Key Highlights
- 10 stocks we like better than ConocoPhillips › Dividend growth stocks can be powerful wealth-creating machines.
- Over the last 50 years, the average dividend grower in the S&P 500 has delivered a 10.2% annualized total return, according to Ned Davis Research and Hartford Funds.
- That's well above the returns of stocks with no change in their dividend policy (6.8%) and non-dividend payers (4.3%).
- Oil giant ConocoPhillips (NYSE: COP) has a grand ambition for its dividend.
- The oil company aims to rank among the top 25% of dividend growers in the S&P 500.
