
Dividend growth stocks offer rising dividends, boost yield on cost (YOC) and provide growing income. Ideal for investors seeking steady growth, these stocks also allow reinvesting dividends to compound returns over time.
Hence, income investors might consider investing in strong dividend growth stocks like Elevance Health, Inc. (ELV), Enterprise Products Partners L.P. (EPD), and HP Inc. (HPQ), as their payouts have been increasing for over 10 years.