Welcome to the February edition of my monthly series of 10 Dividend Growth Stocks. In this series, I rank a
selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment.
This month I screened for high-yielding, discounted stocks with 5-year dividend growth rates of at least 7%. Stocks with forward yields above 4% and exceeding their 5-year average yields qualified.
I ranked the candidates that passed my screens by sorting them in descending order by quality score, using tie-breaking metrics where needed. I'm presenting the ten top-ranked stocks for your consideration.
I now use a quality assessment system with six quality indicators, scoring up to 5 points per quality indicator for a maximum quality score of 30 points.
The latest Dividend Radar (dated February 24, 2023) contains 738 stocks. Of these, 129 stocks yield at least 4%, 481 stocks have 5-year dividend growth rates above 7%, and 508 stocks have forward yields that exceed their 5-year average yield. When combining this month's screens, 60 Dividend Radar stocks pass.
Please read this article at Seeking Alpha to see my ten top-ranked dividend growth stocks for February 2023. As usual, I provide fair value estimates and key metrics for each of these stocks.
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