Author: Marc Lichtenfeld, Wealthy Retirement

One of the highest-yielding stocks in the S&P 500, its dividend appears to be in better shape than the stock itself.

It’s growing its cash flow and has a decade-plus history of annual dividend increases. When it comes to dividend safety, it doesn’t get any more perfect than that.

In addition to its strong growth prospects, it pays a very attractive 6.8% dividend yield.

It has a low payout ratio and a great track record of raising its dividend.

The company does have a short track record, but I’m not worried about this dividend for the next 12 months.