Most income-oriented investors focus almost exclusively on the current dividend yield of stocks to decide whether to purchase them. However, the payout ratio and the growth prospects of the company are equally important, as they are the determinants of future dividend growth.
In this article, we will discuss the prospects of three stocks with solid dividend growth records, promising growth prospects and exceptionally low payout ratios. These dividend stocks have the potential to grow their dividends quickly for several years.
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