Buy This Stock Before It Becomes a Dividend Aristocrat

Dave Kovaleski, The Motley Fool
·3-min read
Buy This Stock Before It Becomes a Dividend Aristocrat

Dividend Aristocrat is the name given to the elite S&P 500 companies that have increased their annual stock's dividend for 25 straight years or more. Credit card processor Visa (NYSE: V) is on its way to becoming a Dividend Aristocrat, with 12 straight years of dividend increases. Visa, the world's largest credit card processor, has been an earnings machine, with about 20% annual earnings increases over the last decade.