3 Market-Leading Dividend Growth Stocks

Equity markets have felt like a roller coaster this spring and summer, with major US indices bouncing between technical highs and lows. While we continue to trade in a broad range, I thought it would be helpful to identify dividend stocks that have bucked the trend and have show relative strength over the past three, six, and 12 months. I started with the US Dividend Champions and Contenders as compiled by DRIP Investing. Dividend Champions are stocks which have raised their dividends for at least 25 consecutive years and Contenders have raised dividends for the past 10-24 years. This differs from my High Yield/High Momentum strategy, which simply looks for the highest-yielding high momentum stocks in the S&P 500. The objective here is to find stocks with a history of dividend increases, which is an indication of managements commitment to rewarding shareholders via their dedication to dividend payments. I then... Read more