I'm a dividend growth investor but not in the sense that most investors would consider to be dividend growth stocks. I prefer owning companies that are still considered young growth stocks that are in the early stages of growing dividends. I would rather own a company like Costco over Wal-Mart, YUM over McDonalds or even a company like Monsanto or Post Holdings versus Kellogg or General Mills. Don't get me wrong, I don't mind sprinkling in companies like WMT, PG, GIS, K, and so on into my portfolio but only if they are selling at very, very, very cheap valuations. If those blue-chip stocks are not selling at a discount then I would just much rather stick with companies like YUM, COST, PM, MON, CVS, POST, etc. I don't ...More mind paying up for the growth since I believe that I get more bang for my money in the long run versus overpaying for a blue-chip. Happy investing everyone.
Invest4Dividends