The 6 Best Dividend Aristocrats To Buy For 2020
The S&P 500 is once more back to record highs, as has been the case 34% of the time since 1945. The broader market is 14% to 24% overvalued.
Short-term pullback/correction risk is very high, so good risk management is more important than ever.
PII, MDP, CAT, GD, GWW, and MO represent the six best dividend aristocrat/kings/champions you can buy for 2020 and well beyond.
This article walks you through how I screen for dividend growth streak, valuation, return on capital (quality), and PEG to arrive at these six names.
Annual rebalancing is the optimal long-term strategy for enjoying both strong income/total returns BUT also managing risk over time.
I'm breaking out the intro for the weekly series into a revised introduction and reference article on the 3 rules for using margin safely and profitably (which will no longer be included in those future articles).
To minimize reader confusion, I will be providing portfolio updates on a rotating bi-weekly schedule. This means an update every two weeks on:
7 High-Yield Stocks I'm Buying For My Retirement Portfolio In This Red-Hot Market I'm Buying 3 Of These 5 Amazing Dividend Stocks For My Retirement Portfolio: (My "What I'm Buying Next" series), which shows how I screen the Dividend Kings Master List for the best stocks to buy in any given week The best dividend Kings and Aristocrats to buy now (this article) will become a monthly series that screens for all dividend stocks with 25+ year dividend growth streaks based on various investor needs (growth, yield, quality, etc.).
I've also broken out the "Why Valuation ALWAYS Matters" intro to this series.
The Market Is At All-Time Highs But There's Always A Great Aristocrat To Buy
Just because the market is at all-time highs doesn't mean market timing is reasonable.
(Source: UBS)
Stocks are always climbing the wall of worry, ignoring supposedly "major" events and "crises" that pundits proclaim could lead to the next great market... Read more