Dividend Growth Stocks - Thursday, July 28

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Living off of passive income is the dream. And I'd argue dividends are the best form of passive income, because of the passivity of the income. Nothing is more passive than waking up to a fresh new dividend that got deposited into your account while you slept. But this dream can turn into a nightmare if your income can't grow and keep up with inflation.

Everything is getting more expensive over time. The good news is, that high-quality dividend growth stocks have you covered. That's right. The key is to not just buy dividend stocks but dividend growth stocks. These stocks represent equity in world-class businesses that pay reliable, rising dividends to their shareholders.

If the businesses you're invested in are consistently increasing their dividends every year, you're effectively getting annual "pay raises". And these boosts in your passive dividend income allow you to keep up with, or even exceed, inflation. That keeps the dream alive.

Today, I want to tell you about six dividend growth stocks that just increased their dividends.

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