Dividend investors can often get caught up focusing too much attention on a stock's yield . Instead, the better approach is to concentrate on dividend growth. That's because dividend growers have delivered the best long-term performance.
With dividend growth in mind, we asked three of our Motley Fool contributors for companies with elite track records that they believe are excellent buys right now. Here's why they tapped 3M (NYSE: MMM) , Consolidated Edison (NYSE: ED) , and American States Water (NYSE: AWR) as the top options for investors looking to add a top-tier dividend stock to their portfolio.
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For further details see:
3 Elite Dividend Stocks to Buy Right Now