The 10% for 10 Club: These 3 Stocks Have Grown Their Dividends 10% (or More) Each Year for a Decade
Equity LifeStyle Properties(ELS) The Motley Fool·2024-05-12 23:18
These companies have delivered tremendous dividend growth over the past decade.Dividends are small but mighty wealth creators. That's abundantly clear in the data. Over the past 50 years, the average dividend-paying stock in the S&P 500 has delivered a 9.2% average annualized total return, according to data from Ned Davis Research and Hartford Funds. That has outperformed an equal-weighted S&P 500 index's 7.7% average annual total return.However, the secret to dividend stocks lies in their growth. Dividend ...