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Proprietary Data Insights Top Dividend Stock Searches This Month
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Different Types Of Dividend Stocks Let’s use The Juice’s proprietary Trackstar database of the tickers generating the most interest among investors for a refresher on dividend stocks. In past installments, we focused on dividend aristocrats. Today, we broaden the scope, looking at the top stocks in Trackstar that happen to pay dividends. Dividend growth investors buy and hold stocks that have a history of increasing their dividend payments. You can collect dividend income as cash or reinvest it for additional shares of stock. Dividend Achievers. #1 Apple (AAPL). A dividend achiever is a company that has increased its dividend payment for at least ten years in a row. With an 11-year streak, Apple tops this list. The Juice recently called AAPL the #1 dividend stock to own for long-term investors because Apple’s strong financial position makes it almost certain the company will continue to increase its dividend payment. Apple’s solid payout ratio of 15% supports this statement. A payout ratio is the ratio of dividends paid relative to a company’s net income. The lower the better. Anything over 50% should raise a red flag that a company’s dividend might not be sustainable. This indicates a company pays out more than half of its earnings to cover the dividend. #4 in Trackstar, Microsoft (MSFT), is also a dividend achiever with a 19-year streak and healthy payout ratio of 26%. AAPL and MSFT are both dividend contenders. Companies that have increased their dividends for between 10 and 24 years. What are they contending for? Dividend Aristocrat status. Companies that have increased their dividend payment, every year, for at least 25 consecutive years. Like #10 in Trackstar, Exxon Mobil (XOM), with a 39-year streak. Dividend Kings. Companies with a record of 50 years or more of dividend increases. At the moment, only 39 such stocks exist. None made today’s Trackstar list. Scroll with us for a few of these blue chip names and the easiest way to make them part of your portfolio. |
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Dividend Growth Investing |
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Top 10 Most Searched Dividend Stocks This Month |
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Key Takeaways:
The Juice likes the ProShares S&P 500 Dividend Aristocrats ETF (NOBL). Over the last year, it has outperformed both the S&P 500 (SPY) and Nasdaq 100 (QQQ). One reason why? It’s full of companies with super sustainable dividends. Including the coveted dividend kings. Blue chip names that have increased their dividend payments for at least 50 years. Companies such as Procter & Gamble (PG) (66 years), Coca-Cola (KO) (60 years), and PepsiCo (PEP) (50 years). If you think we’re in or on the brink of a recession. If you think the market’s about to go bear and stay there for a while. If you’re at all uncertain about the state of the world, the economy, or the stock market, you buy dividend aristocrats because:
You can get at high-quality dividend stocks through other ETFs as well. Such as the Schwab US Dividend Equity ETF (SCHD), the Vanguard High Dividend Yield ETF (VYM), and the SPDR Portfolio S&P 500 High Dividend ETF (SPYD). All three are either completely composed of or heavily weighted toward dividend achievers, contenders, aristocrats, and kings. And, like NOBL, all three have outperformed SPY and QQQ over the last year.
The Bottom Line: The best portfolios are well-rounded. They’re diversified in more ways than one. Diversified across and within asset classes. They also blend investing styles, goals, and aims. Just in the last couple of weeks The Juice hit areas that, taken together, can help you diversify. For example, we covered a long shot, lottery ticket penny stock that generated significant interest in Trackstar. We introduced you to another speculative play attempting a turnaround, led by a CEO with turnaround success. We looked at best of breed consumer retail stocks, differentiating the dogs from the players. We continue to look at ways you can access the private equity markets, once only available to the rich. And, today, we carry the torch on dividend growth stocks, a foundational and core element of many well-diversified, long-term portfolios, designed to stand the test of time. Going forward we’ll dig deeper into each of these areas as well as our other favorites and add more opportunities to your list. |
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