In This Article:
For Immediate Release
Chicago, IL – September 24, 2018 - Stocks in this week’s article are Matson Inc. MATX, Columbia Sportswear Company COLM, Broadridge Financial Solutions Inc. BR, Evercore Inc. EVR and Tractor Supply Company TSCO.
5 Solid Dividend Growth Stocks to Buy Now
Volatility and uncertainty in the stock market have rekindled investors’ love for products that provide stability and safety in a rocky market. Nothing seems a better strategy than picking dividend-focused growth stocks in this kind of an environment. A history of dividend growth year over year leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend paying stocks or those with high yields.
Why Dividend Growth?
Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. At the same time, these offer downside protection with their consistent increase in payouts.
Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. Further, a history of strong dividend growth indicates that dividend increase is likely in the future.
Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/324239/5-solid-dividend-growth-stocks-to-buy-now
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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