Dividend-News

Daily dividend news for investors in dividend stocks


The 5 Undervalued Blue Chip High Dividend Growth Stocks You Need To Buy Now

Published Sun, 20 Sep 2020 14:18:27 -0400 on Seeking Alpha

Seeking AlphaDividend Quick PicksThe 5 Undervalued Blue Chip High Dividend Growth Stocks You Need To Buy NowSep. 20, 2020 2:18 PM ET|| Includes: AMGN, BBY, CLX, DIA, HD, IBM, JNJ, MO, NEE, PM, PRU, SNA, SPY, T, TROW, TXN, UNP, VFCby: Robert & Sam KovacsRobert & Sam Kovacs Long Only, Dividend Investing, Dividend Growth InvestingSummaryThe core of a dividend portfolio should be made of all weather dividend stocks.
Buying these stocks when they are undervalued is important if you want great performance.
It is once again difficult to find value, but it can be found in every market.
You just need to be willing to look.
Written by Sam Kovacs
A constantly changing market
Last week, I wrote an article on unknown dividend stocks which I believe make great additions to a portfolio. But many investors who read the article told me that they found such stocks speculative and would prefer blue chips.

This is quite understandable. In the framework Robert & I use, we call stocks “All Weather” or “Fair Weather” dividend stocks.
All Weather dividend stocks can be counted on to pay their dividend through thick and thin. They are the bedrock of your portfolio.
Depending on how conservative you are, these stocks could count for 70% to 100% of your portfolio.
I personally like a 80-20 to 90-10 split between All Weather and Fair Weather dividend stocks.
But there is a problem…
The market once again seems expensive, with the S&P 500 (SPY) hovering around pre-pandemic levels.

Source: Seeking Alpha
Some All Weather dividend stocks which we have recommended purchasing in the past year have soared.
Consider Clorox (CLX) for instance. It was already overvalued when I last wrote about the stock in April. As a consequence, it has underperformed the S&P 500. Yet it has still climbed to record prices and historically low dividend yields.

Source: mad-dividends.com
Or look at Union Pacific (UNP),... 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
PHILIP MORRIS INTERNATIONAL 74.90   14.9 5.03 4.68 6.12
AT&T 38.38   16.1 2.38 2.04 5.43
PRUDENTIAL FINANCIAL 88.22   9.0 9.82 4.00 4.61
IBM 143.62   14.8 9.68 6.48 4.47
AMGEN 194.00   15.4 12.62 5.80 2.95
JOHNSON & JOHNSON 130.43   21.6 6.03 3.80 2.93
BEST BUY 67.86   12.2 5.55 2.00 2.90
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
TEXAS INSTRUMENTS 130.22   23.8 5.47 3.08 2.42
SNAP-ON 162.86   13.2 12.32 3.80 2.40
HOME DEPOT 233.80   23.3 10.04 5.44 2.33
UNION PACIFIC 167.71   19.9 8.42 3.88 2.32
NEXTERA ENERGY 220.74   31.7 6.96 5.00 2.29
SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST 272.32   0.0 0.00 5.67 2.10
VF CORP 90.35   31.6 2.86 1.72 1.91
SPDR S&P 500 ETF 301.29   0.0 0.00 5.42 1.82

ALTRIA GROUP - MO
ALTRIA GROUP - MO  


Older articles featuring Altria Group (MO):
COVID Surges Again: Here Are 7 Resilient, Low-Risk Dividend Aristocrats To Prepare Your Portfolio
Philip Morris Has It All - A Growing 6.5% Yield, Value, And Earnings Growth
My Dividend Growth Portfolio - Q3 2020 Summary
The Most Undervalued And Overvalued Dividend Champions - October 2020
Retirement Strategy: What Does Dividend Growth Investing Actually Mean?
Dividend Kings Analysis: 3M Is The Most Undervalued
The Retirees' Dividend Portfolio: John And Jane's September Taxable Account Update
September 2020 Dividend Portfolio Update
Dividends First: My Number 1 Secret To Early Retirement.
October's 65 40Yr+ Annual Dividend Boosters

More