10 Best Dividend Growth Stocks to Buy and Hold in 2024

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In this article, we discuss 10 best dividend growth stocks to buy and hold in 2024. If you want to read our detailed analysis of dividend growers and their performance over the years, go directly to read 25 Best Dividend Growth Stocks to Buy and Hold in 2024

10. Pool Corporation (NASDAQ:POOL)

3-Year Average Annual Dividend Growth Rate: 23.3%

Pool Corporation (NASDAQ:POOL) is a leading distributor of swimming pool supplies, equipment, and related products. The company serves a wide range of customers, including pool professionals such as builders, remodelers, retailers, and service companies. The company offers a quarterly dividend of $1.10 per share, having raised it by 10% in May 2023. It has been growing its dividends for the past 12 years and its 3-year annual average dividend growth rate comes in at 23.3%. This one of the best dividend growth stocks has a dividend yield of 1.17%, as of January 27.

At the end of Q3 2023, 41 hedge funds tracked by Insider Monkey reported having stakes in Pool Corporation (NASDAQ:POOL), compared with 42 in the preceding quarter. The collective value of these stakes is over $1.04 billion.

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