Dividend growth stocks with high dividend growth rates can reward investors with appreciation and higher payouts each year. Patient investors who can hold onto their investments for more than a decade can generate significant cash flow that can help with living expenses.
The telltale signs of a dividend growth stock are rising financials and a favorable dividend payout ratio. These companies have good runways and can deliver long-term returns for their shareholders. Investors looking for solid dividend growth stocks may want to consider these top picks.
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