For Immediate Release
Chicago, IL – February 26, 2020 – Stocks in this week’s article are PulteGroup Inc. (PHM - Free Report) , SYNNEX Corp. (SNX - Free Report) , Republic Services Inc. (RSG - Free Report) , Lam Research Corp. (LRCX - Free Report) and Leidos Holdings Inc. (LDOS - Free Report) .
5 Dividend Stocks Poised for Growth
Amid volatility and low rate environment, dividend investing is a major source of consistent income though it doesn’t offer dramatic price appreciation. Stocks with a history of year-over-year dividend growth boast 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.
As a result, picking dividend growth stocks appear as winning strategies when some other parameters are also included.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/782637/5-dividend-stocks-that-are-poised-for-growth
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