For Immediate Release
Chicago, IL - November 15, 2018 - Stocks in this week's article are Dick's Sporting Goods Inc.DKS , Microsoft CorporationMSFT , Anthem Inc.ANTM, ArcBest CorporationARCB and The Progressive CorporationPGR .
5 Excellent Dividend Growth Stocks Worth Adding to Your Portfolio
Though rising yields have dampened the appeal for dividend investing, a niche corner of this space, comprising stocks that boast dividend growth, is still in vogue. Stocks with a strong history of dividend growth year over year form a healthy portfolio with greater scope of capital appreciation as opposed to simple dividend paying stocks or those that have high yields.
Dividend Growth: A Winning Strategy
Dividend growth stocks offer the best of both worlds -- potential for capital appreciation and rising income even in a volatile market. This is because these stocks belong to mature companies, which are less susceptible to large swings in the market, and simultaneously offer outsized payouts or sizable yields on a regular basis irrespective of the market direction.
Dividend growth reflects a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. All these superior fundamentals make dividend growth stocks promising investments for the long term. Further, a history of strong dividend growth indicates that a hike is likely in the future.
Though these stocks have a long history of outperformance compared with the broader stock market or any other dividend paying stock, it does not necessarily mean that they have the highest yields.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/337417/5-excellent-dividend-growth-stocks-worth-adding-to-your-kitty
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