12 Oversold Stocks with High Dividend Growth Rates
A fast-growing dividend is often desirable because it indicates recent increases in profitability, as well as a source of income that may continue to grow. As long as the dividend yield does not become unsustainably high, companies with healthy dividend growth are often attractive investments for income. Here we present 12 companies that are technically oversold, with RSI (14) < 40. These stocks have all seen dividend growth over the past 5 years in excess of their industry averages.click for expanded image Do you think these dividends will continue to grow? Use this list as a starting-off point for your own analysis. List sorted by difference between company 5-year dividend growth rate and industry average. 1. CSX Corp. (CSX): Railroads Industry. Market cap of $27.36B. RSI(14) at 37.14. Dividend yield at 1.93%. 5-year dividend growth rate at 35.44% vs. industry average at 3.84%. After a solid performance over the... Read more