Stocks with Fastest Dividend Growth

Dividend growth is one of the biggest wealth drivers. If you buy a stock with a 2 percent yield you might know that this can’t help you. You are right especially when you have invested only $1,000, your dividend income would only $20. That's not much when you consider that you have around $10 trading costs. Dividend growth helps you to grow your passive income. Normally, a solid stock should double its dividend payments over 10 years. This means that your yield on cost would rise to 4 percent.

Today I would like to show you the 50 fastest dividend growth stocks from the last 30 days. There are some pretty good stocks with very good growth rates which indicate a strong business health. The average dividend growth of the 50 best stocks amounts to 68.40 percent. Remember, if you have such stocks, your yield on cost goes up over 10 percent in less than two years! Here are the stocks with fast dividend growth: Realty Income (O), Wells Fargo (WFC), Schlumberger (SLB) and Agilent Technologies (A).

Source: Guru Focus

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