3 American Dividend Paying Stocks Which I Will Be Watching Closely

My philosophy on dividend investing is to utilize the forward price to earnings ratio and use a one-year PEG ratio, along with a dividend. I don't necessarily look for a stock with a high yield because I like to see capital appreciation. Because the market may be correcting itself from all-time highs I maintain that it is difficult to find good stocks these days. That's why I'm highlighting a select set of excellent value companies in my dividend portfolio, which have had ex-dividend dates or paid out a dividend during this past week or early next week that people should place on their radar.

Kimberly-Clark is a huge consumer goods company which provides its products throughout the globe and dishes out a 3% dividend yield. Union Pacific is an American company which should provide some insulation from the global turmoil taking place. Rayonier Advanced Materials is a spin-off from Rayonier Inc. which should provide dividend growth into the future. I've highlighted these names because they are poised to increase their dividends in coming years. It is important in this market to be able to hold onto companies which raise their dividend rates or initiated them, because it is a sign that the underlying company is doing well financially. The importance of these stocks I've highlighted is that they are value plays while the broader market is choppy. I believe we are at a point in the market where we have to look for value.

Source: Seeking Alpha

Related Articles:
- Early Warning Signs of a Dividend Cut
- Income Annuities vs. Dividend Stocks
- 7 Tech Stocks With A History of Growing Their Dividends
- Here's Where To Find Great Dividend Stocks
- Are Defense Stocks Good Defensive Stocks?