This Completely Off-the-Radar Company Yielding Just 1% Might Be the Safest High-Octane Dividend Stock to Own in 2026

Dividend investors tend to favor stocks with high dividend yields. That may be a mistake when looking for the best dividend stocks to own for a decade or more. Dividend growth may be more important than a high starting dividend yield for many reasons. These are the types of stocks with growing earnings power, which is the key driver of stock price performance. Plus, a growing dividend can turn into a higher dividend yield on your initial cost basis if you have a little patience.Staying patient and buying a stock with a low dividend yield today but steady dividend growth can be a safe way to own high-octane dividend stocks. Here's why financial services conglomerate Nelnet (NYSE: NNI) is an off-the-radar stock yielding less than 1% today that is the perfect dividend stock to buy and never sell.The only way you may know the name Nelnet is if you use the company as your portal for paying student loans. Nelnet began as a financier for student loans, and did so quite profitably. That is, until the Affordable Care Act -- otherwise known as Obamacare -- was enacted into law. In a small part of this bill was a new provision that made it illegal for private companies to finance undergraduate student loans, hanging Nelnet out to dry.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool