Dividend Growth Investor Newsletter

Dividend Growth Investor Newsletter

Dividend Growth Investor - Purchases for December 1st

Dividend Growth Investor's avatar
Dividend Growth Investor
Dec 01, 2022
∙ Paid

Good Morning,

I wanted to let you know that I made my first investment for December today. I added to an existing position, a dividend achiever selling at 18.40 times forward earnings and yielding 2.40%. The company has a 5 and 10 year annualized dividend growth of a little bit over 15%. While I doubt dividends would grow at 15% over the next decade, it's likely they'd grow faster than inflation.

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