08-29-2013, 08:53 PM
... and here is what I ended up with. 15 stocks. It's about 10% of my portfolio. I'll average in over time.
Ticker-yld-1yr DG-3yr DG-5yr DG
afl - 2.34 - 8.9 - 6.2 - 10.9
aapl - 2.43 - ??? - ??? - ???
arg - 1.90 - 28 - 28.2 - 32.6
cmi - 1.98 - 35.8 - 37.0 - 33.2
chd - 1.87 - 41.2 - 61.0 - 45
coh - 2.56 - 27.2 - 49.0 - ???
gww - 1.49 - 21.4 - 19.8 - 18
intc - 4.04 - 11.2 - 15.8 - 14.1
sjm - 2.16 - 8.3 - 12.8 - 11.3
mcd - 3.23 - 13.4 - 11.9 - 13.9
pm - 4.04 - 14.9 - 13.1 - 28.2
ste - 2.02 - 12.5 - 20.6 - 26.8
tgt - 2.68 - 20.0 - 27.2 - 20.6
unp - 1.99 - 29.0 - 32.1 - 27.3
wag - 2.59 - 26.7 - 26.0 - 23.7
Totals - 2.488 - 21 - 26 - 24
A few notes:
Some basic rules for screening: They all came from the Dividend CCC list. One stock per industry. No ADRs. No Reits. 5 year DGR > 10%. Good fundamentals (but don't have to be perfect). EPS, sales and Cash flow growth sufficient to fund the dividend. No financials (that industry is SO not fixed yet).
Yup, I paid a premium for high dividend growth rates in terms of current yield. I'm totally ok with that, since I don't need the yield right now. The key is to have the higher yield in 10 years (or so).
I took a couple of 'educated' flyers on stocks that I think will have probably solid 5 year DGRs - Apple and Coach. We shall see
.
Do I have termination criteria yet? Nope. My initial entry criteria was > 10% 5 year DGR (and solid fundamentals), so I'm thinking 5 year DGR < 10%, but I'm open to suggestions. AFLAC is already on the 'watch list'.
There are a few glaring holes in the port. First, no utilities. I work in the utility industry. Trust me, there is a reason for their absence. Second, no oil stock. That's because I couldn't figure a couple of them out, and the rest didn't have high enough 5 year DGRs. And, as stated above, no financials.
There ya go. Feedback is a gift
Ticker-yld-1yr DG-3yr DG-5yr DG
afl - 2.34 - 8.9 - 6.2 - 10.9
aapl - 2.43 - ??? - ??? - ???
arg - 1.90 - 28 - 28.2 - 32.6
cmi - 1.98 - 35.8 - 37.0 - 33.2
chd - 1.87 - 41.2 - 61.0 - 45
coh - 2.56 - 27.2 - 49.0 - ???
gww - 1.49 - 21.4 - 19.8 - 18
intc - 4.04 - 11.2 - 15.8 - 14.1
sjm - 2.16 - 8.3 - 12.8 - 11.3
mcd - 3.23 - 13.4 - 11.9 - 13.9
pm - 4.04 - 14.9 - 13.1 - 28.2
ste - 2.02 - 12.5 - 20.6 - 26.8
tgt - 2.68 - 20.0 - 27.2 - 20.6
unp - 1.99 - 29.0 - 32.1 - 27.3
wag - 2.59 - 26.7 - 26.0 - 23.7
Totals - 2.488 - 21 - 26 - 24
A few notes:
Some basic rules for screening: They all came from the Dividend CCC list. One stock per industry. No ADRs. No Reits. 5 year DGR > 10%. Good fundamentals (but don't have to be perfect). EPS, sales and Cash flow growth sufficient to fund the dividend. No financials (that industry is SO not fixed yet).
Yup, I paid a premium for high dividend growth rates in terms of current yield. I'm totally ok with that, since I don't need the yield right now. The key is to have the higher yield in 10 years (or so).
I took a couple of 'educated' flyers on stocks that I think will have probably solid 5 year DGRs - Apple and Coach. We shall see
.Do I have termination criteria yet? Nope. My initial entry criteria was > 10% 5 year DGR (and solid fundamentals), so I'm thinking 5 year DGR < 10%, but I'm open to suggestions. AFLAC is already on the 'watch list'.
There are a few glaring holes in the port. First, no utilities. I work in the utility industry. Trust me, there is a reason for their absence. Second, no oil stock. That's because I couldn't figure a couple of them out, and the rest didn't have high enough 5 year DGRs. And, as stated above, no financials.
There ya go. Feedback is a gift