Dividend Growth Investor - Purchases for December 1st
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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