A stock's dividend yield equals the
dollar value of the dividend it pays, divided into the dollar value of the
stock that pays it. When the price on that equation gets smaller, the number on
the other side of the equation gets bigger -- and the dividend yield increases.
For dividend
hunters like me, falling stock prices are good. I will only receive a higher
dividend when the company pays the same dividend in the future. Reliability is
a key issue when you put money into stocks.
The most important
figure to evaluate business stability is to look at the 10 year fundamentals of
the company. If you see earnings changes only at a small level, you might have
found a non cyclic business model with a solid dominated market position.
Most of our
long-term dividend growth stocks have such a not accounted asset. The price we
pay for this invisible value is a premium on the book value on the company
accounted assets.
Today I like to
show you some interesting Dividend Achievers, stocks with more than 10 years of
consecutive dividend growth, with attractive fundamentals.
Here are my
screening criteria:
- Beta under 0.5
- 5 Year EPS
growth predictions over 5%
- Sales of the
past 5 years grown over 5%
- Debt to equity
under 0.5
Here are the
results in detail...
