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AbbVie: High-Yield Dividend Aristocrat Offering a No-Fee DRIP

- By Ben Reynolds

Dividend growth investing has proven to be one of the best ways for retail investors to accumulate wealth over the long term. One of the factors that boosts the wealth-creating power of dividend growth investing, is dividend reinvestment.

Dividend reinvesting makes one's share count rise, even if there is no additional principal invested into new shares. The growing share count, combined with the rising per-share dividends that are offered by dividend growth stocks such as the Dividend Aristocrats, allows for an even faster income growth rate. A select group of stocks even offer shareholders no-fee DRIPs.