Little Known Healthcare Services Has Increased Dividends for 24 Consecutive Quarters

Through a rather obscure screening, I came across a relatively small company that has increased its dividends for 24 consecutive quarters, including another announcement this week. Now that spreads are shrinking on the high yield muni bond mania and with high yield corporate bond ETFs priced for Depression era defaults, this stock offers a nice mix of both low risk, sustained performance and a yield higher than what you can get in Treasuries or CDs.

Healthcare Services Group (HCSG) provides services like housekeeping and food services to nursing home and other healthcare institutions. While this may not sound like a sexy line of work, its performance, dividend history and outlook is surely attractive.