Dividend Champions Smackdown III: Low Prices

In previous installments of the Smackdown series, I screened the Dividend Champions list of companies that have paid higher dividends for at least 25 straight years (which can be found here) starting with companies whose latest increase was by 10% or more (in June) and those with the highest yields (in July). This month, I decided to focus on companies with the lowest prices first, hoping to highlighted some undervalued stocks. We know that a stock's absolute price doesn't necessarily equate to “bargain” status, but it's also clear that lower-priced stocks do attract many investors (and traders), who provide some upside momentum. Naturally, it's important to screen for other positive qualities, especially if we are looking for stocks that can be accumulated over the long term. So I screened as follows:Step1: Sort the companies by price, from low to high. This gave me a group of 15 companies whose July 30 price was $25 or lower. I eliminated two of these that hadn't increased their dividend in the past year.... Read more