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
-
My retirement strategy is based on living off dividends . A successful retirement strategy is dependent on the asset returns you hold in you...
-
The last two weeks have been a little turbulent. Those tariff news really seem to have spooked markets worldwide. Luckily, we are Dividend ...
-
I review the list of dividend increases as part of my monitoring process. There were 15 companies that increased dividends last week. Ten of...
-
The stock market has been turbulent the past month or so. As a dividend growth investor, I usually ignore the ups and downs of the market. ...
-
Last week, there were nine companies that raised dividends in the US. Only two of those companies have managed to raise dividends for at lea...
-
“In bear markets, stocks return to their rightful owners.” - J.P. Morgan I love this quote. It summarizes a ton of insights into a simple,...
-
Even so spoke the old farmer to his son: A cow for her milk, a hen for her eggs, and a stock, by heck for her dividends. An orchard for fru...
-
The Procter & Gamble Company (PG) provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Groomin...
-
Warren Buffett’s Berkshire Hathaway just received a dividend check for $204 million dollars from Coca-Cola. Berkshire Hathaway owns 400 mil...
-
I review the list of dividend increases every week, as part of my monitoring process. I usually focus my attention on the companies with a t...
