Discovering investments that offer elevated dividend yields and reliable growth can be a rewarding challenge. To identify which stocks provide compelling payouts while ensuring a degree of dependability, I have established specific criteria to guide the selection process. For starters, I decided to go with dividend stocks that boast a yield of at least 7%.
The selected companies must also have a proven track record of increasing their dividends for at least 10 consecutive years. This ensures management’s commitment to returning capital to shareholders while also increasing the chances that the companies we are looking at will feature profitable growth over long time periods.
You might be surprised to learn that applying these filters results in only 13 stocks. After conducting further research, I have identified the top three dividend stocks among them that will hopefully tantalize your taste for profits.
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