Who's Next: In Search of the Next Dividend Champions
There's currently 7 companies that are on the threshold of earning their Championship belt. These 7 companies have all increased dividends for 24 years and assuming everything goes right should gain the title of Champion at the end of this year. Who's next to become a Champion?
I wanted to highlight these companies in order to give them their props for being on the cusp of something truly special. These companies all make for great candidates for further research based on their history alone; however, I've also included some valuation metrics as well as my thoughts on the companies and their respective outlooks.
Continue reading the article on Seeking Alpha.
My only holding from the list is UMBF. Conservative, no TARP taken, primary growth via occasional acquisition. Not likely to increase the payout ratio - more likely to reduce shares via buybacks. Their hidden gem is the management of HSA/FSA accounts which results in low cost,sticky assets being on the books.
ReplyDeletedrog98,
DeleteGlad to someone owning one of these lessen known soon to be Champions. UMB definitely looks like a pretty good investment candidate just based on the numbers. A traditional, conservative S&L style bank can lead to excellent investment returns over time.
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