I recently read a book about Income Investing (Income Investing with Bonds, Stocks and Money Markets by Jason Brady- click here).

There is one section about the difference between high dividend yield vs dividend growth. Jason highlighted that given the choice, he would choose the latter: consistent dividend growth. Of course both may not necessarily be exclusive eg. you can have a stock that has a high dividend yield and consistent growing dividend.

Dividend Income Versus Dividend Growth (read here)

Or in another situation, a high dividend yield stock (mature, non growing company) vs a smaller yield stock but whose dividend is growing (young growing company) – the end results after years later could be the same.

I have been surfing the web on local stocks. True, the allure of high dividend yield stocks is high. And it is not uncommon to gravitate towards REITS (click here). ...