Over time, stocks with growing dividends and high returns on invested capital (ROICs) have tended to outperform their peers. By highlighting these qualities -- plus a payout ratio below 50% -- investors can create a stocked pond to fish in and perhaps find the next investing lunker. This highly profitable dividend growth stock could stack the odds of beating the market in your favor.
One company that fits the bill flawlessly is animal health juggernaut Zoetis (ZTS -0.03%) and its vast suite of medicines, vaccines, diagnostics, and more. Let's explore why history suggests that Zoetis is primed to continue its market-beating ways. With 15 of its products each earning more than $100 million in annual sales, Zoetis is a well-diversified enterprise. Better yet, its top-10 products only account for roughly 49% of the company's total sales.
Source: Motley Fool
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Posted by D4L | Wednesday, July 12, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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