For Immediate Release
Chicago, IL – October 2, 2020 – Stocks in this week’s article are Thor Industries, Inc. (
THO Quick Quote THO - Free Report) , Thermo Fisher Scientific Inc. ( TMO Quick Quote TMO - Free Report) , Big Lots, Inc. ( BIG Quick Quote BIG - Free Report) , Sapiens International Corporation N.V. ( SPNS Quick Quote SPNS - Free Report) and Fortune Brands Home & Security, Inc. ( FBHS Quick Quote FBHS - Free Report) . 5 Cheap Growth Stocks to Buy Amid Volatility
Stock market volatility and near-zero interest rates have been driving the appeal for dividend investing. Though the strategy doesn’t offer dramatic price appreciation, it is a major source of consistent income in the form of an increase in the payouts in any type of market.
Stocks that have a strong history of dividend growth as opposed to those that offer high yields form a healthy portfolio with more scope for capital appreciation.
Peeping Into the Strategy
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.
Furthermore, these have a long history of outperformance than the broader stock market or any other dividend-paying stock over the long term. However, it does not necessarily mean that they have the highest yields.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1069785/5-cheap-dividend-growth-stocks-to-buy-amid-volatility 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. About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
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