This Stock Could Be a No-Brainer Buy for Dividend Growth Investors
As an investor, one of the most important takeaways is that quality matters -- a lot. Buying tremendous businesses at reasonable valuations is a formula for investing success.
The upscale home retailer Williams Sonoma (NYSE: WSM) is arguably among the best companies in the entire consumer goods sector. A $10,000 investment in the stock made 10 years ago would now be worth $31,000, with dividends reinvested. Putting this into perspective, that is meaningfully more than the $26,000 that the same investment amount in the S&P 500 index would have grown into during that time with dividends reinvested. Let's delve into why Williams-Sonoma stock could continue to be an excellent pick for both dividend growth and share price growth.
Data source: Williams-Sonoma.
Source Fool.com
