08-20-2013, 10:29 PM
Interesting. The only names on those lists that I'm familiar with are Aflac and Intel. I'd happily be a buyer of AFL at today's prices, and would buy some, I think, if I had more cash to deploy at the moment. I hold a lot of INTC in my portfolio, but it is in a bit of a prolonged transition period right now and it is unclear if and when they are going to get earnings moving in the right direction again. And they've gone five quarters without a dividend raise. The price is down, so could be a good time to initiate a position, but only if you believe they'll get the ship righted and only if you can stomach the risk.
That type of story about INTC is the type of thing that a screen can't provide, and it is an important component of picking stocks that you can hold for decades. Honestly, I'd be a little uneasy using that list as your starting universe of stocks to build your dividend growth portfolio. You didn't exactly say that you were going to do that, but in any case I'd encourage you to expand your starting universe of stocks such that it includes some of the staple dividend growth names, like JNJ, PG, CLX, MO, WAG, KO, T, MCD, WFC, and the such. They may not hit all of the parameters of your screen, but they all have managed to raise earnings and dividends through good times and bad over the decades. They have sustainable business models and sell products that people buy over and over again. They have brands that masses of consumers know, love, and trust.
I don't mean to suggest that the stocks on that list are bad -- again, I am not so familiar with most of them. Mostly it just seems to me like a pretty narrow list to build a dividend growth portfolio out of.
Looking forward to hearing your further thoughts and plans.
That type of story about INTC is the type of thing that a screen can't provide, and it is an important component of picking stocks that you can hold for decades. Honestly, I'd be a little uneasy using that list as your starting universe of stocks to build your dividend growth portfolio. You didn't exactly say that you were going to do that, but in any case I'd encourage you to expand your starting universe of stocks such that it includes some of the staple dividend growth names, like JNJ, PG, CLX, MO, WAG, KO, T, MCD, WFC, and the such. They may not hit all of the parameters of your screen, but they all have managed to raise earnings and dividends through good times and bad over the decades. They have sustainable business models and sell products that people buy over and over again. They have brands that masses of consumers know, love, and trust.
I don't mean to suggest that the stocks on that list are bad -- again, I am not so familiar with most of them. Mostly it just seems to me like a pretty narrow list to build a dividend growth portfolio out of.
Looking forward to hearing your further thoughts and plans.