Bargains from the International Dividend Achievers Index originally published at "long-term-investments.blogspot.com". If you like to make money with dividend stocks or you are a dividend growth investor, you should have a quiet overview of the best dividend paying stocks from abroad.
Sure I know that you can enumerate all Dividend Achievers from the United States. Those stocks have raised their dividends over a period of 10 consecutive years. But if you should do the same with European stocks, you would fail.
What is different compared to U.S. Dividend Achievers? The effort in dividend growth is lighter. Stocks need to increase dividends uninterrupted by 5 years or more. Stocks could must be incorporated outside the U.S. but must be listed on a U.S. or U.K. Stock Exchange.
Why is dividend investing so important? I am a private trader and made most of my wealth though trading of high-quality dividend growth stocks. Over the recent 10 years, I made around 1/3 of my performance with dividend payments.
Today I try to find some really cheap stocks below the International Dividend Achievers. The forward P/E should be under 10. Only 16 of 51 stocks meet these criteria. Eleven of them are currently recommended to buy.
Here is the full table with some fundamentals:
Take a closer look at the full list of cheap International Dividend Achievers. The average P/E ratio amounts to 10.36 and forward P/E ratio is 8.20. The dividend yield has a value of 3.30 percent. Price to book ratio is 1.63 and price to sales ratio 1.63. The operating margin amounts to 21.54 percent and the beta ratio is 0.88. The average stock from the screening results has a debt to equity ratio of 0.65. If you like you can get a full Fact Book of the International Dividend Achievers Index here.
Related stock ticker symbols:
VOD, AZN, DEG, STO, BTI, SNY, PRE, AXS, TEVA, SU, NE, BG, RNR, VALE, TEF, DCM