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Retirement Strategy: An Obvious Future Dividend Aristocrat, But It Is Too Expensive To Buy Right Now

Published Fri, 10 Jul 2020 09:15:00 -0400 on Seeking Alpha

Seeking AlphaRetirementRetirement Strategy: An Obvious Future Dividend Aristocrat, But It Is Too Expensive To Buy Right NowJul. 10, 2020 9:15 AM ET|| Includes: AAPL, ABBV, ABT, ADM, ADP, AFL, ALB, AMCR, AOS, APD, ATO, BDX, BEN, BKDKP, CAH, CARR, CAT, CB, CINF, CL, CLX, CTAS, CVX, DOV, ECL, ED, EMR, ESS, EXPD, FRT, FRT.PC, GD, GPC, GWW, HRL, ITW, JNJ, KMB, KO, LEG, LIN, LOW, MCD, MDT, MKC, MKC.V, MMM, MSFT, NUE, O, OTIS, PBCT, PBCTP, PEP, PG, PNR, PPG, ROP, ROST, RTX, SHW, SPGI, SWK, SWP, SYY, T, T.PA, TBB, TBC, TGT, TROW, VFC, WBA, WMT, XOMby: Regarded SolutionsRegarded Solutions Portfolio strategySummaryDividend growth investors need to look ahead for a continuous reliable income stream.
Many of today's Dividend Aristocrats will continue into the future but adding obvious stocks now, prior to aristocrat eligibility, will pay off over the years.
There are a few obvious stocks that should be considered, but a great one is too expensive to buy right now!
As dividend growth investors for a more secure financial future and retirement, we can't just expect all aristocrats of today will go on forever. Don't misunderstand; most great companies will continue to flourish and supply our income stream. But by adding the most obvious future aristocrats now, an investor can grow right along with that company's salad years.
Companies that aggressively raise their dividends now should not only grow your income stream, but be the foundations of your entire plan. I don't have a crystal ball, but if I dig beneath the surface of a stock - into its cash flow, cash reserves, company value, and a few other obvious areas - I should be able to make an educated suggestion for the future.
2020 Dividend Aristocrats And Kings
As of 2020 there are 66 Dividend Aristocrats and kings, but it is more than difficult to focus on some that might drop off the list:
Consumer Staples Archer-Daniels-Midland (ADM) | [5/3/20] Amcor (AMCR) | [5/24/20] Brown-Forman (BF-B) | [6/10/20]... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ABBVIE 70.83   26.0 2.72 4.28 6.28
AT&T 38.38   16.1 2.38 2.04 5.43
EXXON MOBIL 71.98   17.3 4.15 3.48 4.83
PEOPLE'S UNITED FINANCIAL 16.06   12.3 1.31 0.71 4.52
CARDINAL HEALTH 48.48   10.8 4.51 1.92 4.01
CHEVRON 121.42   15.7 7.72 4.76 3.91
LEGGETT PLATT 42.18   19.6 2.15 1.60 3.82
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
FRANKLIN RESOURCES 29.79   11.0 2.70 1.04 3.66
ARCHER-DANIELS-MIDLAND 41.45   17.8 2.33 1.40 3.47
3M 170.58   20.6 8.28 5.76 3.41
CONSOLIDATED EDISON 90.19   21.4 4.21 2.96 3.31
WALGREENS BOOTS ALLIANCE 55.56   10.9 5.10 1.83 3.22
CATERPILLAR 131.75   12.3 10.74 4.12 3.16
GENUINE PARTS 97.52   18.1 5.38 3.05 3.14
KIMBERLY-CLARK 133.58   25.8 5.18 4.12 3.14
NUCOR 53.69   7.6 7.09 1.60 3.04
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
COCA-COLA 55.11   33.6 1.64 1.60 2.94
JOHNSON & JOHNSON 130.43   21.6 6.03 3.80 2.93
PEPSICO 137.29   15.2 9.02 3.82 2.81
CLOROX 160.20   25.3 6.34 4.24 2.68
T. ROWE PRICE GROUP 118.12   14.9 7.95 3.04 2.58
ILLINOIS TOOL WORKS 159.85   21.5 7.45 4.28 2.54
PROCTER & GAMBLE 122.77   90.3 1.36 2.98 2.49
ESSEX PROPERTY TRUST 324.02   52.2 6.21 7.80 2.43
TARGET 108.94   18.0 6.04 2.64 2.43
COLGATE PALMOLIVE 72.29   27.5 2.63 1.72 2.38
MCDONALDS 212.15   27.9 7.61 4.64 2.21
AIR PRODUCTS & CHEMICALS 220.67   28.6 7.72 4.64 2.17
GENERAL DYNAMICS 189.41   16.8 11.25 4.08 2.17
ALBEMARLE 69.28   13.5 5.12 1.47 2.15
AFLAC 51.47   12.6 4.10 1.08 2.12
SYSCO 77.72   24.3 3.20 1.56 2.03
DOVER 99.67   24.4 4.08 1.96 2.02
MEDTRONIC 110.38   33.8 3.27 2.16 2.01
CINCINNATI FINANCIAL 113.24   15.3 7.41 2.24 2.00
GRAINGER, W.W. 293.60   20.0 14.65 5.76 1.98
ATMOS ENERGY 109.44   25.9 4.23 2.10 1.93
ADP 160.41   30.6 5.24 3.16 1.92
HORMEL FOODS 44.00   24.3 1.81 0.84 1.92
LOWES COMPANIES 113.88   35.6 3.20 2.20 1.91
VF CORP 90.35   31.6 2.86 1.72 1.91
PENTAIR 37.75   17.7 2.13 0.72 1.90
CHUBB 160.10   19.6 8.15 3.00 1.88
STANLEY BLACK & DECKER 147.12   31.3 4.70 2.76 1.87
WAL-MART STORES 116.92   26.3 4.44 2.12 1.83
AO SMITH 51.71   20.8 2.49 0.88 1.77
PPG INDUSTRIES 118.21   23.3 5.08 2.04 1.74
ABBOTT LABORATORIES 85.21   52.3 1.63 1.28 1.54
MCCORMICK 157.81   30.8 5.13 2.28 1.46
APPLE 223.08   19.0 11.73 3.08 1.42
MICROSOFT 137.52   27.1 5.07 1.84 1.35
EXPEDITORS INT 75.21   20.8 3.62 1.00 1.32
BECTON DICKINSON 262.15   92.0 2.85 3.08 1.18
ROSS STORES 109.36   24.8 4.40 1.02 0.94
ECOLAB 197.77   38.8 5.10 1.84 0.93
S&P GLOBAL 251.88   32.0 7.87 2.28 0.90
SHERWIN-WILLIAMS 538.95   43.3 12.44 4.52 0.87
CINTAS 246.51   30.9 7.98 2.05 0.82
ROPER INDUSTRIES 358.48   33.4 10.74 1.85 0.52

ABBVIE - ABBV
ABBVIE - ABBV  


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