The Surprising Dividend Growth Stock That Just Raised Its Payout Again
Briefly

The article discusses the advantages of dividend investing, especially during market corrections. It highlights how dividend stocks offer an income stream that mitigates capital losses. Specifically, dividend growth stocks yield even higher returns over time than stable payers. ASML Holdings, a semiconductor equipment manufacturer, has shown remarkable dividend growth with a 23% CAGR over the last decade. The article notes ASML's plans for future payouts and its strong performance compared to industry and NASDAQ benchmarks, emphasizing its potential for continued growth.
The stock market offers investors more than one path to make a profit, but few have proven as successful and enduring as dividend investing.
Over the 51-year period between 1973 and 2024, stocks that initiated a dividend and then grew it enjoyed annual average returns of 10.24%.
Netherlands-based semiconductor equipment manufacturer ASML Holdings is a premiere dividend growth stock with a payout over the last 10 years that has risen at a 23% compound annual growth rate.
ASML has generated a 23% annual total return CAGR for investors compared to the 22% return by the semiconductor index and a 17% return by the Nasdaq exchange.
Read at 24/7 Wall St.
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