Business
ASX dividend aristocrat? Here’s an ASX dividend share that has a shot
Over in the United States share markets, there exists a group of characterisations that is rather interesting. Especially for a dividend-loving nation like ourselves. On US markets, a small and select group of companies enjoy the title of ‘dividend aristocrats’. An even smaller and more select group are entitled to crown themselves ‘dividend kings’.
If you haven’t heard these terms before, I wouldn’t blame you. We don’t have any companies on the ASX that can claim such a title. Let alone a crown.
That’s because a dividend aristocrat is named for having a 25-year history of not only paying an uninterrupted stream of dividends, but increasing said dividend every year. If you miss a year, you’re out of the club, and…
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