10 Undervalued Dividend Growth Stocks: March 2025

This monthly article series identifies 10 Undervalued Dividend Growth Stocks for further research and possible investment.

I present the top-ranked candidates based on quality scores. These high-quality, undervalued dividend growth stocks are candidates for your dividend growth portfolio.

As always, I recommend doing your own analysis before investing in these stocks.

This month, I'm presenting the ten top-ranked undervalued dividend growth stocks yielding at least 4%.

March 2025 Newsletter

Welcome to the MARCH edition of my DivGro 2.0 newsletter!

As usual, I provide a quick market recap and an overview of my DivGro portfolio (as of 28 February 2025).

In February, I opened eleven new positions and closed twelve existing positions, so DivGro now contains 89 positions. Of these, 71 are dividend growth [DG] stocks, seven are closed-end funds, and two are dividend-paying stocks. By convention, only stocks with five-year or longer dividend increase streaks are considered DG stocks.

Oracle Dividend Increase

On 10 March, Oracle (ORCL) increased its dividend by 25%, from 40¢ to 50¢ per share.

 
The dividend is payable on 23 April to shareholders of record on 10 April. 

ORCL's forward yield is 1.39% at $143.70 per share.

Applied Materials Dividend Increase

On 10 March, Applied Materials (AMAT) increased its dividend by 15%, from 40¢ to 46¢ per share.

 
The dividend is payable on 12 June to shareholders of record on 22 May. 

AMAT's forward yield is 1.25% at $146.79 per share.

General Dynamics Increase

On 5 March, General Dynamics (GD) increased its dividend by 5.63%, from $1.42 to $1.50 per share.

 
The dividend is payable on 9 May to shareholders of record on 11 April. 

GD's contribution to DivGro's projected annual dividend income will increase by $20.80 to $390.

The Dividend Aristocrats Ranked By Quality Scores: March 2025

The S&P 500 Dividend Aristocrats Index contains 69 dividend growth stocks, which are called the Dividend Aristocrats. With a few exceptions, the Dividend Aristocrats are S&P 500 companies that have paid higher dividends every year for 25 or more years. 

In this article, I rank the Dividend Aristocrats by quality scores, categorizing them into undervalued and overvalued stocks.

I consider stocks undervalued if they pass two valuation screens.

February 2025 Newsletter

Welcome to the FEBRUARY edition of my DivGro 2.0 newsletter!

Once again, this edition is a shortened version of the usual format to ensure continuity. I'm publishing it in the nick of time, as February only has 28 days in non-leap years!

In January, I reopened a position in Hormel Foods (HRL) and added shares to NIKE (NKE) due to options assignments. Additionally, I opened ten small positions in growth stocks, continuing last year's theme of increasing DivGro's total return prospects.

DivGro now contains 90 positions.

Sempra Dividend Increase

On 25 February, Sempra (SRE) increased its dividend by 4.03%, from 62¢ to 64.5¢ per share.

The dividend is payable on 15 April to shareholders of record on 20 March. 

SRE's contribution to DivGro's projected annual dividend income will increase by $20 to $516.

Home Depot Dividend Increase

On 25 February, Home Depot (HD) increased its dividend by 2.22%, from $2.25 to $2.30 per share.

 
The dividend is payable on 27 March to shareholders of record on 13 March. 

HD's contribution to DivGro's projected annual dividend income will increase by $14 to $644.

10 Undervalued Dividend Growth Stocks: February 2025

In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. 

This month, I'm presenting the ten top-ranked undervalued dividend growth stocks with projected dividend growth rates of 6% or higher and 5-year yield on cost projections of at least 4%. 

I own only three of the ten candidates in my DivGro portfolio.

Coca-Cola Dividend Increase

On 20 February, Coca-Cola (KO) increased its dividend by 5.15%, from 48.5¢ to 51¢ per share.

 
The dividend is payable on 1 April to shareholders of record on 14 March. 

KO's contribution to DivGro's projected annual dividend income will increase by $30 to $612.

Realty Income Dividend Increase

On 19 February, Realty Income (O) increased its monthly dividend by 1.52%, from 26.4¢ to 26.8¢ per share.

The dividend is payable on 14 March to shareholders of record on 3 March. 

O's contribution to DivGro's projected annual dividend income will increase by $12 to $804.

