I attempt to screen and purchase undervalued dividend growth stocks. These companies have increased their dividend for at least 15 years and have a lower than average price to earnings (PE) ratio, a higher operating margin, a low price to book, a reasonable dividend yield and payout ratio. This is easily my favorite part of my financial empire.
For the first time in years I am forced to take some time off from my systematic purchase of possibly undervalued dividend growth investments. I am not entirely sure how I feel about the predicament I am sitting in. Background on Finding Undervalued Dividend Growth Companies Every month for the past few years I have taken a look at the dividend champion list and then tried to find undervalued members (in recent months I expanded beyond the dividend champions). My undervalued dividend growth screen was to first only to look at those companies that have increased their dividend for the past 25 (and [...]