7 Tremendous Dividend Stocks With Double-Digit 5-Year Growth Rates

One mistake investors make when buying dividend stocks is chasing yield. Stocks with the highest yield could be a sign a company is struggling, which could put the yield at risk. Particularly in high-interest-rate environments such as we’re in today, a company might have difficulty maintaining its payout.Wellington Management looked at dividend stocks over 92 years between 1930 and 2022. It found stocks offering the highest level of payouts didn’t perform as well as those paying high, but not the very highe ...