Shares with highest dividend growth by Dividend Yield - Stock, Capital, Investment. Dividend growth is one of the biggest wealth drivers. If you buy a stock with a 2 percent yield you might know that this can't help you. You are right especially when you have invested only $1,000 or so, your dividend income would only $20.
Dividend growth helps you to grow your passive income. Normally, a solid stock should double its dividend payments over ten years. This means that your yield on cost would rise to 4 percent.
I often had stocks in my portfolio that beat this growth rates. Sure they were more risky than stocks like Procter & Gamble or Coca Cola but they all had a margin of safety for me. My yield on cost was after 5 years over 10 percent.
Today I like to show you the 50 fastest dividend growth stocks from the last 30 days. There are some pretty good stocks with very good growth rates which indicate a strong business health. The average dividend growth of the 50 best stocks amounts to 68.40 percent. Remember, if you have such stocks, your yield on cost goes up over 10 percent in less than two years!
I personally have no stocks from the list. I don't know why. Maybe there are too many financial and oil stocks on the list. More than half of the results have a current buy or better rating.
Here are the stocks with fast dividend growth:
Take a closer look at the full list of the 50 top stocks with fastest dividend growth from last month. The average P/E ratio amounts to 17.21. The dividend yield has a value of 2.86 percent. Price to book ratio is 3.65 and price to sales ratio 3.50.
Related Stock Ticker:
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