By: Dividend Sensei
This dividend aristocrat yields a very safe 7.6%.
It’s also about 20% undervalued.
Analysts expect it to grow at almost 9% annually over time.
Management’s guidance is for 5% to 7% annual growth.
That means 13.6% to 16.6% annual long-term return potential.
Compared to 8.0% for the S&P 500 and 9.1% for the dividend aristocrats.
This company’s business model is so stable that management guidance and analyst forecasts are almost always correct.
In this case for the opportunity to potentially double the market’s returns for decades to come.
The difference between 8% and 13.6% annual returns over 30 years is turning $1,000 into $5 ,740 inflation-adjusted, and $269,000.
In other words, buying this fast-growing, high-yield aristocrat today could leave you 47X richer than the S&P 500 over the next 30 years.