Dividends4Life: Stocks Growing Their Dividends by 20% Per Year

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Stocks Growing Their Dividends by 20% Per Year

Posted by D4L | Thursday, August 29, 2013 | | 0 comments »

Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with a steadily rising income stream that essentially equates to a raise every year. And, well, who doesn't like a raise?

With that in mind, here are five stocks that have grown their dividends by 20% or more over the last year: Home Depot (NYSE: HD), Accenture (NYSE: ACN), Moody's (NYSE: MCO), Safety Insurance Group (NASDAQ: SAFT) and Target (NYSE: TGT).

Source: Motley Fool

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