My Top 15 High Growth Dividend Stocks For November 2023

Nov. 03, 2023 3:51 AM ET, , , , , , , , , , , , , ,

Summary

  • The SPDR S&P 500 ETF posted its third consecutive losing month in October, the first time this has happened since I started tracking this series in September 2020.
  • The top 15 dividend growth stocks for November offer an average dividend yield of 1.90% and appear to be about 40% undervalued based on dividend yield theory.
  • Since inception, September 2020, the watchlist is outperforming VIG by 1.49% and SPY by 1.18%, on an annualized basis.

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Quality Stocks

The SPDR S&P 500 ETF (SPY) fell for a third consecutive months in October, dropping by 2.17%. Since I started tracking this series in September of 2020, this is the first time we have seen three consecutive months

This article was written by

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, LOW, MCHP, MPWR, MSCI, ROL, 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.

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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Related Stocks

SymbolLast Price% Chg
CI--
The Cigna Group
DPZ--
Domino's Pizza, Inc.
LOW--
Lowe's Companies, Inc.
MCHP--
Microchip Technology Incorporated
MPWR--
Monolithic Power Systems, Inc.

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