3 Overlooked Dividend Growers With 10%+ Annual Dividend Increases
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3 Overlooked Dividend Growers With 10%+ Annual Dividend Increases
"Investors usually focus on stocks that already have stellar dividend yields, but your portfolio could also benefit from dividend growers."
"The rule of 72 means a 10% dividend growth rate would double dividends every 7.2 years."
"Taiwan Semiconductor (TSM) is a solid stock you can't be wrong on if you are looking to invest for the long run."
"The only argument against a long-term investment here is the geopolitical risks surrounding Taiwan."
Investors should not only focus on high dividend yields but also on companies growing their dividends consistently by over 10% annually. Such stocks present excellent compounding potential, with dividends expected to double every 7.2 years under the rule of 72. Taiwan Semiconductor is highlighted as a key investment due to its essential role in the semiconductor industry, despite geopolitical risks. Investors can consider these traits to enhance their retirement planning and portfolio stability.
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