Best in Breed Dividend Stocks: Core Holdings for the Long-Term Investor, Part 2

In the first installment of "Best in Breed Dividend Stocks," we discussed what constitutes a best in breed dividend stock. Without regurgitating the entire article, the key investment metrics I focus on are: Consistent Long Term Dividend Payments, Dividend Growth Rate, a low Dividend Payout Ratio, above average Return on Equity, above average Sustainable Growth, and a Durable Competitive Advantage. In this installment we will be covering three more sectors: Technology, Industrial, and Consumer Discretionary.Other than Consumer Discretionary, finding reliable dividend stocks in these sectors is somewhat challenging. Technology companies are not known for their lofty dividend payouts, as they often use capital for research and development and acquisitions. As the technology sector has matured, a few companies have created enough of a competitive moat to begin returning capital to share holders. Industrial companies tend to be cyclical in nature, making future earnings difficult to predict. Thus, dividends are often inconsistent or nonexistent.... Read more