10 Dividend Growth Stocks For December 2021

I'm a little late with the December edition of my 10 Dividend Growth Stocks series, but here goes!

This month, I screened for Investment Grade stocks whose non-GAAP earnings per share [EPS] growth is accelerating. I used data obtained from Portfolio Insight and screened dividend growth stocks in Dividend Radar. In all, 59 stocks passed my primary screen.

I decided to add another screen to select stocks with forward dividend yields exceeding their respective 5-year average dividend yields. Such stocks are potentially undervalued. Only 13 stocks also passed my secondary screen. 

I ranked these stocks using quality scores obtained from DVK Quality Snapshots and present the top 10 for further analysis and possible investment.

The latest Dividend Radar (dated December 24, 2021) contains 731 stocks. Of these, 343 stocks have quality scores in the range 15-25, considered Investment Grade. I screened these stocks for ones whose non-GAAP EPS is accelerating and those with yields exceeding their 5-year average yields. 

Please read this article at Seeking Alpha to see the ten top-ranked dividend growth stocks for December 2021. As usual, I provide fair value estimates and key metrics for each of these stocks. 

---

Thanks for reading!

You can now follow me on Twitter and Facebook.