Prediction: This Top Dividend Stock Will Join the Trillion-Dollar Club by 2040
As of this writing, there are only seven businesses that have a valuation that exceeds $1 trillion. Investors looking to score huge gains might be on the lookout for smaller companies that have the potential to make it in this exclusive club one day.
Luckily, you don't need to look that far. I believe this top dividend stock will join the trillion-dollar club by 2040. Let's take a closer look.
After its Q1 2024 quarterly dividend payout in March, Home Depot (NYSE: HD) has now paid a dividend in 148 straight quarters. That's a fantastic streak of consistently paying its investors. It's also encouraging to know that the business has raised the dividend steadily as well, with the payout going from $0.47 in Q1 2014 to $2.25 most recently.
Source Fool.com
