This Dividend Aristocrat Deserves More Attention
When companies continually raise their dividends each year, it eventually becomes part of their identity as an investment. Shareholders will often hold a stock simply for the annual payout and raise. Dividend Aristocrats like insurance company Aflac (NYSE: AFL) are S&P 500 companies that have raised their dividends annually for at least 25 years straight.
Investors often assume that dividend stocks are "boring" and don't have much growth in the tank. However, Aflac's stock price is up more than 50,000% over its lifetime, creating wealth for investors. Is the duck done growing? Here are three reasons why the growth story will continue.
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Source Fool.com
