3 Growth Dividend Stocks for September
Dividends that grow long term can be a source of great cash flow and overall returns for investors who can find stocks that are built to last. But finding companies with durable cash flows and the ability to pay a big dividend is easier said than done. We asked three of our investors for their top growth dividend stocks to buy this month and Mercadolibre Inc (NASDAQ: MELI), Cintas Corporation (NASDAQ: CTAS), and Brookfield Renewable Partners (NYSE: BEP) were at the top of the list.
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Rich Smith: (MercadoLibre): If dividends are great -- and they are -- then more dividends must be even better. That's why, when you're looking to buy a dividend stock, you need to keep one eye on the future, and focus not just on what dividend a company is paying today, but how much bigger that dividend might grow tomorrow. And I don't know of many stocks that have the potential to grow dividends bigger, or faster, than MercadoLibre, the Argentinean e-commerce giant.
Source: Fool.com
Cintas Corp. Stock
Our community is currently high on Cintas Corp. with 11 Buy predictions and 3 Sell predictions.
With a target price of 195 € there is a slightly positive potential of 11.05% for Cintas Corp. compared to the current price of 175.6 €.
