Investors frequently look to dividend growth stocks to ensure steady income during market turbulence. Investing in dividend growth includes purchasing stock in businesses with a track record of steadily raising dividend payments. Strong cash flow production by these high-quality companies underpins their dividend payments and points to future dividend growth. Strong dividend companies are being held onto by investors all across the world. In times of market instability, dividend growers outperform the market, according to historical analysis. Investor favorites for dividend equities include Johnson & Johnson and The Coca-Cola Company. The performance of 80 stocks from 23 developed markets that have consistently increased their dividends is tracked by MSCI World Dividend Growers Quality Select. By August 2022, the index had returned -0.70% for the year, while MSCI World had fallen by 8.06%.
Insider Monkey highlights the 10 best dividend growth stocks to buy now. Located in California, Houlihan Lokey, Inc. is a global, independent investment banking and financial services firm. For the past five years, the company has continuously increased its dividend payouts, doing so at a CAGR of 20.05%. Tetra Tech, Inc. reported excellent cash generation as operating cash flow reached $98 million, up 42% from the same time last year, indicating robust cash generation. As of September 25, the company had a dividend yield of 0.72% and paid a dividend of $0.23 per share. For the past seven years, JPMorgan Chase & Co. has continuously increased its dividend payments. The business’s five-year dividend CAGR is 15.33%. As of September 25, the dividend yield on the stock was 3.67%. A provider of financial services, First American Financial Corporation offers insurance and settlement services to the mortgage and real estate industries. Manufacturing company Packaging Corporation of America, situated in Illinois, creates corrugated packaging items. Compared to Q2 2021, when operating cash flow was $325.3 million, Q2 2022 saw a decrease to around $320 million. For more details, click 10 Best Dividend Growth Stocks To Buy Now.
