The Dividend Aristocrats are an elite group of 53 stocks
that have at least one thing in common: They have raised their annual payout in
at least each of the past 25 years, if not longer.
But just because a company consistently raises its dividend
doesn’t necessarily make it a compelling investing proposition.
Market experts advise a further layer of research before
diving into these “elite” dividend stocks. You should always check that the
company holds up to scrutiny – this means an encouraging business outlook and
strong fundamentals. That way you’re “covered” twice: You have an attractive
income proposition that should only get better over time, and chances are if
you ever want to sell, you can do so at a profit.
We have used TipRanks’ market data to pinpoint the
highest-rated Dividend Aristocrats right now. TipRanks scans the latest stock
ratings from over 4,800 Wall Street analysts to be able to compile a list of
stocks with the most Street support from analysts and top analysts.
The following are seven of the best dividend growth stocks
on the market right now, in the eyes of the “pros.” This includes the average
analyst price target, to give you an idea of how much upside potential Wall
Street sees in these companies.
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