Here's a Spicy Stock Pick for Dividend Growth Investors
Being invested in the stock market has never been for the fainthearted. And we have certainly been reminded of this reality in 2022, with the S&P 500 index having dropped 23% year to date.
Dividend growth investing is arguably a strategy that has helped many investors navigate the tremendous volatility so far this year with relative ease. That's because there are psychological benefits to owning investments that pay higher dividends year in and year out.
One such stock that has helped investors sleep well at night in 2022 is the largest spice producer in the world, McCormick (NYSE: MKC). Let's take a look at the MKC's fundamentals and valuation to better understand why this Dividend Aristocrat could be a great fit in a portfolio oriented toward dividend growth.
Source Fool.com
