I wanted to find five stocks to buy with steady dividends and earnings that are reasonably cheap. Moreover, each of these dividend stocks have attractive upside target prices. This actually turned out to be harder to find than I expected. I finally found the stocks by setting a dividend and earnings screen that mirrored each other. This meant that I was looking for stocks to buy with greater than 20% earnings and 20% dividend growth. In addition, I looked for companies that were cheap with reasonably low price-to-earnings (P/E) ratios.
Lastly, I wanted to make sure the upside of the stock was at least 20%. I did this three ways. I used a historical dividend yield valuation technique, a historic P/E valuation method, and a peer comparable valuation method. By averaging all three methods to determine a target price, I was able to derive the upside for each stock. As a result, I found the following five dividend stocks to buy: Columbus McKinnon (NASDAQ:CMCO), Celanese Corp (NYSE:CE), Kinder Morgan (NYSE:KMI), Northern Trust (NASDAQ:NTRS) and World Fuel Service (NYSE:INT).
Source: InvestorPlace
Related Articles:
- 5 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
- Income Annuities vs. Dividend Stocks
- 5 Tech Stocks With A History of Growing Their Dividends
- How To Manage Your Dividend Portfolio In A Downturn
Dividend Growth Stocks News
5 Stocks to Buy That Have Steady Dividends and Earnings
Posted by D4L | Wednesday, July 15, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.