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Dividend Growth Stars: 7 Stocks With 10-Year Double-Digit Rate Hikes

Dividend Aristocrats are stocks on the S&P 500 that have consistently raised their payouts for 25 years or more. Studies show stocks that initiate a dividend and then raise them over time have outperformed all other stocks over time. Yet, there are limits to the strategy.

Just focusing on how long a stock has raised its dividend is not enough. What investors need to do is focus on dividend growth stocks that can afford to keep making their payouts. Growing a dividend at double-digit rates and generating enough free cash flow (FCF) to maintain the payout ensures a business will keep sharing its wealth with investors.

The following seven dividend growth stocks also have the free cash flow (FCF) to back up the payments.

This post appeared first on InvestorPlace.