Why This Unstoppable Dividend Stock Could Supercharge Your Portfolio
Growth stocks aren't the only way to supercharge a portfolio. Dividend stocks can be an equally valuable way to grow your earnings, particularly if the company makes healthy dividend increases over time. One unstoppable stock on track for supersized growth with a long history of dividend increases is net lease real estate investment trust (REIT) Agree Realty (NYSE: ADC).
Agree Realty is likely one of the last companies that come to mind when you hear adjectives like "unstoppable" or "supercharged". However, based on the company's track record, it clearly lives up to the accolades. The net lease REIT has increased its divdend payouts by 80% since 2012 and is growing like crazy, spending over $1.7 billion on new acquisitions last year. Let's take a closer look at the REIT today and see why this solid dividend-paying stock could help deliver oversized returns in the coming years.
Source Fool.com
