Welcome to the last edition of my monthly series of 10 Dividend Growth Stocks for 2023. In this series, I rank a selection of Dividend Radar stocks and present the 10 top-ranked stocks for further research and
possible investment.
This month, I screened for stocks that pass stringent criteria for
adding new stocks to my portfolio. I rank candidates by quality score and
present the ten top-ranked stocks for further research and possible
investment.
These stocks are great candidates for your New Year shopping list!
The latest Dividend Radar (dated December 22, 2023) contains 709 stocks. Of these, 224 have
quality scores in the range of 21-30, 187 trade below my risk-adjusted Buy
Below price, 177 have qualifying ACNs, 287 likely will have YOCs of at
least 4.00% after 5 years of ownership, and 170 have Dividend Quality
Grades of A+ or A.
When combining the screening results of each criterion, only six stocks
survive! Since the Dividend Quality criterion is the most stringent, I
added four stocks with Dividend Quality Grades of B+/B to round out my
list of 10 stocks.
Please read this article at Seeking Alpha to see the 10 top-ranked dividend growth stocks
for November 2023. I provide each stock's fair value estimates and key
metrics as usual.
DivGro 2.0 members get 5 additional tickers ranked 11-15. Sign up for
free here.
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