The S&P 500 Dividend Aristocrats Index includes 69 dividend growth stocks that, with some exceptions, have increased their annual dividends for 25 or more consecutive years.
In this article, I rank the Dividend Aristocrats by quality scores and present undervalued, overvalued, and fairly valued stocks with detailed metrics and fair value estimates.
I'm using 9F Quality Scores, my quality scoring system that rates dividend stocks on a 10-point scale across nine weighted factors. Each factor blends qualitative signals and quantitative metrics.
To determine a stock's fair value [FV], I use a wisdom-of-the-crowds approach that combines calculated estimates with rigorous statistical analysis to arrive at a consensus FV. New in this edition, I show how much confidence I place in each FV estimate.
I consider stocks undervalued if FV upside > 3%, and overvalued if FV upside < -3%. Otherwise, I consider the stocks fairly valued.
I also look back at how the stocks I highlighted in April have performed since, and list the Aristocrats-in-waiting: S&P 500 companies approaching or past the 25-year mark that are not yet in the index.
I provide a downloadable spreadsheet with fundamental and added-value data of all the Dividend Aristocrats.
Please read this Seeking Alpha article and download the spreadsheet with fundamental and added-value metrics for all the Dividend Aristocrats.
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