7 Dividend Growth Stocks For January 2023

Happy New Year!

I’m excited to present the January edition of my monthly series of dividend growth [DG] stocks picked from Dividend Radar.

Dividend Radar is a weekly automatically generated spreadsheet of DG stocks with dividend increase streaks of five or more years. It is compiled by Portfolio Insight and provided as a free resource for individual and commercial use, with no registration required.

To find candidates for further research and possible investment, I use different screens from month to month. This month, I’m deploying another variation of DVK Quality Snapshots to identify the highest-quality Dividend Radar stocks.

3 High-Yielding, Discounted Dividend Growth Stocks

I've been working with Portfolio Insight to develop a Dividend Quality Grade for dividend stocks. 

We evaluate all dividend-paying stocks and assess the likelihood of a dividend increase in the next twelve months. We also identify stocks at risk of freezing or cutting their dividends. In backtests, our approach accurately predicted a failure to continue dividend increases in more than 98% of cases!

For this article, I used a pre-release version of Dividend Quality Grades to extract Dividend Champions and Dividend Contenders with A+ Dividend Quality Grades. These are Exceptional dividend growth stocks with solid fundamentals and dividend increase streaks of ten years or more. 

Additionally, I screened for stocks trading below my fair value estimates. These stocks offer good value and are suitable for immediate investment.

7 Dividend Growth Stocks For December 2022

Welcome to another edition of my monthly series, 7 Dividend Growth Stocks.  In this series, I present seven dividend growth stocks from Dividend Radar for further analysis and possible investment.

Dividend Radar is a weekly automatically generated spreadsheet of dividend growth stocks with dividend increase streaks of five or more years. It is compiled by Portfolio Insight and provided as a free resource for individual and commercial use, with no registration required.

I use different screens every month to find candidates for further research and possible investment. This month, I decided to screen for high-quality, high-yielding Dividend Achievers trading at reasonable valuations. 

7 Dividend Growth Stocks For November 2022

After taking three months off, I'm resuming my monthly series, 7 Dividend Growth Stocks, on TheStreet.com. 

In this series, I present seven dividend growth stocks from Dividend Radar for further analysis and possible investment. Dividend Radar is a weekly automatically generated spreadsheet of dividend growth [DG] stocks with dividend increase streaks of five or more years.

Every month, I use different screens to find candidates. Using different screens highlights different aspects of dividend growth investing, such as value, yield, or growth. This month, I decided to use the top-ranked stocks in JUST Capital's 2022 Rankings of America's largest publicly traded companies as my primary screen.

7 Dividend Growth Stocks For July 2022

In my monthly 7 Dividend Growth Stocks series, I present seven dividend growth stocks from Dividend Radar for further analysis and possible investment. 

I apply different screens every month to find a variety of candidates. For example, screening for stocks with higher yields will interest income investors, while screening for higher dividend growth rates will interest growth-oriented investors.

Last month, I picked the top dividend growth [DG] stock in each of the GICS sectors. I focused on DG stocks with safe dividends and strong income and growth prospects trading below my fair value estimates. For this article, I’m using the same screens, but I’m presenting the seven top-ranked stocks regardless of sector. 

7 Dividend Growth Stocks For June 2022

Welcome to another edition of my monthly 7 Dividend Growth Stocks series!

Every month, I select seven dividend growth stocks from my Dividend Radar watch list for further analysis and possible investment. I use different monthly screens to highlight various aspects of dividend growth [DG] investing.

To compile this month's candidates, I used Portfolio Insight's screening tool to find stocks with dividend increase streaks of at least 14 years and 10-year trailing total returns of at least 20%.

3 Discounted Dividend Aristocrats

 The Dividend Aristocrats list is an elite list of 64 companies in the S&P 500 that have paid higher dividends every year for at least 25 consecutive years. 

The list is maintained by S&P Dow Jones Indices and is updated annually in January. To be included in the list, stocks must be in the S&P 500, have dividend increase streaks of 25 years or more, and have a market capitalization of at least $3 billion. There are several other inclusion criteria.

As a dividend growth investor, I look to invest in high-quality and safe dividend growth stocks trading at reasonable valuations. This article presents three discounted Dividend Aristocrats.

