Cheap Dividend Aristocrats with buy or better ratings originally published at long-term-investments.blogspot.com. Dividend Aristocrats are some of the best dividend income growth stock you can buy at the market. Those stocks have raised their cash distributions to shareholders over a period of more than 25 years without a break. For sure it's no guarantee to receive a higher dividend next year but the possibility of a dividend hike is very high.
I wrote recently that high quality stocks are also highly priced and the Dividend Aristocrats are definitely highly priced. It's very hard to find real bargains and to receive a good long-term total return.
Today I would like to give you an update of the most recommend stocks from the Dividend Aristocrats Index with some fundamentals. 29 of 54 companies from the index have a current buy or better rating and nearly half of the results still have a low forward P/E of less than 15. That's very interesting because all of the 20 most recommended Dividend Aristocrats have positive earnings per share predictions for the mid-term - in average 10.14 percent.
Below is a list of the 20 highest recommended Aristocrats with a detailed look of the 3 cheapest results.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 19.07 and forward P/E ratio is 15.02. The dividend yield has a value of 2.28 percent. Price to book ratio is 5.24 and price to sales ratio 2.37. The operating margin amounts to 19.02 percent and the beta ratio is 0.96. Stocks from the list have an average debt to equity ratio of 0.84.
Related stock ticker symbols:
CAH, ECL, PNR, PPG, VFC, MHFI, NUE, KO, CVX, DOV, PG, PEP, TGT, TROW, WMT, ABBV, AFL, BEN, MCD, MDT