The Highest Quality Mid-Cap Dividend Growth Stocks
Seeking AlphaDividend Quick PicksThe Highest Quality Mid-Cap Dividend Growth StocksAug. 16, 2020 9:44 PM ET|| Includes: AWR, CBSH, CSL, DLB, DOX, GL, HUBB, IDA, ITT, JJSF, LANC, LSTR, PNW, RE, RHI, SEIC, SNA, TR, TTCby: FerdiSFerdiS Dividend growth investing, portfolio strategy, long-term horizon, valueDivGro.cls-1{fill:#024999;}SummaryMid-cap stocks are stocks of companies with a market capitalization between $2 billion and $10 billion.
I rank mid-cap stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend increase streaks of five years or more.
The ranking is done by sorting quality scores obtained from DVK Quality Snapshots and using tie-breaking metrics.
I provide quality indicators, key metrics, and fair value estimates for the 19 highest quality mid-cap stocks, and provide the tickers of 11 additional stocks as a bonus.
Mid-cap stocks are stocks of companies with a market capitalization between $2 billion and $10 billion. Historically, large-cap stocks tend to be slow-growing and relatively stable, while small-cap stocks often are fast-growing but volatile. The best mid-cap stocks fall somewhere in between: they are less volatile and have strong growth potential.
This article presents the 30 highest quality mid-cap dividend growth stocks tracked by Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend increase streaks of five years or more. I use DVK Quality Snapshots to assess quality, and rank stocks by decreasing quality scores and using tie-breaking metrics.
I present details, quality indicators, key metrics, and fair value estimates of the top 19 stocks, those with quality scores of 19-22 (rated Fine). The remaining 11 stocks each have a quality score of 18, rated Decent. I identify them in rank order by ticker, without additional details.
I happen to own two of these mid-cap stocks and they are ranked #1 and #2, coincidentally.
Personally, I'm not... Read more