May's 5 Dividend Growth Stocks With 6.08%+ Yields

Summary

  • May started off on a bit of a sour note, with the broader indexes giving up some of their gains.
  • Declining prices have helped push up dividend yields across the board as share prices fall.
  • This month there was a heavy focus on energy names as five different names screened highly on the list; we touch on three of them today.
  • This idea was discussed in more depth with members of my private investing community, Cash Builder Opportunities. Learn More »

Financial and business background for Stacking of money coins. Savings and Accounts, Finance Banking Business Concept Ideas, Investments, Funds, Bonds, Dividends and Interest.

Mongkol Onnuan

Written by Nick Ackerman. This article was originally published to members of Cash Builder Opportunities on May 4th, 2023.

Dividend growth stocks aren't always the most exciting investments out there. They often aren't grabbing the headlines; they aren't the stocks

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This article was written by

Cash Builder Opportunities (aka Nick Ackerman) is a former fiduciary and a registered financial advisor with 14 years of investing experience.

He is the leader of the investing group Cash Builder Opportunities, where his specific focus is on closed-end funds, dividend growth stocks, and option writing as an attractive way to achieve income. He shares model portfolios and research to help investors make better decisions, via his Investing Group’s active chat room.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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