65 Reliable 40-Year Dividend Boosters: The August Report
Seeking AlphaDividend Quick Picks65 Reliable 40-Year Dividend Boosters: The August ReportAug. 5, 2020 10:19 AM ET|| Includes: BEN, CCC, CTBI, ED, FRT, ITW, KO, LEG, MDT, MO, NFG, NWN, TDS, UBSI, UVV, WBAby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryDrip Investing lists over 800 stocks that have annually-increased dividends for five-years or more. These 65 stocks boosting 40yrs+ were parsed from Drip's Champions list of 136 posted 7/31.
These 65 select dividend stocks ranged 0.80% to 8.53% in annual yield and ranged -11.58% to 45.17% in annual price target upsides per brokers sampled 8/3/20.
Top Ten 40+ Year reliable dividend stocks boasted net gains from 14.7% to 47.7% for August.
$5k invested in the lowest-priced five of ten top-yield 40+Year reliable dividend dogs showed 30.31% LESS net-gain than from $5k invested in all ten. Bigger higher-priced reliable stocks led the 40+ yearly boosted dividend pack by a mile.
Foreword
This article is based on the monthly lists of Champions, Contenders and Challengers (CCC) posted on dripinvesting.org and maintained by Justin Law.
Any collection of stocks is more clearly understood when subjected to yield-based (dog catcher) analysis, these CCC lists are perfect for the dogcatcher process. Here is the June 30 data for 64 longest annually increasing dividend stocks in the Champion-documented collection from updated data from YCharts as of August 3.
The Ides of March plunge of the stock market devastated the Champion prices. However, none as yet has suspended or reduced dividend payouts. In fact, the drop in prices of 8 of the top 40 (listed by yield) reliable 40 Yr + boosters made the possibility of owning productive dividend shares from this collection more viable for first-time investors in May.
In June, however, after ADM and NFG prices recovered to near their jumping off points, only six remained as "good buys"... Read more