Dividend growth stocks with strongest growth at low market price ratios originally published at "long-term-investments.blogspot.com". Dividend Contenders are the next class of Dividend Champions. Contenders raised dividend payments over a period of 10-25 years without a break. Most of them have a huge potential to become a solid Dividend Champion.
The advantage of Contenders is that they are not in a main focus of many investors because of their smaller capitalization or lower media presence. As a result, we can often discover some high quality dividend growth stocks at a lower price.
I made a screen of all 189 Contenders and selected those with an expected earnings growth of more than 10 percent as well as low forward P/E ratio of less than 15. Exactly 20 companies fulfilled my criteria of which seventeen are currently recommended to buy.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 14.81 and forward P/E ratio is 11.97. The dividend yield has a value of 1.85 percent. Price to book ratio is 2.62 and price to sales ratio 1.58. The operating margin amounts to 15.24 percent and the beta ratio is 1.15. Stocks from the list have an average debt to equity ratio of 0.53.
Related stock ticker symbols:
NTT, BANF, NSC, CAH, UTX, DGICB, CAT, MUR, NUS, PII, CNI, CVS, QCOM, LECO, CNQ, ANDE, MATW, VMI, FDX, AAN