America is definitely the country with the highest amount of stocks that share profits with shareholders fairly. Believe me; I've seen thousands of companies all around the world where investors get robbed by management teams, lead investors or even the government.
My investment focus is on dividend growth stocks but over the recent months and years, we all have seen a significant increase in price multiples. Most of the best long-term dividend growers are valuated with a P/E of 20 or more. If you pay such high ratios, you will definitely not get a good inflation and risk-adjusted return over the long-run if you invest in a slow growing business.
Today, I try to find additional dividend stocks that are near to achieve a consecutive dividend growth history of at least five years.
Around 150 stocks are available with 4 years of dividend growth. With the next hike they could become a real Dividend Challenger. My hope is that some of them are cheaper than the older and well-established stocks.
You can find attached a list of all large capitalized stocks with a low forward price to earnings ratio of less than 15. Only 19 companies fulfilled these criteria of which nearly all (17 shares) are recommended to buy.
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