On this blog, you can find many ideas about stocks with a longer dividend growth history but each Dividend King or Dividend Champion started its career with its first dividend payment 50 years ago.
It's very hard to predict which of the 400 companies will become the next Dividend King and who of the additional 3,000 shares will create the most shareholder values with the result of extraordinary strong dividend growth.
Today I've created a quick list about stocks that have a low price ratio (on current basis and for the future). In addition, the dividend should be bigger than a normal high-yielding stock and the debt situation should finally be on a normal level (below one). These are the criteria in detail:
Market Cap over USD 1 billion
Dividend yield is above 6 percent
At least one dividend hike in the past year
Trailing P/E is less than 15
Forward P/E is less than 15
Total debt to equity is less than 1.00
Only four stocks fulfilled the above mentioned criteria. Of which three are currently recommended to buy.
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