💎 MaxDividends Ideas: This Dividend Stock Is a Sleeper Hit
1.84% Yield, 22% Payout Ratio, and 9 Years of Growth. Deep Report + PDF.
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💎 MaxDividends Ideas: This Dividend Stock Is a Sleeper Hit. Deep Report + PDF.
137 years of sustainable growth and 14 of last 15 years with dividend increase
Here’s a story for you. Imagine a company paying you $10.00 per share every year, boasting a 1.84% yield, and only using 22.21% of its profits to fund those payouts. That’s not just stable—it’s a fortress.
They’ve been quietly increasing dividends for six years straight and 14 of last 15 (!), and over the past three years, their dividend has grown at an annualized rate of 8.21%. I couldn’t help but think, “Why isn’t everyone talking about this stock?”
If you’re looking for a stable, income-generating stock with the ability to grow over time, this one is worth considering.
Additionally, it is Financial Score 97 / 99, positioning it among the top-rated companies for long-term investment.
The Company recently declared dividend hike +11,50% payable in January 2025.
And the kicker - it is highly undervalued for now with Upside ~ 20%.
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