Dividend Aristocrats with low pay-out ratios and debt to equity ratios originally published at "long-term-investments.blogspot.com". I love dividend growth and high growth rates too. The higher the dividend payments grow the faster my passive income will grow too and improve my living standard.
Two factors with significant influence to the matter are the pay-out ratio well as the debt to equity ratio. If both ratios a low enough, it signals that there is still potential to hike the dividend by a higher rate.
Today I like to screen one of the best dividend growth categories, the Dividend Aristocrats, by stocks with the highest pay-out potential. I selected those stocks from the index with an earnings pay-out ratio of less than 30% as well as a debt to equity ratio less than 0.5.
Seven great dividend growth stocks fulfilled these criteria of which six have a current buy or better rating.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 12.36 and forward P/E ratio is 11.73. The dividend yield has a value of 2.37 percent. Price to book ratio is 2.21 and price to sales ratio 1.37. The operating margin amounts to 15.70 percent and the beta ratio is 0.92. Stocks from the list have an average debt to equity ratio of 0.26.
Related stock ticker symbols:
CVX, AFL, XOM, CAH, ITW, CB, SIAL