5 Dividend Achievers To Gain 16.9% To 32.2% By September 2019 Per Broker Targets
Top 30 Dividend Achievers By September Yield (dividend/price) results from here September 24, verified by YCharts, for thirty stocks from eight of eleven Morningstar sectors revealed the actionable conclusions discussed below.
"The Nasdaq Dividend Achievers Index is made up of 265 stocks with 10+ consecutive years of dividend increases that meet certain minimum size and liquidity requirements. It is one of the better sources for high quality dividend growth stocks."- suredividend.com
Actionable Conclusions (1-10): Broker Targets Forecast 19.35% Average Net Gains For Ten Dividend Achievers To September 2019 Five of ten top dividend-yielding Achievers were verified as being among the top ten gainers for the coming year based on analyst 1-year target prices. (The names are tinted in the list above). Thus, this month the dog strategy for the Achievers was graded by Wall St. watchers as 50% accurate.
The following probable profit generating trades were identified by projections based on estimated dividend returns from $1000 invested in each of the thirty highest yielding stocks and their aggregate one year analyst median target prices, as reported by YCharts. Note: one-year target prices by lone analysts were not applied. Ten probable profit-generating trades projected to September 25, 2019, were:
Invesco (IVZ) was projected to net $322.34, based on dividends plus the median target price estimate from seventeen analysts, less broker fees. The Beta number... Read more