The surest, safest way to double our money in the stock market is to buy the dividends that are growing the fastest.
It doesn’t matter if the broader market is heading up, down or sideways. Over time, stock prices eventually follow their dividends. Show me a growing payout, and I’ll show you a stock price that has serious upside.
Looking beyond current yields for future dividends is a simple yet powerful concept. I know that you already appreciate stocks that pay. It’s why we get along so well.
We can also apply our favorite fundamental attribute–a company’s willingness and ability to put cash in our pocket–to find the safest growth stocks in the market. Their shares can double in price while paying us a nice dividend.
This article originally appeared at Contrarian Outlook.