The Anomaly of High Yield and Growth: A Dividend Unicorn

Imagine uncovering a rare find in the stock market, a dividend-paying 'unicorn' that offers both a substantial yield and an impressive history of payout growth—a true challenge to conventional investing wisdom. It's common belief among investors that a stock can provide either a high dividend yield or a rapidly increasing dividend, but seldom both. However, this financial gem has managed to deliver an exceptional 7.4% yield while also boosting its dividends significantly, achieving five-digit growth over the past 14 years.

Lincoln National Corporation LNC

Lincoln National Corporation, operating under the marketing name Lincoln Financial Group, stands as a prime example of this phenomenon. LNC is a holding company that is distinctly American, offering a broad array of insurance and investment management businesses through its subsidiaries. LNC has established a reputation for not only providing substantial dividends but also for its commitment to increasing these payouts to shareholders over time.

Mastercard Incorporated MA

Another stock that embodies the blend of a high yield with potential for dividend growth is Mastercard Incorporated. MA, an American multinational financial services behemoth, is known for facilitating seamless payments between merchant banks and the card-issuing institutions of purchasers. Operating since 2006 as a publicly traded company, MA has also demonstrated a capacity to offer consistent dividends, which adds to its appeal for dividend-seeking investors looking for solid growth alongside reliable income.

Both LNC and MA challenge the status quo, presenting cases where companies defy common market expectations by delivering both a high dividend yield and a pattern of growing payouts, offering investors the best of both worlds.

dividend, yield, growth