1 Top Dividend Growth Stock to Buy Right Now

Generating passive income is great for investors, and holding dividend-paying stocks is an excellent way to do that. However, not all corporations that pay dividends will be attractive to income seekers.Some may need to cut or suspend their payouts due to various headwinds, while others don't make increasing their payouts a priority, even when their underlying operations are robust. Income-focused investors should look for reliable businesses with capital allocation strategies that prioritize payout hikes. Amgen (NASDAQ: AMGN) meets these criteria. Pharmaceutical companies are given extended patent protections on their products for a good reason. Significant upfront investments are required to discover and develop new clinically useful compounds from the early stages of development through the clinical trial process and then to regulatory approval and the marketplace. Plenty of promising candidates don't make it that far. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool