Welcome to another 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.
I screened for high-quality stocks with superior growth and income prospects
this month. Additionally, I screened for stocks trading below my risk-adjusted
Buy Below prices, so this month's stocks also offer great value!
I determine quality scores and sort stocks in descending order, breaking
ties with additional metrics to rank stocks.
The latest Dividend Radar (dated October 20, 2023)
contains 713 DG stocks.
Of these, 224 are high-quality stocks with quality scores in the range
of 21-30. As explained below, I screened these high-quality stocks for
ones with qualifying Chowder numbers (37 passed), with a projected
5-year yield on cost of at least 4% (70 passed), and trading below my
risk-adjusted Buy Below prices (200 passed).
Only 18 Dividend Radar passed all the screens.
Please read this article at Seeking Alpha to see my ten top-ranked dividend growth stocks
for October 2023. As usual, I provide fair value estimates and key metrics
for each of these stocks.
DivGro 2.0 members get the eight additional tickers ranked
11-18. Sign up for free here.
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