Dividend
growth helps you to grow your passive income. Normally, a solid stock should
double its dividend payments over ten years. This means that your yield on cost
would rise to 4 percent.
I
often had stocks in my portfolio that beat this growth rates. Sure they were
more risky than stocks like Procter & Gamble or Coca Cola but they all had
a margin of safety for me. My yield on cost was after 5 years over 10 percent.
Today
I like to show you the 50 fastest dividend growth stocks from the last 30 days.
There are some pretty good stocks with very good growth rates which indicate a
strong business health. The average dividend growth of the 50 best stocks
amounts to 68.40 percent. Remember, if you have such stocks, your yield on cost
goes up over 10 percent in less than two years!
I personally
have no stocks from the list. I don’t know why. Maybe there are too many financial
and oil stocks on the list. More than half of the results have a current buy or
better rating.