The Dividend Aristocrats list is an elite list of 64 companies in the S&P 500 that have paid higher dividends every year for at least 25 consecutive years.
The list is maintained by S&P Dow Jones Indices and is updated annually in January. To be included in the list, stocks must be in the S&P 500, have dividend increase streaks of 25 years or more, and have a market capitalization of at least $3 billion. There are several other inclusion criteria.
As a dividend growth investor, I look to invest in high-quality and safe dividend growth stocks trading at reasonable valuations. This article presents three discounted Dividend Aristocrats.
These stocks trade well below my risk-adjusted Buy Below prices. Two stocks are rated Excellent with quality scores of 23 and 24 (out of 25), respectively, while the other stock is rated Fine with a quality score of 19. The three stocks are discounted by at least 16% relative to my Buy Below prices
Image and article originally from divgro.blogspot.com. Read the original article here.