This Magnificent Dividend Stock Has Increased Its Payouts by 500% in 10 Years
There are many dividend stocks on equity markets, but not all are attractive to income investors. Those that go beyond paying a quarterly payout but also consistently raise their dividends -- all while having robust businesses that can support their dividend programs for a long time -- are the ones income-seekers want.That description fits Zoetis (NYSE: ZTS), an animal health specialist, pretty well. Here's why this is a top dividend stock to hold on to for the next decade.Zoetis is the world's leading drugmaker focused on animal health. It has a well-diversified lineup of products across many different categories, from companion animals to livestock, fish, and poultry. Zoetis consistently develops new products, and boasts 15 in its lineup that each bring in over $100 million in annual sales.Continue reading
There are many dividend stocks on equity markets, but not all are attractive to income investors. Those that go beyond paying a quarterly payout but also consistently raise their dividends -- all while having robust businesses that can support their dividend programs for a long time -- are the ones income-seekers want.
That description fits Zoetis (NYSE: ZTS), an animal health specialist, pretty well. Here's why this is a top dividend stock to hold on to for the next decade.
Zoetis is the world's leading drugmaker focused on animal health. It has a well-diversified lineup of products across many different categories, from companion animals to livestock, fish, and poultry. Zoetis consistently develops new products, and boasts 15 in its lineup that each bring in over $100 million in annual sales.