7 Dividend Growth Stocks For May 2022

Every month, I present seven dividend growth stocks from my Dividend Radar watch list for further analysis and possible investment. 

I use different screens every month to highlight specific aspects of dividend growth [DG] investing. This month, growth and total return investors will find some excellent candidates worth consideration. 

To compile this month's candidates, I considered investment-grade stocks with a 5-year trailing total return [TTR] of at least 26%, which is the rate that would double an investment every three years. All the candidates trade below my risk-adjusted Buy Below prices.

7 Dividend Growth Stocks For April 2022

Every month, I present seven dividend growth stocks from my Dividend Radar watch list for further analysis and possible investment. 

I use different screens every month to highlight different aspects of dividend growth [DG] investing. For example, income investors prefer stocks with higher yields, while growth-oriented investors favor higher DG rates.

This month, I screened for undervalued stocks in the Defensive Sectors (Consumer Staples, Health Care, and Utilities). Additionally, these stocks trade below my risk-adjusted Buy Below prices. To adjust for risk, I require more significant discounts for stocks with lower quality scores.

I usually rank candidates that passed my screens using DVK Quality Snapshots and my ranking system. Before writing this article, I made a minor adjustment to how quality scores are calculated. I’ll explain the reason for this change in the article.

7 Dividend Growth Stocks For March 2022

I'm a little late with my March picks for TheStreet.com, but here goes! 

Every month, I present seven dividend growth stocks from my Dividend Radar watch list for further analysis and possible investment. I use different screens every month to highlight specific aspects of dividend growth [DG] investing. This month, income investors will find some high-yielding candidates worth consideration. 

I screened for discounted DG stocks in Dividend Radar yielding at least 4% and a 5-year dividend growth rate of 6% or higher. I also screened for DG stocks with dividend increase streaks of 10 or more years. 

7 Dividend Growth Stocks For February 2022

Welcome to another edition of my monthly 7 Dividend Growth Stocks series! Every month, I present seven dividend growth stocks from my Dividend Radar. watch list for further analysis and possible investment. 

I use different screens every month to highlight specific elements of dividend growth [DG] investing. This month, income investors will find some high-yielding candidates worth consideration. 

I screened for discounted DG stocks in Dividend Radar yielding at least 4% and a 5-year dividend growth rate of 6% or higher. I also screened for DG stocks with dividend increase streaks of 10 or more years. 

7 Dividend Growth Stocks For January 2022

My monthly 7 Dividend Growth Stocks series present seven high-quality dividend growth stocks for further analysis and possible investment.

I apply different screens every month to narrow down my watch list of more than 700 dividend growth stocks, Dividend Radar. Changing the screens from month to month highlights various aspects of dividend growth [DG] investing. For example, income investors prefer higher-yielding stocks, growth-oriented investors favor higher DG rates, and value investors look for deep discounts.

I screened for discounted stocks yielding at least 3% to compile this month’s candidates. I also required stocks to have Chowder Numbers (C#’s) that indicate some likelihood of delivering annualized returns of 8% or higher.

My Top 7 Dividend Growth Stock Picks for 2022

As a dividend growth investor, I look to invest in high-quality and safe dividend growth [DG] stocks trading at reasonable valuations. My watchlist is Dividend Radar, an automatically generated spreadsheet listing stocks with dividend increase streaks of five or more years. The latest edition (December 24, 2021) contains 731 DG stocks.

I usually consider five stock selection criteria before buying DG stocks for my DivGro portfolio: The criteria are Stock Quality, Stock Valuation, Growth Outlook, Income Outlook, and Dividend Safety. 

The article briefly describes these criteria and two additional screens I used to pick my top 7 DG stocks for 2022.

The Best Defensive Dividend Growth Stocks

In the December edition of my 7 Dividend Growth Stocks on TheStreet.coms, I used a defensiveness scoring system developed by David Van Knapp [DVK] as my primary screen. The system awards points to stocks based on satisfying common notions of safety rather than for being members of a particular sector. 

In that article, I identified the best defensive stocks that traded below my risk-adjusted Buy Below prices. 

