This Stock’s “Hidden Yield” Pays 17% a Year (With 450% Payout Growth)
Brett Owens, Chief Investment StrategistUpdated: March 15, 2022
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.