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65 Dividend Aristocrats Optimal October Outcomes

Published Sat, 10 Oct 2020 13:43:38 -0400 on Seeking Alpha

Seeking AlphaDividend Quick Picks65 Dividend Aristocrats Optimal October OutcomesOct. 10, 2020 1:43 PM ET|| Includes: ABBV, BEN, CAH, CVX, ESS, FRT, GD, O, PBCT, RTN, T, WBA, XOMby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.Summary"S&P 500 Dividend Aristocrats measure performance of S&P 500 companies that have increased dividends every year for 25 consecutive years." - us.spindices.com.
The 65 Aristocrats of October 2020 represent ten of eleven Morningstar Sectors (no Technology). Broker targeted top-ten net gainers ranged 15.11%-52.37% topped by XOM and CVX 10/7/20.
By yield, XOM again tops all Aristocrats. Top-ten yields were from CAH, O, BEN, WBA, ABBV, FRT, PBCT, CVX, T, and XOM, averaging 6.07%.
Aristocrats top ten by broker target price upsides, GD, FRT, ESS, BDX, CB, CAH, ABBV, RTX, CVX, and XOM averaged 24.63% analyst estimated upside.
$5k invested October 7 in the five top-yield lowest priced Aristocrats showed 10.55% LESS net gain than from $5k invested all top ten. Bigger, higher-priced equities lead October's current list of 65 S&P 500 Dividend Aristocrats.
Foreword
As supplement to this article, please note that Kiplinger has published an online slide-show detailing the 65 S&P Dividend Aristocrats for 2020. The article is entitled 65 Best Dividend Stocks You Can Count On in 2020. You will find it written here by Dan Burrows, a contributing editor.
While more than half this collection of now 65 S&P 500 Dividend Aristocrats are too pricey to justify their skinny dividends, half of the top twelve by yield live up to the ideal of offering annual dividends (from a $1k investment) exceeding their price per share.
In the autumn market advance, it is still possible for six (Exxon Mobil Corp. (NYSE: XOM), AT&T (NYSE: T), People's United Financial Inc. (Nasdaq: PBCT), Franklin Resources Inc. (NYSE: BEN), Walgreens Boots... 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
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
FRANKLIN RESOURCES 29.79   11.0 2.70 1.04 3.66
WALGREENS BOOTS ALLIANCE 55.56   10.9 5.10 1.83 3.22
FEDERAL REALTY INVESTMENT TRUST 135.76   40.4 3.36 4.20 3.00
ESSEX PROPERTY TRUST 324.02   52.2 6.21 7.80 2.43
GENERAL DYNAMICS 189.41   16.8 11.25 4.08 2.17
RAYTHEON 197.45   18.2 10.87 3.77 1.95

ABBVIE - ABBV
ABBVIE - ABBV  


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