3 Dividend Aristocrats With the Highest Growth Rates

Dividend Aristocrats have figured out how to manage their free cash flow. Free cash can be used for many things, including growing the business, paying dividends or repurchasing stock. That the companies are comfortable enough with present and future expected free cash flow projections that they increase that dividend every year says a lot about their future. That future seems to have only good macro news ahead. With that in mind, here are the three Dividend Aristocrats with the highest five-year annualized dividend growth rate...

Cintas Corporation (NASDAQ:CTAS) is one of those wonderfully boring Dividend Aristocrats. It provides uniforms for businesses all over the world. Hormel Foods Corp (NYSE:HRL) is one of America’s granddaddies. Back in 1891, the company was founded, and today it is the name behind many of America’s packaged food staples. I was also surprised to learn of another Dividend Aristocrat that I had not heard of before: VF Corp (NYSE:VFC). As it turns out, I had heard of it before, but only under its brand names like The North Face, Vans, Timberland, JanSport and Eagle Creek, among others.

Source: InvestorPlace

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