown their dividends exponentially this decade!... Read more