Dividend Champions Smackdown XVI
In previous installments of the Smackdown series, I have screened the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years (which can be found here) using factors such as yield, payout ratio, and dividend growth rate, and then did separate screens on Dividend Contenders (10-24 years of higher dividends) and Challengers (5-9 years). This month, I'm starting the Smackdown by focusing on a new column that was added in the latest update. For an explanation of how I calculate the Estimated 5-year Average EPS Growth, please refer to the latest Dividend Champions update article, which can be found here.I screened as follows:
Step 1:
After eliminating companies that had not increased their dividend in more than a year, I sorted the companies by their Estimated 5-year Annual Earnings-Per-Share Growth (column AD), high to low. After eliminating expected annual EPS growth rates of... Read more