You may agree that the payment of a significant and rising dividend is a key component of management’s loyalty to provide consistent and favorable long-term returns to their company’s shareholders. Dividend-paying stocks provide an important way to boost your retirement income. What if you find dividend-paying growth stocks instead of just dividend stocks.
Savita Subramanian, head of U.S. Equity and Quantitative Strategy for BofA Merrill Lynch Global Research, said that the rate of companies in the S&P 500 that distribute part of their earnings as dividend is well below the previous decade’s average, and the Census Bureau has projection that the number of retirees will basically double over the coming twenty years. Below mentioned 5 stocks have raised their dividends for over 40 Years.
Source: Potential Traders
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