Dividend growth investors love high yields and growing dividends, but it’s rare to find both of these characteristics in the same company. This often results in splitting portfolio allocations into “growth” and “income”.
What if I told you that there was a Dividend Achiever with a 7% dividend yield?
Dividend Achievers are stocks with 10+ consecutive years of dividend increases. The tobacco stock analyzed in this article has increased its dividends every year since 1999.
This article outlines the investment prospects of Vector Group (VGR), a company with the characteristics mentioned above.