An impressive list of names, but some have warning signs
The Nasdaq Dividend Achievers Index is a group of companies that have consistently rewarded shareholders with increasing dividend payouts. Companies qualify for the Dividend Achievers List if they have raised their dividends each year for at least 10 consecutive years and meet certain trading liquidity requirements.
Why is the Dividend Achievers List popular? Generally speaking, companies that consistently raise their dividends are financially healthy, growing businesses.
Over time, these types of companies have done well in the market while providing shareholders with safe, growing income.
Let’s look those top 10 companies…