Dividends are so important for income investors, especially when you reinvest all of your fresh dividend payment to fund new stock positions.
Overall, dividends will provide about half the total returns for equity investors in the next decade, that's a major guide each analyst tells you when we are discussing the dividend growth strategies.
Today I like to refer a great basket from Goldman Sachs, the Dividend Growth Basket. Each stock of the list has a median yield of 2.5% and is expected to increase dividends by 16% in 2015 and 12% in 2016. The basket has a price-to-earnings ratio of 15 vs. 17.3 for the S&P.
That sounds very interesting, right? Well let us look at the detailed results. Here are the best picks from each industry. Which do you like?