In addition, companies that exhibit such traits tend to have their current yields being in the same range of 2% – 3% during prolonged periods of time.
Ordinary yield-chasing investors tend to ignore such companies because they lack the patience or foresight to care for high future yields on cost or strong total returns.
As a result, many of these companies offer low current yields, which tend to stay low for extended periods of time. The lucky investors who purchased such securities however are able to generate high yields on cost over time.
Below, I've selected the 13 dividend champions that have achieved the highest 10-year dividend growth rates.
