3 dividend aristocrats under the radar about to break out in CH3


Money, cubes and business card with inscription - Skazovd's Aristocrat dividend via Shutterstock
Money, cubes and business card with inscription – Skazovd's Aristocrat dividend via Shutterstock

In uncertain times, dividend income is more than just a strategy; It helps you sleep better at night. The key is to know which ones to choose and when to buy. As for what dividend stocks to buy, I like companies with a long history of increasing their dividends, such as the dividend aristocrats.

Difidend nobles are S&P 500 listed companies that have increased their dividends for at least all the past 25 years.

In terms of answering the question, “When do I buy?” It was said that time in the market beat market timing over the long journey, because buying at the wrong time can lead to earnings erosion.

So, with that out of the way, I thought of looking for some quality dividend aristocrats that locate themselves for a break in CH3'25.

Using Barchart's stock screenser, I selected the following filters to get my results:

  • The number of analysts: At least 12 analysts. A high number of analysts reflect a better rating consensus.

  • Current analyst score: Moderate to buy strong.

  • Signal Buy/Sell/Capture Generally: Buy. It filters which stocks have a purchase signal.

  • General Opinion Address: Average to the highest 1%. It states that the signal direction is strengthening.

  • The strength of general opinion: Average – 1%highest. It is a long -term measure of strength. Stronger strength means less volatility, and that's what we're looking for.

  • Watchman: Aristocrat dividend.

I ran these filters and got 6 aristocrat dividend:

Of course, we want to find the most moving up -up dividend aristocrats, so I sorted out the results based on the strength of the general view.

Let's start this list, starting with number one:

Cardinal Health is a drug distributor, healthcare services, and products company. The company specializes in providing customized solutions for various health needs in over 30 countries, including more than 90% of US hospitals. Cardinal Health operates under two main segments: pharmaceutical and specialist solutions, and world -eag medical products and distribution.

The company's latest financial issues identified sales of $ 730 million, up 98% from the previous year. His net income also increased 93.9% year -on -year to $ 508 million.

Cardinal Health is an aristocrat dividend that has increased its dividends for 29 consecutive years. It pays forward an annual dividend of $ 2.04 per share, which translates into a product of approximately 1.23%. That said, 14 analysts rank a strong purchase to the CAH.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *