Looking for Income and Growth? This Top Dividend Stock Has the Fuel to Produce 10%-Plus Total Annual Returns.

Williams (NYSE: WMB) has been a very durable dividend stock over the years. The natural gas pipeline company has paid dividends every quarter since 1974 and has grown its payout in most years, including at a 6% compound annual rate since 2018. The company currently offers a 5.1% dividend yield, putting it toward the top end of payers in the S&P 500, where the average yield is 1.5%.

The pipeline giant's sizable payout is only part of its return. The company also has an excellent track record of growing earnings, which should continue.

Williams' combination of an attractive dividend and growing earnings could give it the fuel to produce a more-than-10% average annual total return in the coming years. That's a strong return for such a low-risk stock.

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Source Fool.com