3 of the Fastest Growing Dividends on the Planet
Though there are plenty of ways to make money as an investor, dividend stocks tend to be more of a sure thing than most bets. Historically, stocks that pay a dividend have handily outperformed their peers that don't share the wealth with investors, which really shouldn't surprise anyone. After all, the only reason a company would consider sharing a percentage of its profits with investors is if it's profitable and/or forecasting continued growth. Therefore, dividend stocks tend to be a beacon of profitability and time-tested business models for investors.
Income stocks can also be great for helping to hedge against inevitable stock market corrections, and can be used to supercharge wealth creation through a dividend reinvestment plan. Drips are the secret weapon of money managers to build wealth for their clients without so much as lifting a finger.
But as you're probably aware, no two dividend stocks are created equally. With yield being a function of share price, investors really have to decipher whether an income stock is a money machine or a trap. For the following three dividend stocks, they most definitely fall into the former category, as they've delivered some of the most impressive payout growth in recent years.
Source Fool.com
