15 Of 39 Kiplinger/Analyst Favorite October Dividend Treats
Seeking AlphaDividend Strategy15 Of 39 Kiplinger/Analyst Favorite October Dividend TreatsOct. 25, 2020 6:52 AM ET|| Includes: ABBV, BKR, C, CFG, COP, CVX, DVN, EOG, EPD, FANG, MPC, PSX, VLO, WMBby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryIn October and July Kiplinger Today listed Analyst and Kiplinger favorite dividend stocks. Analyst October favorites numbered 25, plus 15 from Kiplinger, with one repeated left 39 total.
These 39 stocks ranged 1.50% to 10.11% in annual-yield and ranged 2.49% to 87.04% in one-year price-target-upsides per brokers 10/22/20.
The top-ten Kiplinger/Analyst Dividend Favorite stocks boasted net gains from 45.62% to 90.98% from C, BKR, EPD, PSX, VLO, MPC, COP EOG, DVN, and FANG. Energy ruled the top tier.
Prices of 15 of these 39 Analyst and Kiplinger Favorites (listed by yield) made the possibility of owning productive dividend shares from this collection more viable for first-time investors.
$5k invested in the lowest-priced five of ten top-yield Kiplinger Outstanding Dividend dogs showed 0.95% LESS net-gain than from $5k invested in all ten. Bigger, higher-priced, stocks barely led the 'Kiplinger/Analyst Favorites' pack this month.
Foreword
This article is based on two Kiplinger investing articles, aimed at identifying the Wall Street and Kiplinger favorite dividend stocks.
The Kiplinger Dividend 15, by Ryan Ermey, published 7/6/20, "We divided these payers into three categories: stocks with a long history of stable dividends, stocks with the potential for rapid growth in their payouts, and high yielders."
25 Dividend Stocks the Analysts Love the Most, by Dan Burrows published 10/14/20, "To find analysts' favorite dividend stocks, we scoured the S&P 500 for dividend stocks with yields of more than 3%, excluding a number of extremely high yielders because of excessive risk. (Sometimes, a too-high yield can be a... Read more