American Tower Corporation (AMT) is a great investment if you're looking for dividend growth. This company is behind the very strong trend of growing mobile data traffic, in both the US and the world, particularly from mobile phones but also increasingly from "the Internet of things." Think of American Tower as the builder of the infrastructure needed to carry mobile data:
Courtesy of AT&T Investor Relations.
This chart (from AT&T) is admittedly a bit dated, but it gives you the idea of where mobile data traffic has come from. While the next 10 years certainly won't see the exponential growth we saw over the last 10, American Tower expects 30% compounded annual data growth in the US as part of its "10-year plan."
