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7 Tremendous Dividend Stocks With Double-Digit 5-Year Growth Rates

One mistake investors make when buying dividend stocks is chasing yield. Stocks with the highest yield could be a sign a company is struggling, which could put the yield at risk. Particularly in high-interest-rate environments such as we’re in today, a company might have difficulty maintaining its payout.

The following seven dividend stocks not only have a long history of increasing their dividends but have increased them on average at double-digit rates for at least five years.

This post appeared first on InvestorPlace.