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This Dow Jones Stock Is a No-Brainer for Dividend Growth


The Dow Jones Industrial Average has always been home to the country's biggest companies across industries, from consumer goods to healthcare and financials. These are players with staying power and generally a long history of earnings and share price growth. If you look at Dow Jones performance over time, you'll see it's a winner, up more than 120% over the past decade.

So, if you bet on the Dow Jones as a whole -- for example, through the SPDR Dow Jones Industrial Average ETF -- over the long term, you're likely to reap rewards. Now here's how you can add to those rewards -- by also investing in a Dow Jones company known for dividend growth. This can considerably supercharge your gains over time, regardless of the stock market's performance. Let's check out a Dow Jones stock that's a no-brainer buy for dividend growth.

This particular company is likely one you know well -- and you probably even contribute to this player's earnings on a regular basis. A consumer goods giant, it sells major brands including Tide laundry detergent, Bounty paper towels, and Head Shoulders shampoo. I'm talking about Procter Gamble (NYSE: PG), a company that's been part of the Dow Jones for more than 90 years.

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Source Fool.com

Dow Inc. Stock

€48.79
-0.210%
Dow Inc. shows a slight decrease today, losing -€0.105 (-0.210%) compared to yesterday.

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