In this video, Austin Smith identifies three dividend stocks that lack extremely high current yields but could be great choices for the long run:
- Kansas City Southern (NYSE: KSU ) currently yields 1%, but could reach full speed after recovering from a recent decrease in coal shipments.
- McCormick (NYSE: MKC ) yields 2.1% and could be a spicy pick, with accelerating revenues and emerging market exposure.
- International Paper (NYSE: IP ) now yields 2.9% after a 40% rise in 2012. The company could continue to roll, as its focus on corrugated packaging may benefit from an increase in online retail.
These boring companies have crushed the market for years, much the same way David Gardner has. He's one of the most patient investors I've ever met, and he uses that discipline to buy and hold great companies for the long run as they grow into their potential and handsomely reward shareholders on the way up. I invite you to learn more about how he picks his winners with a free, personal tour of his flagship service, Supernova. Inside you'll discover the science behind his market-trouncing returns. Just click here now for instant access.