3 Stocks With Small Dividends, But Huge Dividend Growth Rates

Stocks with high dividend yields are great for people who need regular returns on their investment, such as retirees who are living off their dividends. However, for someone like me, with a longer investment horizon, a high dividend growth rate might be more attractive. In this article I will be examining three stocks that match the following criteria:

1. Low current yield: Dividend yield < 1.5%, 2. High dividend growth rate: Dividend increase of at least 100% over the past 5 years and 3. Low payout ratio: Under 50%: TJX Companies Inc. (TJX), Ralph Lauren Corporation (RL) and Visa Inc. (V). All of the companies in this article have proven their ability to raise dividends at a very high pace. Furthermore, they all have very good looking balance sheets. However, this article provides only a small summary of these 3 companies, so before you invest, make sure you do your homework. Source: Seeking Alpha

Related Articles:
- 9 High-Rated Dividend Stocks With Above Target Returns
- 9 High-Yielding Utilities With A Growing Dividends
- My 5 Largest Dividend Stock Positions Have Double-Digit Lifetime Returns
- The Best Dividend Stocks In The World
- 12 Dividend Stocks With 50+ Years of Consecutive Increases