For Immediate Release
Chicago, IL – December 9, 2020 – Stocks in this week’s article are Lennar Corp. (
LEN Quick Quote LEN - Free Report) , TeleTech Holdings Inc. ( TTEC Quick Quote TTEC - Free Report) , Activision Blizzard Inc. ( ATVI Quick Quote ATVI - Free Report) , Thermo Fisher Scientific Inc. ( TMO Quick Quote TMO - Free Report) and ParkerHannifin Corp. ( PH Quick Quote PH - Free Report) . 5 Top-Ranked Stocks with Solid Dividend Growth to Bet On
Dividends are a major source of consistent income for investors in any type of market though it does not offer dramatic price appreciation. While there are several dividend stocks that could provide capital appreciation, zeroing in on stocks with a history of dividend growth leads to a healthy portfolio, with greater scope for 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 dividend growth stocks have superior fundamentals, making them quality and promising investments 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/1142845/5-top-ranked-stocks-with-solid-dividend-growth-to-bet-on 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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Contact: Jim Giaquinto
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