"I have been dividend investing for seven years, and since I have a longer timeframe before considering retirement, I prioritize dividend growth stocks. These stocks pay out dividends each quarter and grow their payouts faster than the average company. It's the high dividend growth rate and impressive long-term returns that make dividend growth stocks appealing. These are some of the income machines that are boosting my cash flow and powering high long-term returns."
"Broadcom ( NASDAQ:AVGO) is one of the top beneficiaries of the AI boom. Its chips have been flying off the shelves, and its stock price has soared to orbit. Shares are up by more than 700% over the past five years, and even with those gains, the stock still has a decent 0.80% yield. The tech giant is still growing at a fast pace. Revenue increased by 25% year-over-year in Q1 FY25. Net income more than tripled year-over-year as well."
Dividend growth investing focuses on companies that pay reliable quarterly dividends while increasing payouts faster than peers, producing rising yields and capital gains. Long-term dividend growers can boost cash flow and deliver above-average total returns through steadily rising distributions and share-price appreciation. Broadcom exemplifies a high-growth dividend machine, benefiting from the AI boom with shares up over 700% in five years, a 0.80% yield, strong revenue and net-income growth, and a five-year annualized dividend growth rate of 13.2%. Alphabet recently began paying dividends in 2024 and currently yields about 0.40%.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]