The highest yielding dividend contenders originally published at "long-term-investments.blogspot.com". Dividend growth is very important for your wealth building strategy. Only a growing passive income allows you to quit your job in earlier years or to improve your retirement age.
Today I like to show you some of the best yielding dividend growth stocks with a history of growing dividends for 10 to 25 years. They are also named "Dividend Contenders". Exactly 184 companies have fulfilled these criteria. Linked is a table of the 10 highest yielding stocks. All have a yield over five percent and three of them are currently recommended to buy.
Oil and gas pipeline stocks dominating the results. They've seen a real boom within the recent years and should go on but I have ever warned for the high debt and inflexible of the business model.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 30.21 and forward P/E ratio is 20.00. The dividend yield has a value of 7.15 percent. Price to book ratio is 2.54 and price to sales ratio 4.04. The operating margin amounts to 27.75 percent and the beta ratio is 0.60. Stocks from the list have an average debt to equity ratio of 1.01.
Related stock ticker symbols:
VGR, NRP, NS, BPL, ARLP, JCS, TCP, KMP, OHI, ODC