Today, I want to identify the best defensive dividend growth stocks regardless of their current valuations. While I wouldn’t recommend buying stocks until they trade at more favorable valuations, it is good to have a shortlist of high-quality defensive stocks ready to go!

7 Dividend Growth Stocks For December 2021

Welcome to another edition of my monthly 7 Dividend Growth Stocks series in which I present seven high-quality dividend growth stocks for further analysis and possible investment.

I apply different screens every month to narrow down my watch list of more than 730 dividend growth stocks, Dividend Radar. Changing the screens from month to month highlights different aspects of dividend growth [DG] investing. For example, value investors tend to look for deep discounts, income investors prefer higher-yielding stocks, and growth-oriented investors favor higher DG rates.

This month, I used a defensiveness scoring system developed by David Van Knapp as my primary screen. The system awards points based on satisfying common notions of safety rather than for being in a certain economic sector. Additionally, I screened for stocks trading below my risk-adjusted Buy Below prices.

7 Dividend Growth Stocks For November 2021

Every month, I select highlight seven high-quality dividend growth stocks from Dividend Radar for further analysis and possible investment. 

Dividend Radar tracks stocks trading on U.S. Exchanges with dividend increase streaks of at least five years. Dividend Radar is maintained and published by Portfolio Insight every Friday as a free resource to DG investors.

To highlight different DG stocks every month, I use different screens to narrow down approximately 740 Dividend Radar stocks. This month, I screened for Investment Grade Dividend Kings trading well below my Buy Below prices.

5 Discounted Dividend Contenders

The Dividend Contenders are companies listed on U.S. exchanges that have dividend increase streaks of 10-24 years. There are 315 Dividend Contenders in my watchlist of dividend growth stocks, Dividend Radar, a free resource for DG investors maintained and published every Friday by Portfolio Insight. 

This article presents five high-quality Dividend Contenders that are discounted and offer generous and safe dividends and strong total return prospects. 

The Top 10 Dividend Growth Opportunities

This article wraps up my article series on high-quality stocks in each of the GICS sectors. The series of 11 articles presented the 7 highest-ranked dividend growth stocks [DG] in each GICS sector, for a total of 77 stocks. Today, I’m presenting the top opportunities out of these 77 stocks.

I use DVK Quality Snapshots to assess the quality of dividend growth stocks, assigning 0-5 points to each stock based on how they rate on five widely-used quality indicators. The total of these points is a stock’s quality score out of a maximum of 25 points. I rank stocks by sorting them in descending order of quality score. When stocks have the same quality score, I use tie-breaking metrics to rank them. 

This article presents the ten top-ranked stocks out of the 77 DG stocks covered in this series.

7 Best Utilities Sector Dividend Stocks

Today’s article concludes my article series identifying high-quality stocks in each GICS sector. 

My watchlist of dividend growth stocks is Dividend Radar, a list of stocks trading on U.S. Exchanges with dividend increase streaks of five or more years. Dividend Radar is a free resource for dividend growth investors, maintained and published every Friday by Portfolio Insight. The latest edition (dated October 1, 2021) contains 744 stocks, of which 58 fall in the Utilities sector.

I use DVK Quality Snapshots to assess the quality of dividend growth stocks, assigning 0-5 points to each stock based on how they rate on five widely-used quality indicators. The total of these points is a stock’s quality score out of a maximum of 25 points. I rank stocks by sorting them in descending order of quality score. When stocks have the same quality score, I use tie-breaking metrics to rank them. 

This article presents the seven top-ranked stocks in the Utilities sector.

7 Dividend Growth Stocks For October 2021

Welcome to October's edition of my monthly series of high-quality dividend growth stocks suitable for further analysis and possible investment. 

I select DG stocks from Dividend Radar which tracks stocks trading on U.S. Exchanges with dividend increase streaks of at least five years. Dividend Radar is maintained and published by Portfolio Insight every Friday as a free resource to DG investors.

To highlight different DG stocks every month, I use different screens to narrow down approximately 750 Dividend Radar stocks. This month, I screened for Dividend Contenders trading well below my Buy Below prices with solid growth and income prospects, and safe dividends.