The surprising truth about dividend growth stocks

Dividend growth investing isn’t about maximizing current income, nor should it be confused with traditional growth investing. In fact, the Morningstar US Dividend Growth Index currently falls on the value side of the US stock market. What is a dividend growth strategy? You might hear it pitched as a “quality”-focused investment approach, with “defensive” characteristics. Companies growing their payouts to shareholders are, in theory, financially secure. Their competitive positions are generally strong, ev ...