Dividend Growth Investor - Investments for October 5th
I wanted to let you know that I added to my existing position in a dividend achiever with a 16 year track record of annual dividend increases. Over the past decade, it has managed to grow dividends at an annualized rate of 14.50%. The last dividend increase was 13% in August 2022.
The stock is often selling at a higher valuation than usual. This is why I am using the current correction to add to my position in the company.
Keep reading with a 7-day free trial
Subscribe to Dividend Growth Investor Newsletter to keep reading this post and get 7 days of free access to the full post archives.