Earlier this week, I shared with you a list of 24 dividend champions, which I believed to be worthy for further research. These companies are attractively valued, have each managed to grow distributions for at least a quarter of a century. In addition, their dividends are secure, being raised by dependable earnings growth.
Today, I am going to delve into the list of dividend contenders. A dividend contender is a company, which has managed to grow dividends for at least a decade (but far less than 25 years). There are currently 220 dividend contenders. If you add in the list of dividend champions, we have 335 companies in the US, which have managed to grow dividends every single year for at least a decade.
This is a solid starting point for any serious dividend investor, who is looking for a group of quality companies for further research.
To create the list I shared with you today, I went through the following process:
1) Obtained the list of dividend contenders from dripinvesting.org
2) Dump it into a Yahoo! Finance custom portfolio that I downloaded to excel.
3) Remove companies where trailing P/E ratio was below 20
4) Removed companies where the dividend payout ratio was above 60%
5) Added information for the 5 and 10 year annual dividend growth rates
As a result, I came up with 65 dividend contenders for further research.
Continue Reading >>>
Popular Posts
-
I track the dividend investing universe for dividend increases every single week. This exercise helps me monitor existing holdings, and pote...
-
I review the list of dividend increases weekly, in an effort to monitor the existing dividend growth investing universe from a different ang...
-
You've probably seen this chart, comparing the returns of the "average investor" to that of various other asset classes. The c...
-
I review the list of dividend increases every week as part of my monitoring process. Dividend increases provide very good signaling power. T...
-
As part of my review process, I evaluate dividend increases every week. This process helps me to see how my portfolio holdings are doing. ...
-
One of the best reads is " Agony & Ecstasy " by JP Morgan from 2014. It found that 40% of all stocks experienced catastrophic...
-
Note: Article was originally posted in August 2020 The Dow Jones Industrials average is the oldest continuously updated stock index in the U...
-
Welcome to my latest weekly review of dividend increases. As part of my monitoring process, I review dividend increases that occured over ...
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
Some of the best companies in the world are part of the Dividend Aristocrats list, published by S&P. Corporations that have consistently...