RLI Dividend Increase

On 13 February, RLI (RLI) increased its dividend by 3.45%, from 14.5¢ to 15¢ per share.

 
The dividend is payable on 30 March to shareholders of record on 28 February. 

RLI's contribution to DivGro's projected annual dividend income will increase by $4.80 to $144.

NextEra Energy Dividend Increase

On 14 February, NextEra Energy (NEE) increased its dividend by 10%, from 51.50¢ to 56.65¢ per share.

 
The dividend is payable on 17 March to shareholders of record on 28 February. 

NEE's contribution to DivGro's projected annual dividend income will increase by $72.10 to $793.10.

Tractor Supply Dividend Increase

On 13 February, Tractor Supply (TSCO) increased its dividend by 4.55%, from 22¢ to 23¢ per share.

 
The dividend is payable on 11 March to shareholders of record on 26 February. 

TSCO contribution to DivGro's projected annual dividend income will increase by $15 to $345.

Public Service Enterprise Group Dividend Increase

On 11 February, Public Service Enterprise Group (PEG) increased its dividend by 5.00%, from 60¢ to 63¢ per share.

 
The dividend is payable on 31 March to shareholders of record on 10 March. 

PEG's contribution to DivGro's projected annual dividend income will increase by $18 to $378.

Intercontinental Exchange Dividend Increase

On 6 February, Intercontinental Exchange (ICE) increased its dividend by 6.67%, from 45¢ to 48¢ per share.

 
The dividend is payable on 31 March to shareholders of record on 17 March. 

ICE's contribution to DivGro's projected annual dividend income will increase by $12 to $192.

Archer-Daniels-Midland Dividend Increase

On 4 February, Archer-Daniels-Midland (ADM)  increased its dividend by 2%, from 50¢ to 51¢ per share.

 
The dividend is payable on 11 March to shareholders of record on 18 February. 

ADM's contribution to DivGro's projected annual dividend income will increase by $8 to $408.

Chevron Dividend Increase

On 31 January, Chevron (CVX)  increased its dividend by 4.91%, from $1.63 to $1.71 per share.

 
The dividend is payable on 10 March to shareholders of record on 14 February. 

CVX's contribution to DivGro's projected annual dividend income will increase by $11 to $521.

Comcast Dividend Increase

On 30 January, Comcast (CMCSA) increased

  its dividend by 6.45%, from 31¢ to 33¢ per share. 

The dividend is payable on 23 April to shareholders of record on 2 April.

CMCSA's contribution to DivGro's projected annual dividend income will increase by $54 to $891.

Eversource Energy Dividend Increase

On 29 January, Eversource Energy (ES) increased

 its dividend by 5.24%, from 71.50¢ to 75.25¢ per share. 

The dividend is payable on 31 March to shareholders of record on 4 March.

ES contribution to DivGro's projected annual dividend income will increase by $45 to $903.

Black Hills Dividend Increase

On 29 January, Black Hills (BLK) increased

 its dividend by 2.16%, from $5.10 to $5.21 per share. 

The dividend is payable on 24 March to shareholders of record on 7 March.

BLK's contribution to DivGro's projected annual dividend income will increase by $11 to $521.

10 Undervalued Dividend Growth Stocks: January 2025

This monthly article series identifies 10 Undervalued Dividend Growth Stocks for further research and possible investment.

I present the top-ranked candidates based on quality scores. These high-quality, undervalued dividend growth stocks are candidates for your dividend growth portfolio.

As always, I recommend doing your own analysis before investing in these stocks.

This month, I'm presenting the ten top-ranked undervalued dividend growth stocks that yield at least 3.5%.

January 2025 Newsletter

Welcome to the JANUARY edition of my DivGro 2.0 newsletter!

I provide a quick market recap and an overview of my DivGro portfolio (as of 31 December 2024).

In December, I opened four new positions and closed three existing positions, so DivGro contained 79 positions on 31 December 2024. Of these, 68 are dividend growth [DG] stocks, three are dividend-paying stocks, and four are closed-end funds. By convention, I label stocks with dividend increase streaks of five or more years DG stocks.

Elevance Health Dividend Increase

On 23 January, Elevance Health (ELV) increased its quarterly dividend by 4.91%, from $1.63 to $1.71 per share.

The dividend is payable on 25 March to shareholders of record on 10 March.

ELV's contribution to DivGro's projected annual dividend income will increase by $22.40 to $478.80.