Mittwoch, 22. Mai 2024

20 Dividend Growth Stocks to Watch

 Investors seeking dividend growth often look for companies that not only provide reliable income but also exhibit strong potential for future growth. To identify such stocks, I conducted a detailed screen with a focus on future growth prospects. The criteria included:

  • Earnings per Share (EPS) Growth: Minimum of 5% annually for both the past and next five years.

  • Revenue Growth: Minimum of 5% annually for the past five years.

  • Debt-to-Equity Ratio: A solid debt position with a ratio of 0.5 or lower.

  • Payout Ratio: A sustainable payout ratio of around 40%.

  • Market Capitalization: At least $2 billion to ensure stability and market presence.

From this rigorous screening, two standout stocks emerged: Costco Wholesale Corporation (COST) and The Travelers Companies, Inc. (TRV). Let's delve deeper into why these two companies are exceptional choices for dividend growth investors.



Check out more screens here