Dividend Growth Investments for May 5th
I wanted to let you know that I added to my existing position in a dividend achiever with a 13 year track record of annual dividend increases. Over the past decade, it has managed to grow dividends at an annualized rate of 15%. The last dividend increase was 10% in May 2022.
I expect another dividend increase this month.
The stock is often selling at an attractive valuation. This is why I am using the current situation to add to my position in the company.
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