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The 13 Best Dividend Aristocrats To Buy In This Uncertain Economy

Published Thu, 16 Apr 2020 15:54:00 -0400 on Seeking Alpha

Last week the S&P 500 had its best week since 1974, roaring higher by 12%. That defies the mounting economic damage the US is facing and plummeting earnings expectations.
Many believe the market has been crazy hot lately as multiples are starting to outpace steadily-deteriorating fundamentals.
When facing the worst recession in 75 years, income investors should trust the bluest of blue chips, such as Dividend Aristocrats and kings for the equity portfolio of their portfolios.
While no dividends are ever 100% guaranteed, aristocrats are some of the best dividend stocks you can buy right now, even with the worst recession in 75 years bearing down on us.
They are not guaranteed to not fall in the coming weeks, but as part of a diversified and prudently-risk managed portfolio, with proper cash/bond allocations, they can make excellent additions to a bunker dividend growth portfolio.
(Source: Imgflip)
Many investors think the market is acting a bit crazy right now.
(Source: Ploutos)
Last week we saw the S&P 500 soar 12% in four days, the 8th best week in market history.

(Source: Ycharts)
Since bottoming (so far) on March 23 (at -35% from the peak, intra-day) the broader market surged 25% in a matter of two weeks.
During periods of high uncertainty, investors are often balanced on the knife-edge between fear and fear of missing out. That's what causes both panic selling and panic buying.
(Source: Brian Gilmartin)
Earnings expectations have fallen off a cliff in recent weeks, as one would expect when about 30% of the US economy (according to the Bureau of Labor Statistics) has shutdown.
Since the start of the year, the 2020 consensus EPS forecast has fallen by about 18% and individual analyst estimates for earnings this year range from about -35% to -15%.
The economic news coming in each week is likely to steadily get worse.

(Source: MarketWatch)
Retail sales last month fell by 8.7%, almost... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
ABBVIE 70.83   26.0 2.72 4.28 6.28
3M 170.58   20.6 8.28 5.76 3.41
EMERSON ELECTRIC 64.71   18.4 3.52 1.96 3.02
FEDERAL REALTY INVESTMENT TRUST 135.76   40.4 3.36 4.20 3.00
T. ROWE PRICE GROUP 118.12   14.9 7.95 3.04 2.58
GENERAL DYNAMICS 189.41   16.8 11.25 4.08 2.17
MEDTRONIC 110.38   33.8 3.27 2.16 2.01
PARKER HANNIFIN 181.60   15.8 11.46 3.52 1.94
ADP 160.41   30.6 5.24 3.16 1.92
LOWES COMPANIES 113.88   35.6 3.20 2.20 1.91
STANLEY BLACK & DECKER 147.12   31.3 4.70 2.76 1.87


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