LMAT - Looking for Dividend Growth? Buy This Little-Known Healthcare Stock
2023-09-01 05:40:00 ET
If you consider yourself a dividend investor, asking yourself the following question may aid in your success: What separates the wheat from the chaff among dividend stocks? Such a question gets you thinking about what makes a great dividend stock.
I would contend that an established track record of dividend growth is what matters most. Having doubled its quarterly dividend to the current rate of $0.14 per share in the past five years, LeMaitre Vascular (NASDAQ: LMAT) is arguably one of the "good" ones among dividend payers.
Let's weigh the company's fundamentals to learn what is supporting this dividend growth.
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Looking for Dividend Growth? Buy This Little-Known Healthcare Stock