In fact, investors are chasing dividend growth when fears of dividend cuts are high amid macro uncertainties.
A stock with a history of increasing dividends year over year is considered healthy and latent with higher capital appreciation opportunity irrespective of the stock market direction.
Stocks with solid dividend growth generally act as a hedge against economic uncertainty and offers downside protection with its consistent increase in payouts. Although these stocks do not necessarily have the highest yields, they are proven outperformers over the long term.
Today I like to share those stocks with you that might create a good return in the future by growing earnings and sales.
My criteria were very simple: Positive sales growth in the past years and double-digit earnings growth forecasts for the next five years. Each of the results should have grown dividends by more than 20 consecutive years.
Here are the results...
20 Dividend Growth Champions To Boost Earnings By Double-Digit Rates (click to enlarge) |