5 Fastest Growing Dividend Stocks

4. Assurant Inc. (NYSE: AIZ)

Assurant is a multinational organization headquartered in New York, that provides risk management and insurance products in numerous countries. The company offers homeowner insurance, renter insurance, automobile insurance and insurance on mobiles phones, electronics, and many other devices. In lieu of the rising trend of getting insurance and a recent acquisition, Assurant has managed to increase its year over year income by 34%. The company has been recently increasing its dividend payout ratio and bringing a shift in its business mix and as a result has achieved as CAGR of 23.5% and a dividend yield of 2.1%.

docstockmedia/Shutterstock.com