Retirement Strategy: An Obvious Future Dividend Aristocrat, But It Is Too Expensive To Buy Right Now

Seeking AlphaRetirementRetirement Strategy: An Obvious Future Dividend Aristocrat, But It Is Too Expensive To Buy Right NowJul. 10, 2020 9:15 AM ET|| Includes: AAPL, ABBV, ABT, ADM, ADP, AFL, ALB, AMCR, AOS, APD, ATO, BDX, BEN, BKDKP, CAH, CARR, CAT, CB, CINF, CL, CLX, CTAS, CVX, DOV, ECL, ED, EMR, ESS, EXPD, FRT, FRT.PC, GD, GPC, GWW, HRL, ITW, JNJ, KMB, KO, LEG, LIN, LOW, MCD, MDT, MKC, MKC.V, MMM, MSFT, NUE, O, OTIS, PBCT, PBCTP, PEP, PG, PNR, PPG, ROP, ROST, RTX, SHW, SPGI, SWK, SWP, SYY, T, T.PA, TBB, TBC, TGT, TROW, VFC, WBA, WMT, XOMby: Regarded SolutionsRegarded Solutions Portfolio strategySummaryDividend growth investors need to look ahead for a continuous reliable income stream.
Many of today's Dividend Aristocrats will continue into the future but adding obvious stocks now, prior to aristocrat eligibility, will pay off over the years.
There are a few obvious stocks that should be considered, but a great one is too expensive to buy right now!
As dividend growth investors for a more secure financial future and retirement, we can't just expect all aristocrats of today will go on forever. Don't misunderstand; most great companies will continue to flourish and supply our income stream. But by adding the most obvious future aristocrats now, an investor can grow right along with that company's salad years.
Companies that aggressively raise their dividends now should not only grow your income stream, but be the foundations of your entire plan. I don't have a crystal ball, but if I dig beneath the surface of a stock - into its cash flow, cash reserves, company value, and a few other obvious areas - I should be able to make an educated suggestion for the future.
2020 Dividend Aristocrats And Kings
As of 2020 there are 66 Dividend Aristocrats and kings, but it is more than difficult to focus on some that might drop off the list:
Consumer Staples Archer-Daniels-Midland (ADM) | [5/3/20] Amcor (AMCR) | [5/24/20] Brown-Forman (BF-B) | [6/10/20]... Read more