Hi guys, I though this might be useful for someone looking for new additions to their dividend growth portfolio. This list is based on five Kiplinger investing articles, aimed at finding the safe, durable, long-term, favorite, and solid dividend stocks.
First, a shortlist of 11 of productive dividend shares from this collection more viable for first-time investors. The Dogcatcher ideal stocks for June are: Enterprise Products Partners LP (EPD); Exxon Mobil Corp (XOM); Gladstone Investment (GAIN); Main Street Capital (MAIN); LTC Properties Inc (LTC); iShares Preferred and Income Securities ETF (PFF); Unum Group (UNM); People’s United Financial Inc (PBCT); STAG Industrial Inc (STAG); The Interpublic Group of Companies Inc (IPG); Shaw Communications Inc (SJR).
Those eleven all live up to the ideal of having their annual dividends from a $1K investment exceed their single share prices. Many investors see this condition as “look closer for a buy” opportunity.The Dividend Dogs Rule
Stocks earned the “dog” moniker by exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as “dogs.” More precisely, these are, in fact, best called, “underdogs”.
56 Kiplinger Outstanding Dividend Stocks Per May 21 Yield Data: