Briton Ryle, dividend expert and editor of The Wealth Advisory, continues to recommend a real estate investment trust that operates data center facilities, serving network operators and cloud providers.

CoreSite Realty (COR), our Internet royalties stock holding, has been a great performer for us. In each of the last three quarters, CoreSite has pulled off the earnings trifecta: it has beaten earnings expectations, beaten revenue expectations, and raised guidance going forward.

That's the mark of a very well-managed company and CoreSite is one of maybe five companies on the entire stock market to operate this well. And it's about to get even better for CoreSite and its shareholders.

CoreSite recently announced a 26% hike to its dividend. The annual payment is jumping from $1.68 a share to $2.12. This higher payment will be available to everyone who owns the stock as of December 31.

CoreSite prides itself on making big additions to its dividend payment. This is the fifth year in a row that CoreSite has made a +10% addition to the dividend. That's a trend we can all certainly get used to...

Dividends that grow are an integral part of compounding your investment returns. If you reinvest your dividends in a company whose dividend is rising 10% a year, you will double the payment you receive in a little over six years. And you'll triple the payment in ten years...

Of course, CoreSite is raising its dividend greater than 10% a year. That just means you can double or triple your dividend income quicker.

Right now, analysts think CoreSite's earnings will grow 15% a year for the next five years. And earnings growth is a good indicator for dividend growth.

So if we redo the calculations using 15% a year dividend growth, your payments will double in five years...they'll triple in seven years...and ten years from now, those payments will nearly quintuple.

And of course, these calculations don't take any share price gains into account. I first recommended CoreSite at $33 a share. It's $58 today.

This is how fortunes are made over time. And there's only one thing that can get in your way, not owning a quality stock that raises its dividend consistently.

CoreSite is a great choice for long-term dividend growth. It is a very well-run company. It's in a great sector that's going to keep growing as more and more business and entertainment is done online.

In addition, it has prime real estate that will keep it a top choice for its customers. There's plenty of upside for CoreSite ahead.

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