I'm a little late with my March picks for TheStreet.com, but here goes!
Every month, I present seven dividend growth stocks from my Dividend Radar watch list for further analysis and possible investment. I use different screens every month to highlight specific aspects of dividend growth [DG] investing. This month, income investors will find some high-yielding candidates worth consideration.
I screened for discounted DG stocks in Dividend Radar yielding at least 4% and a 5-year dividend growth rate of 6% or higher. I also screened for DG stocks with dividend increase streaks of 10 or more years.
The latest Dividend Radar (dated January 28, 2022) contains 717 DG stocks. Of these, 159 are high-quality DG stocks with quality scores in the range of 19-25. Moreover, 217 stocks yield at least 3% and 330 are discounted by at least 3% relative to my FV estimate. Furthermore, 517 are likely or somewhat likely to deliver annualized returns of at least 8%, according to the Chowder Rule.
Only 35 stocks pass all three screens.
I ranked these candidates using DVK Quality Snapshots and my ranking system.
To see this month's seven top-ranked stocks, please read this article at TheStreet.com.
Please note that I'll continue to publish my monthly series 10 Dividend Growth Stocks on Seeking Alpha. I use different screens for each of these article series, so they won't cover the same stocks.
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