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 have often been asked to name my best idea by people who have not heard much about me apparently. Regular readers know that I am a very b...
-
As a dividend growth investor, I have owned shares in major tobacco companies such as Altria (MO) , Phillip Morris International (PM) and B...
-
I am a buy and hold dividend growth investor. This means that I build my portfolio patiently. It also means that I rarely sell. I buy stocks...
-
As part of my monitoring process, I review the list of dividend increases every week. This exercise helps me monitor the progress of existi...
-
I review the list of dividend increases every week, as part of my portfolio monitoring process. I leverage several of my dividend investing ...
-
My monitoring process involves reviewing notable information for companies on my watchlist and companies on my portfolio. A fairly significa...
-
Terry Smith is a British fund manager, who has an impressive track record over the past decade at the fund he founded, Fundsmith. Some call ...
-
In my previous article, I discussed in brief how I come up with investment ideas . I also wanted to share with you my general philosophy on ...
-
There were 62 dividend increases last week. Last week was the busiest week for dividend increases since February 2020 . This was right befor...
-
As an investor, I follow a very simple model. I look for companies that have a track record of annual dividend increases, supported by earn...
