5 Dividend Aristocrats With the Fastest-Growing Dividends
Many investors like to buy stocks that are known as Dividend Aristocrats. To join this elite group, an S&P 500 company must increase its dividend for at least 25 consecutive years. But just how much those companies increase their dividends varies greatly. Some gain inclusion on the list of Dividend Aristocrats by making only small dividend hikes.
That's not the case for all of the stocks, though. VF Corporation (NYSE: VFC), AbbVie (NYSE: ABBV), Medtronic (NYSE: MDT), Illinois Tool Works (NYSE: ITW), and Lowe's Companies (NYSE: LOW) have raised their dividends by more than 40% over the last three years. But are these five Dividend Aristocrats with the fastest-growing dividends good picks for income-seeking investors now?
Image source: Getty Images.
Source: Fool.com