This article looks at how I measure dividend growth along with other factors that support sustainable dividend growth.
The first thing I look for in a company is a track record of consistently covered dividends. That's a reasonable starting point, but like most income-focused investors, I don't just want dividends, I want dividend growth as well.
At the very least, some amount of dividend growth is necessary if only to keep up with inflation. In other words, if a company fails to grow its dividend faster than inflation over the medium-term, then the purchasing