The companies listed here are the highest rated stocks from the watch list of quality dividend growth income companies, based on data from the prior month.
April 2023 Update
Ticker | Div Years | Div Yield | % Undervalued | P/FCF | P/E |
UFPI | 10 | 1.3% | 36% | 15.1 | 7.2 |
SNV | 10 | 5.1% | 57% | 3.9 | 6.0 |
WSM | 18 | 3.0% | 30% | 7.5 | 7.4 |
CE | 13 | 2.6% | 25% | 16.5 | 6.3 |
TSN | 11 | 3.2% | 45% | 10.9 | 8.8 |
See how prior month picks have performed here.
The companies listed below have the highest 10 year average dividend growth rate among companies that have continuously raised their dividend each year for at least 10 years. A consistently high dividend growth rate means a larger income each successive year.
Ticker | 10 year DGR | Most Recent | Current Yield | 5 year Payback |
CTO | 60% | 2% | 9.0% | 46% |
TPL | 49% | 8% | 0.8% | 5% |
HII | 47% | 5% | 2.4% | 15% |
VMC | 45% | 8% | 1.0% | 6% |
ZION | 44% | 8% | 5.5% | 28% |
*DGR = Dividend Growth Rate; YoC = Yield on Cost
The companies listed below have paid out a continually increasing dividend for the past ten years, and have been accelerating their dividend growth rate each year. The previous 5, 3, and 1 year time frames are each successively higher growth rates.
Ticker | Most Recent | 1 Year DGR | 3 Year DGR | 5 Year DGR | 10 Year DGR |
DDS | 33% | 23% | 21% | 21% | 15% |
PH | 29% | 26% | 14% | 14% | 12% |
LLY | 15% | 15% | 15% | 14% | 7% |
VALU | 14% | 11% | 7% | 6% | 5% |
TRI | 10% | 10% | 7% | 5% | 3% |
Why Should You Care About Dividend Growth Rate?
Many investors focus on the current yield when evaluating a stock, but neglect the growth rate of the dividend. The faster a dividend grows, the more income that will be generated each year. Even more importantly, the additional income impacts the ability to compound returns at an exponential rate.
There are no guarantees in the investment world. The companies and information presented are only an opinion based on market research. You are responsible for your own money and research. Modelling is susceptible to errors, you are responsible for doing your own due diligence before making investment decisions.
While I have used reasonable efforts to obtain information from reliable sources, I make no guarantees or warranties as to the accuracy, reliability, or completeness of third party information presented herein. The sole purpose of this analysis is information. Nothing presented herein is, or is intended to constitute investment advice. Consult your financial advisor before making investment decisions.