Have you ever found yourself attracted to stocks with consistent dividend growth? There may be good reason. Looking at dividend histories, it is apparent that there is more to these stocks than just the obviously increasing yield. Companies that grow their dividends are sometimes a good arbitrage bet to start the year well, as they can quickly grow when following a certain pattern. In this original and previously unpublished 6-year study, stocks with constantly growing dividends proved to be an unabashed arbitrage value when conforming to that pattern. The success rate was over 80% and the per annum returns averaged more than 137%.