10 Dividend Growth Stocks For April 2021

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration. 

To rank stocks, I use DVK Quality Snapshots to determine quality scores and sort those in descending order, breaking ties with additional metrics.

This month, I screened for defensive stocks trading at favorable valuations based on my recently adopted quality/valuation screen. 

Upcoming Ex-Dividend Dates: April 13-26, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more.

The ex-dividend date of stocks is usually set one business day before the record date, the cut-off date for determining which shareholders will receive the next dividend payment. If you buy a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller will receive the next dividend. If you buy the stock before the ex-dividend date, you will receive the dividend.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

Quarterly Review Of DivGro: Q1-2021

Welcome to my 33^rd quarterly review of my portfolio of DivGro, my portfolio of dividend growth stocks! 

In quarterly reviews, I provide a summary of dividend income, dividend changes, and transactions executed in the past quarter. I also provide some charts showing various portfolio statistics. These reviews are mostly informational and help me to track progress over time.

This quarter, DivGro generated $8,887 in dividend income this quarter, or about 26% of my 2021 goal of $34,500, and I'm projecting dividend income of at least $9,030 per quarter going forward.

Options Update: March 2021

Welcome to my Options Update for March! I've been quite busy at work, but the project I've been working on is wrapping up! So I'll have a little more time to write blog articles again...

I posted my February update just a few weeks ago and reported another poor start to my options trading endeavors in 2021. January "delivered" -$1,756 in options income and February delivered a goose egg! At least I did not dig the hole I'm in even deeper in February!

I'm happy to report that March turned out to be much better! In fact, I managed to fill up the hole and build a little mound! It feels nice to make some positive strides towards my annual options goal for 2021, namely to collect at least $24,000 in options income. We'll see how it goes!

Dividend Increases: March 27-April 2, 2021

We monitor dividend changes of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on the length of the streak: Champions (25+ years), Contenders (10- 24 years), and Challengers (5-9 years).

The article provides a summary table presenting relevant data and key statistics of dividend increases. We highlight one of the stocks and present performance, valuation, and earnings charts.

This past week, five companies in Dividend Radar announced dividend increases. There were no dividend cuts or suspensions announced for Dividend Radar stocks during this period.                             

Upcoming Ex-Dividend Dates: April 9-19, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more.

We present a summary table with relevant data and key statistics, including the next payout and pay date. Additionally, we screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

Monthly Review Of DivGro: March 2021

In my monthly DivGro reviews, I provide a summary of transactions and explain how those transactions affect projected annual dividend income.

In March, I added shares to one existing position and reduced my holdings in two positions. Additionally, I opened a new position in a growth stock that does not pay dividends. Four DivGro stocks announced dividend increases in March. The net result of these changes is that PADI decreased by about 1.4% in March. Year over year, PADI increased by 17.9%.

As for dividend income, in March I received dividends totaling $4,459 from 46 stocks in my portfolio, a year over year increase of 29%. This is a new record for monthly dividend income! So far in 2021, I've collected $8,887 in dividends, or about 26% of my 2021 goal of $34,500.

The Top-Ranked Dividend Contenders

This article presents the top-ranked Dividend Contenders, which are companies listed on U.S. exchanges that have dividend increase streaks of 10-24 years. In a previous article, I presented the top-ranked Dividend Champions (25+ years), and a subsequent article will present the top-ranked Dividend Challengers (5-9 years).

I use DVK Quality Snapshots to assess the quality of dividend growth [DG] stocks. The system scores each of five quality indicators to determine a quality score out of 25 points. To rank DG stocks, I sort them by quality scores and use tie-breaking metrics, including, in order, dividend safety, credit rating, and dividend yield. 

The article presents the 74 top-ranked Dividend Champions and presents key metrics, quality indicators, and fair value estimates.

Expired Options (March 2020)

I'm trying to catch up on my options articles. I just posted an update covering February's trades and hope to post one for March soon.  

Because my options trading has increased over the last year or so, I've split my reporting up into two monthly articles, one shortly after options expiration day, covering expired options, and one after month's end, covering the remaining options trades. 

This article covers the options that were scheduled to expire on 19 March. Most of them expired, but two were assigned just prior to or on options expiration day. 

Options Update: February 2021

I'm hoping to catch up with my Options Update articles, which have suffered because I've been so busy at work... 

I posted my January update on 3 March, which normally is when I would post my February update! Well, before the month ends, I wanted to get the February update out of the way!

With my Options Update articles, I keep track of my options income, summarize trades, and provide a running tally of DivGro's options income to date. 

I also track the progress I'm making towards my annual options goal. In 2021, I'm repeating my goal of collecting at least $24,000 in options income. Last year turned out to be a challenging year for options trading and I collected only $15,009 in options income (about 63% of my 2020 goal of $24,000).

Dividend Increases: March 20-26, 2021

In this weekly article series, we provide a summary of dividend changes for stocks in Dividend Radar, an automatically generated spreadsheet listing stocks with dividend streaks of five years or more. 

Dividend Radar is published every Friday.

The article provides a summary table presenting relevant data and key statistics of dividend increases. We highlight one of the stocks and present performance, valuation, and earnings charts.

This week, only two companies in Dividend Radar announced dividend increases.

Upcoming Ex-Dividend Dates: March 30-April 12, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more. 

We present a summary table with relevant data and key statistics, including the next payout and pay date. Additionally, we screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.

10 Dividend Growth Stocks For March 2021

Welcome to the March edition of my monthly series of 10 Dividend Growth Stocks. In this series, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration. 

To rank stocks, I use DVK Quality Snapshots to obtain quality scores and sort them in descending order, breaking ties with additional metrics.

This month, I screened for investment-grade stocks trading at favorable valuations based on my recently-adopted quality/valuation screen. Essentially, this screen allows some leeway when looking at the valuation of high-quality stocks. For example, I'm willing to pay a premium of up to 10% above my fair value estimate for the highest-quality stocks (quality score of 25).

Dividend Increases: March 13-19, 2021

This article series provides a summary of dividend changes announced for stocks in Dividend Radar, a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. 

Every week, present a summary table with relevant data and key statistics of all dividend increases. Additionally, we provide a snapshot analysis of one of the stocks we think is worth considering.

This week, 13 companies in Dividend Radar decided to increase their dividends, including one of my DivGro holdings. Note there were no dividend cuts or suspensions announced for Dividend Radar stocks during this period.

Upcoming Ex-Dividend Dates: March 23-April 5, 2021

This article series provides a summary of upcoming ex-dividend dates of stocks in Dividend Radar, a weekly automatically generated spreadsheet listing dividend growth stocks with dividend streaks of five years or more. 

We present a summary table with relevant data and key statistics, including the next payout and pay date. Additionally, we screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.

I co-produce this article series with James Marino Sr. of Portfolio Insight.