Dividend Aristocrat in the Making Added to the Best Dividend Stocks List This Best Dividend Stock comes on the back of another stock that we added a few days ago, which was an advertising company.
The company had a horrible past – after being associated with a parent company that went bankrupt. However, since its IPO ten years ago, it has increased its dividend every single year and, given the healthy growth that analysts are projecting, we feel this is a dividend aristocrat in the making over the next fifteen years.
It has more than 800,000 customers, which are mostly residential, followed by commercial and then industrial. It supplies electricity to more than 50 cities. 4 Reasons Why You Should Own This Stock: - The next dividend aristocrat in the making.
- 7% earnings growth expected in 2017.
- Utilities viewed positively by the market when there is blood on the streets.
- The company delivers electricity through a network of wind, hydroelectric and natural gas generation plants, and is rolling out smart meters and IoT linkages.
| Stock Symbol | Unlock | | Price Recommended | Unlock | | Company Name | Unlock | | Date Recommended | 06/15/2016 | | DARS Rating | 3.9 | | Ex-Div Date | Unlock | | Current Yield | 3.04% | | Pay Date | Unlock | All data in table above updated as of 06/15/2016. UPGRADE TO UNLOCK THIS STOCK! No credit card required! MORE ABOUT THIS STOCK Trailing 5-Year Dividend Payout History - Annualized Growth Over Last 5 Yrs: 2.4%.
As a dividend investor you need access to the best and safest stocks in the market. Dividend.com’s DARS ratings have been providing you with reliable and profitable stock analysis since 2008, and this addition is no exception. UPGRADE TO UNLOCK THIS STOCK! |
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