2 Unstoppable Dividend Growth Stocks to Buy for the Next Decade
There are so many good reasons to invest in dividend growth stocks that it's hard to choose the most important one. If pressed, though, I'd say it's their overall track record.
Over the 50-year period that ended in 2022, stocks in the benchmark S&P 500 index that began or grew dividend payments delivered a 10.24% annual return on average. Shares of businesses that didn't commit to returning profits to investors actually fell by 0.6% on average over the same time frame, according to Ned Davis Research and Hartford Funds.
The two dividend stocks below offer relatively high yields now. Better still, there's a good chance they'll raise their payouts at a rapid pace for many years to come.
Source Fool.com
