From Yahoo Finance: 2025-03-28 10:30:00

Tractor Supply Company (NASDAQ:TSCO) is highlighted as one of the best S&P 500 stocks for dividend growth. Dividend-paying stocks offer steady, consistent growth, especially in times of market volatility. With inflationary pressures and market volatility expected, dividends can act as a hedge against inflation and provide stable income. Approximately 80% of companies in the market pay dividends, with technology companies increasingly embracing dividend payments.

Tractor Supply Company (NASDAQ:TSCO) reported a 3% increase in net sales in the fourth quarter of 2024, driven by new store openings and improved comparable store sales. The company maintained a strong cash position and returned $472.5 million to shareholders through dividends in 2024. The Board of Directors approved an annual dividend increase of $0.04, marking the 16th consecutive year of dividend growth.

TSCO ranks 1st on the list of best dividend stocks for dividend growth. The company’s consistent dividend growth and financial performance make it an attractive investment. However, there may be other deeply undervalued dividend stocks that offer higher returns in a shorter time frame. TSCO’s dividend yield is 1.71%, providing investors with a reliable income stream.



Read more at Yahoo Finance: Is Tractor Supply Company (TSCO) the Best S&P 500 Stock to Buy for Dividend Growth?