10 Dividend Growth Stocks For August 2020

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.

I use DVK Quality Snapshots to obtain quality scores and rank stocks by breaking ties with additional metrics.

This month, I'm presenting investment-grade stocks whose current dividend yield is above the 5-year average dividend yield by at least 10%. Additionally, I screened for stocks with yields of at least 3%, or with favorable Chowder Numbers.

The latest Dividend Radar list (dated August 7, 2020) contains 762 stocks. Of these, 141 stocks are investment-grade stocks and have a current dividend yield at least 10% above the 5-year average dividend yield. After screening for stocks with yields of at least 3%, or with favorable Chowder Numbers, 113 stocks remained. I ranked these stocks and present the 10 top-ranked stocks for consideration.

To see the top 10 ranked stocks for August 2020, please read this article at Seeking Alpha. As usual, I provide fair value estimates and key metrics.

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