Tuesday, March 21, 2017

10 Dividend Growth Stocks For March 2017

Every month, I rank a selection of the CCC dividend growth stocks and present the top 10 ranked stocks as candidates for further research.

To introduce variation, I use different screens to trim the list of more than 800 stocks. This month I used screens favoring established dividend payers with positive earnings growth.

This month, four stocks earned 7-star ratings, while the remaining six stocks earned 6-star ratings. I consider stocks rated 5-stars or better worthy of further analysis.

David Fish maintains a list of stocks with at least five consecutive years of paying higher dividends. Colloquially called the CCC list, it contains more than 800 dividend growth stocks trading on U.S. exchanges. The CCC list and the accompanying spreadsheet is a wonderful source for dividend growth investors and I've been using it for years.

In my monthly 10 Dividend Growth Stock series, I identify 10 CCC stocks worthy of further research. To create the list, I trim the CCC list using various screens. I rank the trimmed list and assign a 7-star rating to each stock. Stocks rated 5 stars or better are worthy of further analysis.

To see the top 10 ranked stocks for February, please read this article at Seeking Alpha.

Please feel free to leave comments on this article either at Seeking Alpha or here, on my blog. I'll do my best to respond to each comment as quickly as possible.

6 comments :

  1. I think TGT will continue to show weakness. I personally know many people who will no longer shop there over their bathroom policy. These companies who try to push their political views will always alienate at least half the public.

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    Replies
    1. Thanks for your comment, Monster Income Ideas -- I think TGT will continue to show weakness for the foreseeable future, but I don't think the bathroom policy is the major reason. I think competition from Amazon is the real issue that TGT will need to address.

      BTW, I don't know any people that are boycotting TGT over their bathroom policy... but then I live in the liberal bubble of the San Francisco Bay Area.

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  2. Yeah, you're definitely in a bubble. ;)

    If you look at the TGT chart over the last year compared to the retail sector, TGT is down 30%+ and the retail sector is relatively flat. It's way more than competition from Amazon. As someone living in the Southeast...I can assure you that the bathroom issue is a big deal.

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    Replies
    1. And you live in a bubble, too! ;)

      I didn't dispute that the bathroom issue is relevant. I just think it is not TGT's major issue. Amazon is coaxing away more and more retail shoppers for brick-and-mortar stores. TGT and even WMT is trying to play catchup with their e-commerce solutions, but it'll be a while before they stop the "outflow". Additionally, I think TGT has a bigger challenge than e.g. WMT as their customer base include more white collar shoppers.

      Thanks for sharing your perspective on the bathroom policy!

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  3. I like TGT too. It's got a relatively low P/E ratio (11) and dividends are nice and steady.
    I don't think Target has as much competition as people think. For starters, Target is more upscale than Wal-Mart. A lot of things that you'd buy at Target you'd want to feel and try on.

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    Replies
    1. Hi, Troy -- thanks for reading and commenting. I own TGT and believe it is a good long-term investment. The company is dealing with some issues now, and the stock price reflects the concerns of investors. I hope the issues are temporary, in which case my investment should be fine in the long run.

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