This means that investors can likely expect around double -
digit dividend growth over this time, which is among the fastest levels offered by any retail stock.
Partly fueled by the recently enacted tax reform act, they also offer the prospect of double
digit dividend growth over the next couple of years.
Not exact matches
While you can find plenty of stocks with higher yields, General Dynamics» double -
digit dividend growth rate implies that
over time, investors could collect a much higher yield on cost.
A yield well
over 6 %, management guidance for double -
digit dividend growth, and the possibility that shares are 59 % undervalued means this could be the single greatest opportunity in the market for long - term
dividend growth investors.
No big deal, as you mentioned, since I'm still showing a double
digit year
over year gain on the whole and that's the point of being a
dividend growth investor.
RCI.B sports a
dividend yield of roughly 4.3 % which, coupled with even mid-single-
digit dividend growth, offers me the potential of achieving double
digit growth over the longer term assuming
dividend yield +
dividend growth can be counted on for total returns.
And when looking out
over the foreseeable future, the company seems poised to continue delivering double -
digit dividend growth.
That said, Amgen could come in closer to that 7 % market
over the next few years, or even beyond that period, and still provide for
dividend growth somewhere near double
digits for years to come simply by virtue of where the payout ratio is at (meaning the payout ratio would expand a bit).
I think it's more likely that we'll see
dividend growth in the high single
digits over the near term and long term.
Over the past five years, JNJ has provided
dividend growth in the mid-to-high single -
digit dividend growth, with the most recent boost amount to 7.14 %.
With a payout ratio of just 30 %, there's still plenty of room for double -
digit dividend growth moving forward (especially after factoring in underlying profit
growth, which we'll go
over).
If only there was a way to get the best of both worlds today... to purchase both a high - quality
dividend growth stock today AND collect a double -
digit annual income stream from those very same shares
over the next 12 months.
Pairing a yield
over 6.5 % with double -
digit dividend growth is practically unheard of, yet that's what you may be getting here with this stock.
This could drag on long - term sales
growth, which is why investors may not be able to rely on the company being able to grow its
dividend at the impressive double -
digit pace enjoyed
over the past 30 years.
In fact,
over the past 30 years the company has been rewarding
dividend lovers with double -
digit payout
growth, including 16 % annualized
growth over the past five years.
HGIC's payout ratio has risen
over time, so
dividend growth going forward is not likely to be in the double
digits, but the
dividend appears to be rather safe.