Recent Dividend Growth Investment
I wanted to let you know that I added to existing position today, after going through my existing lists of holdings. This includes company that I invested in, along with its stock analysis. I made this investment in my taxable account.
The company sells at 11.75 times forward earnings and yields 1.42% today. However, it does have a good record of growing earnings and dividends. This dividend champion has increased dividends to shareholders for 46 consecutive years. Over the past decade, it has managed to grow them at an annualized rate of 13%. I think the valuation is decent today, through I would love to add at a better entry price too.
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