Unlike high-growth stocks, long-term dividend stocks typically represent established companies with consistent profitability. They appeal to investors for two main reasons: steady income and long-term capital appreciation. In this article, I will discuss three promising dividend stocks. These selections are not just based on their current yield. They also have the potential for long-term outperformance due to the sustainability of their businesses.
Buy these cash flow-generating long-term dividend stocks for dividend growth. CME Group (CME): Nine consecutive quarters of double-digit EPS growth have supported a 43.9% annualized dividend growth record. Kroger (KR): The second largest U.S. grocery retailer yields 2.5% and trades at 10.5 times trailing EPS. Broadcom (AVGO): This AI beneficiary increased its dividend by 14% and will see significant free cash flow growth.
Source: InvestorPlace
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Posted by D4L | Tuesday, February 20, 2024 | ArticleLinks | 0 comments »________________________________________________________________
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