Dividend
stocks are a passion for me but most of the long-term dividend payer and grower
underperformed the market within the recent years.
However, I
maintain my strategy because I know what I own and how much return they will deliver over the long-run. I don't care about my friends and other
investor colleagues and what they might say about my boring strategy.
Toady I've screened the
market by cheap opportunities, stocks that look fundamentally cheap. It does
not mean that they perform well in the near future but they offer a good yield
with solid fundamentals which is a good seed of future crops.
My criteria are:
- Dividend growth of more than 5 consecutive years
- Debt-to-equity ratio under 0.5
- Dividend Yield above 3 percent
- Market Cap over $2 billion
- Forward P/E below 15
8 companies survived my screening. Below are the detailed stocks in review.
8 Cheap Dividend Stars you must know...