10 Dividend Growth Stocks For October 2017

David Fish maintains a list of stocks with at least five consecutive years of higher dividend payments. Colloquially called the CCC list, it contains more than 800 dividend growth stocks trading on U.S. exchanges. While the CCC list and the accompanying spreadsheet is a wonderful source for dividend growth investors, analyzing so many stocks would be nearly impossible.
My monthly 10 Dividend Growth Stocks series identifies 10 CCC stocks worthy of further research. I select stocks from the CCC list, rank them, and assign a 7-star rating to each stock. It would be too demanding to rank all the CCC stocks, so I use different screens every month to trim the CCC list to a smaller number of candidates.
Trimming the CCC List The latest CCC list (dated 9/29/17) contains 816 stocks.
With the markets trading at all-time highs, I thought it might be interesting to repeat last October's selection process, namely to focus on stocks I believe to be trading at or below fair value. First, though, I trimmed the CCC list using the screener available at the Dividend Kingdom.

The screener allows users to define one or more filters based on metrics available in the CCC spreadsheet, such as consecutive years, dividend growth rate, and dividend yield. It uploads the latest version of the CCC list to your browser's local storage so you can screen quickly. What I like about Dividend Kingdom's screener is that it uses the latest closing price instead of the end-of-month... Read more