5 Fastest Growing Dividend Stocks

1. Broadcom Inc. (NASDAQ: AVGO)

Broadcom is our top dividend stock-paying company for our list of 15 fastest growing dividend stocks. It focuses on manufacturing and designing various semiconductor and infrastructure software products. With the company’s most recent acquisition of one of the main industry competitors, growth is guaranteed both in terms of revenue and sales and with that a dividend hike is expected which has resulted in its stock growing with a very fast pace. Broadcom has gained a monopoly in the industry and has achieved a CAGR in revenue of about 37%. The company has a dividend CAGR of 44.6% with a dividend yield of 2.8%

See also: 15 Biggest Companies That Don’t Pay Dividends and 15 Biggest Companies That Aren’t Profitable