Author: Jason Fieber, Dividends and Income

With a market-beating 3.6% yield, a recent 10%+ dividend raise, and the potential that shares are 15% undervalued, this high-quality dividend growth stock is a highly worthy long-term idea here.

If you’re one of those people who thinks dividend growth investing can’t make you rich on just a little bit of money, think again.

Many high-quality dividend growth stocks are growing their dividends even faster than inflation. That means your purchasing power actually increases over time.

With nearly 40 consecutive years of dividend increases, a market-smashing 5.7% yield, and the potential that shares are 19% undervalued, this is a worthy long-term idea for income-oriented dividend growth investors.