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.
It's going to be interesting to me to look back in a year or two at some of these posts because it feels like the market is either about to shoot up some more with a strong base underneath it which was tested in December 2018, or this could all come crumbling down quickly! Regardless, I march onward searching for possibly undervalued stocks that have increased their dividend for at least 20 years. Every month I screen for undervalued dividend growth stocks and buy a lot (as defined by me as $500) or two. My goal is that one day I can turn off [...]