5 Stocks to Buy That Have Raised Their Dividends Every Year Since 2000
Each of these stocks, representing a different sector, is on an impressive run of dividend growth.
Overview
Many income investors focus on dividend yield when they start looking for income-generating stocks. There's an element of logic behind that -- if you're solely concerned about generating income, there's no use looking at stocks that have a minuscule payout.
At the same time, I think it's just as important to look at dividend growth. High yield is great if you're looking for immediate cash flow, but if you want to build wealth for the long term, make sure you're looking for stocks with a track record of increasing dividend payouts.
Details
You can find these kinds of stocks everywhere. In fact, I've assembled a list of five dividend growth stocks that have increased their dividends every year in the 21st century and beyond. Each represents a different sector in the market, proving that you can find great dividend growth stocks nearly anywhere.
Source
Originally published at www.fool.com.