Growth stocks have soared higher this year on the back of artificial intelligence hype.Morningstar found 10 stocks that have consistently raised dividends every year for the last 5 years.
All public companies are eventually faced with a choice: reinvest earnings to fund the future growth of their businesses, or return those earnings to shareholders in the form of dividends. At the same time, investors who preferred the safety of dividends to the volatility of high-growth stocks found another alternative this year: short-term Treasuries.
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