April 16, 2021

65 Stocks make up the dividend aristocrats in the S&P 500, known for their consistency however some are growing faster than others. A.O. Smith (AOS), AbbVie (ABBV), Lowe’s (LOW), Illinois Tool Works (ITW), and S&P Global (SPGI). AOS who produces gas and water heaters, has the fastest dividend growth rate at 21% over the past five years while ABBV promises a higher yield of 4.9% and still a promising 5-year growth rate of 18%. All of these stocks have trend growth rates above 15%, but outside ABBV are on the lower end of yield return.

(New York)

FINSUM + Magnifi: Many income investors center around a high yield. However dividend growth is a sign of fundamental value and improvement in stocks, and these companies are trending up.

Other news today: Chinese Economic Data and Opec Demand Report Lift Oil Prices and Biden Admin Planning Big New Regulatory Push

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