3 Reasons This Dividend King Deserves to Be Near Its All-Time High
Whether it's sports or stocks, coming through when it matters most is a highly sought-after quality. In sports, clutch performers have good or even better stats when the chips are down, and they're known to come up big during crunch time. In the stock market, this performance under pressure is a little more complicated.
With a growth stock, it can mean the ability to expand a business at an impressive clip even when the company balloons to mammoth proportions (think Apple or Amazon).
For dividend stocks, however, clutch performers have the ability to gradually grow the business while earning boatloads of free cash flow (FCF) that can support share repurchases and dividend raises. The very best dividend stocks have fairly predictable cash flows so their performances don't vary too much based on the economic cycle.
Source Fool.com
