Constructing A Successful Long Term Dividend Growth Portfolio: Step 3: Forging The Frame

Overview In Step 1 of this series, I used the Dividend Aristocrats list as a starting point in building a foundation for a long term dividend growth portfolio. In Step 2, I I used Dave Fish's Dividend Champions, Dividend Contenders, and Dividend Challengers lists to select what I felt were the best utility stocks to add to a long term dividend growth portfolio at this time.
Step 3 of this series is Forging the Frame. In construction, framing refers to the fitting together of pieces to give a structure or building support and shape. In order to do this a contractor has to have the right tools and materials. The same can be true for a successful long term dividend growth portfolio. In terms of framing our portfolio I am going to be reviewing 28 different stocks from a variety of industry sectors such as Steel & Iron, Building Materials, and Machinery. All of these stocks are Dividend Champions, Dividend Contenders, or Dividend Challengers. These stocks include:
Carlisle Companies (CSL) - Rubber and Plastics Nucor (NUE) - Steel & Iron Fastenal Company (FAST) - Building Materials Cummins (CMI) - Machinery Flowserve (FLS) - Machinery Graco (GGG) - Machinery Lincoln Electric Holdings (LECO) - Machinery Kaiser Aluminum (KALU) - Aluminum Apogee Enterprises (APOG) - Building Materials Griffon (GFF) - Building Materials Fortune Brands Home & Security (FBHS) - Building Products Kennametal (KMT) - Machine Tools AZZ (AZZ) - Machinery Barnes Group (B) - Machinery Briggs... Read more