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Quality Stocks
September has not been a good month for equities during the last few years, 2023 was no exception. The SPDR S&P 500 Trust ETF (SPY) fell by 4.74% last month, in 2022 it
My Top 15 High Growth Dividend Stocks For October 2023
Summary
- September has historically been a bad month for equities, with the SPDR S&P 500 Trust ETF and Vanguard's Dividend Appreciation ETF both posting losses during the last 4 Septembers.
- The top 15 dividend growth stocks for October offer an average dividend yield of 1.94% and appear to be about 35% undervalued based on dividend yield theory.
- Since inception, September 2020, the watchlist is outperforming VIG by 2.92% and SPY by 2.34%, on an annualized basis.
I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CI, DPZ, MCHP, MPWR, MSCI, SCHW, SSNC, SWKS, TSCO, TXN, WRB, ZTS 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.
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