This article is about a group of dividend growth stocks that I have admired over most of the 40-plus years I've been in the investment business. But even though I have always admired these great companies, which I now dub the “Magnificent Seven,” I have rarely owned them because the markets have normally overpriced them. However, as you will soon see, the great recession of 2008 changed all that. These magnificent blue-chip stalwarts, each a recognized giant in its industry, have finally become reasonably priced based on earnings and cash flows.
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