1 Top S&P 500 Dividend Stock to Buy Right Now for a Lifetime of Passive Income

Dividend growth is one of the stock market's mightiest forces. While high-yield stocks garner much of the market's dividend-related fanfare, I tend to prefer stocks with smaller dividend yields -- initially, at least.As counterintuitive as this sounds, high-yield stocks often offer minimal dividend growth potential, whereas certain companies with lower yields may offer exponential dividend growth over the long haul.A perfect example of this is rural lifestyle retailer Tractor Supply (NASDAQ: TSCO) and its 1.6% dividend yield. Though this 1.6% yield may sound underwhelming, Tractor Supply's dividend payments have grown by 31 times in size since 2010.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool