Bank of Nova Scotia (TSX:BNS) and another dividend growth stock are worth looking at closely. Dividend growth investing may not be as exciting, but it's a strategy for long-term horizons.
Investors should consider the market's proven dividend growers, such as Bank of Nova Scotia, to buy and hold through market ups and downs. Despite recent volatility, the longer-term trajectory remains higher.
The TSX Index slipped by over 1% due to gold miners, which were overdue for a dip after a year of gains. This presents an opportunity for investors to do some dip-buying.
those with long-term horizons should look to the market’s proven dividend growers as names to buy and hold
Author's summary: Consider underrated dividend stocks for long-term growth.