If you're an investor with long time horizon, then you should meet these three high-growth Dividend Aristocrats. Dividend Aristocrats, as a reminder, are a group of 65 stocks in the S&P 500 Index that have each raised their dividends for at least 25 consecutive years. Roper Technologies is a specialized industrial company that manufactures products such as medical and scientific imaging equipment, pumps, and material analysis equipment.
The natural gas pipeline giant's dividend currently yields 5.4%. This payout rate implies that every $1,000 invested in the company can produce $54 of annual passive income. Fueling that growth is the continued expansion of the company's pipeline system.
The fund has been tempting because it trades at a 31% discount to its underlying holdings. But the SEC denied a bid to convert the trust into an ETF.