Dividend Champions with fastest 10 year dividend growth originally published at "long-term-investments.blogspot.com". Dividend Champions are popular because of their long payment history. They increased dividend payments each year over a period of more than 25 years without an interruption.
In my view it's for every high-quality stock possible to manage a 50 year dividend growth. The only requirement is a stable growing business with a high degree of self-financing. So, the only big difference between the longest dividend growers is the rate of the dividend growth. There are fast growing stocks and slow hikers. Which should you buy?
If you want to make money with dividend growth stocks, you need fast growth but it makes only sense to purchase them for an acceptable price. What return will you make when you pay a price that is 100 times of the expected earnings?
Today, I like to screen the investment category "Dividend Champions" by stocks with the highest rate of dividend growth over the recent 10 years. Linked is a full list of the top 20 champs with a double-digit dividend growth. Fourteen of the results 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 19.19 and forward P/E ratio is 14.91. The dividend yield has a value of 2.09 percent. Price to book ratio is 3.84 and price to sales ratio 2.23. The operating margin amounts to 18.01 percent and the beta ratio is 1.0. Stocks from the list have an average debt to equity ratio of 0.52.
Related stock ticker symbols:
NUE, MCD, WEYS, AFL, PEP, WMT, MSA, MDT, WAG, TGT, BDX, EV, TROW, RLI, LOW, RAVN, GWW, DCI, SIAL, BEN