This Stock’s “Hidden Yield” Pays 17% a Year (With 450% Payout Growth)
March 15, 2022 at 05:00 AM EDT
Dividend stocks reward us with more than just cash flow. They actually benefit our retirement portfolios in four ways: A high current yield— for meaningful cash flow today . In a moment we’ll spotlight a timely play with a neat 3.5% yield. Dividend growth , which tends to pull a company’s share price higher (as we’ll see below with this stock, whose payout exploded 450% in the last decade). Share buybacks, which cut the number of shares outstanding, boosting earnings per share and share prices in the process. And of course … Price appreciation, as the stock moves up on strong results for the company, its industry or the economy as a whole. … Read more