James must have read my mind. Reader James asked if I would conduct my search again and post the most attractive looking safe dividend growers. It was exactly what I had in mind.
Those issues that just look so very good, on the basis of their EPS lines of their analysts’ consensus of forward-looking earnings estimates, at this very time would be these 10 outstanding companies: SKWS, NKE, HRL, GILD, CVS, ABC, FDS, AMGN, ROL and DG.
Narrowing that list by the second screen of examining their dividend payout history graphs, NKE, HRL, CVS, ABC, FDS, AMGN and ROL are tops.
The others: SKWS, GILD and DG must be considered as second tier at this time, as their dividend payout history is not yet long enough that they should be safe-dividend growers. They’ve proven themselves to be safe-dividend payers, but not for a long enough time to be called safe-dividend growers yet.
They make excellent option candidates! If we are going to spill again, sell naked puts at a price you’d love to own them at, a few months out, and just wait. You just might get to acquire some incredible bargain shares of each!
In the interest of full and proper disclosure, I own NKE, HRL, GILD, CVS, ABC, FDS, AMGN, ROL and DG already. And, I wouldn’t hesitate a minute to start a position in SKWS.
The pre-openers overseas, had been up a pretty decent amount earlier. Now, at 12:30 am EST, they’re still up, but not by any appreciable amount anymore.
I still contend that this decline, that got so ugly 3 weeks ago, is far from over. We’ve likely got some couple of months more before it might completely right itself, and as it does, so I am presently thinking, we’re likely to see another one, two, maybe even 3 more fearful, high volume sell-offs of shares… or, opportunities, as I like to think of them.
It’s a scary time. Many people are afraid. Market sentiment is poor. These are all positives for those who would be a successful investor. We want high-quality, safe-dividend growers only! And anytime they go On Sale, I want to accumulate more shares in them.
So, James, thanks for asking, and do a little research into each yourself, and make your own decision. Anytime anyone sees a ‘wart’ on one of those ideas I put up, please share that with me… it would be a kindness, and you would be doing us all a favor.
Here’s to your successful investing!
Harold F Crowell