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The building is aim for many long-term wealth. It is a dream to build a passive income flow from dividend shares. Personally, I have not always been involved in dividend growth, so dividend aristocrates and companies with lists of kings come to their mind when they arrive in the history of the dividends that often allocate the lists of the kings.
However, dividends are not enough to support the long-term growth of an investment portfolio. It is important to look at other factors such as cash flow and net income growth and strengthen with what analysts say before they get a stranger. I want to look at the price goals to get an idea over a year. Of course, we do not want to get high, only for the fall of shares.
It is not just to get the highest income to get prospective dividend shares. This is a history of quality names with the history of increasing dividends, in turning themselves.
As I often do, I started using BarChart’s free Screener tool to compile my list.
The annual dividend comes: I left this empty so I raised the results to the lowest level.
Current analytical rating4 (purchase average) for the most positive consensus 5 (strong purchases).
Cash flow growth last year: 10% or more. Higher money flow means a better header for potential dividend growth.
5 years of income growth: 30% or more. I prefer companies that increase the upper line figures in the last 5 years.
Last year, net income growth: 30% or more. Mature companies often show rise in relatively low net income; But we are targeting for 30% or more growth to support dividend growth.
Tracking lists: Dividend aristocrats and kings. These companies have increased dividends for 25 and 50 years and increased the rise in various market.
After setting the filters, I ran to Screener, the seven companies came and I lined them up to the lowest dividend income.
I will skip the Middlesex Water Company for this list because the stock price decreased in the last 5 years.
Thus, the first three dividends will make my shares: California Water Service Group Holding, Air Products and Chemicals and Abbott Laboratories.
California Water Service is a utility utility company around almost within a century. Today, California, Washington, New Mexico and customers in Hawaii. What does the fact that it is very simple – sources treat water, drink to be drunk and distribute to the consumer.
Recently, the California Water Service agreed to obtain two small water systems: Casa Loma Water Company and a Palm Mutual Water Company that serves a total of 300 houses in total 300 houses. Although still waiting for the regulation approval, it means another expansion for the California Water Service.
The company eliminated its dividend for 56 consecutive years, cementing the status as a dividend king. His forward payment is $ 1.20 per share ($ 0.30 in a quarter), it brings 2.57% revenue. Their dividend payment ratio is still working up to about 52% within an acceptable number.
A consensus between analysts, CWT shares “Strong Purchase” rating (perfectly from 5 to 5). The highest target for the highest target for a share, which is about 28% upside down potential from current levels.
Dividend is a list of airs and chemicals in my shares list. It is one of the main suppliers of industrial gases such as oxygen and nitrogen. The company has been operating since the 1940s and today serves various industries today, including oil refineries, electronics, steel and health. Today, the company also focuses on pure energy, especially hydrogen. In terms of dividends, air products pay $ 7.16 per year ($ 1.79 per quarter), which followed by 2.46%. The payment ratio is about 43% of the income, which is within a number of acceptable. In addition, the company has increased its dividend for 43 years in a row and is a member of dividend aristocrats.
Despite the material shortcomings, Wall Street remains positive for air products – “average purchase” with a consensus between 23 analysts. The high goal for the APD is $ 375 for a share, which is the upside down of 29% of the potential of investors with shares in today’s prices.
Next Abbott Laboratories, Abbott Laboratories, one of the most diversified health companies in the world, approaching 1888, are likely to produce everything from the fact that everything from products produce everything from their products to baby formulas. Abbott has about 115,000 employees of the world and gets about $ 40 billion in income.
Abbot’s dividend profile is commendable. The company has increased dividend payment for 53 years in a row, but dividends made the king of dividends and aristocrats. Today, the company pays $ 2.36 per share in dividends ($ 0.59) in dividends ($ 0.59), which is 46% of the profit rate of 1.79%, which is very reasonable.
Surprisingly, Wall Street rate Abbott Laboratory was the same recommendation for the last 3 months with 4.46 points from the Abbott Laboratory and the last 3 months. The highest price target for ABT shares is $ 159, which can vary from today’s prices to 20%.
These three companies have been longer than me, regardless of market conditions, pay and increase their dividends for years. He said that the most established names can be such a thing, so it is always good to be as a shareholder. Everything is equal, I think investors think that any of these shares will be satisfied with any of these shares in the next 5-10 years.
On the day, Rick Orford did not have any positions (or indirectly or indirect) in this article. All information and information in this article are for informational purposes only. This article was originally published Barchart.com
