The S&P 500 Dividend Aristocrats Index contains 67
dividend growth stocks called the Dividend Aristocrats. With a few
exceptions, the Dividend Aristocrats are S&P 500 companies with higher
dividend payouts every year for 25 or more years.
In this article, I rank the Dividend Aristocrats by quality score and
present undervalued stocks for further research and possible
investment.
I consider stocks undervalued if they pass three valuation screens.
- Forward dividend yield > 5-year average dividend yield
- Stock price < Fair Value estimate
- Stock price < risk-adjusted Buy Below price
A bonus section lists the overvalued Dividend Aristocrats with my
risk-adjusted Buy Below prices. I also provide a downloadable spreadsheet with
fundamental and added value data of all the Dividend Aristocrats.
Please read this article at Seeking Alpha and download a spreadsheet with fundamental and added
value metrics for all the Dividend Aristocrats.
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