Recently we released a new feature for our Top Dividend members:
The safe dividend stock list.
The safe dividend list currently has 70 stocks listed on it, each of which has raised its dividend for 20 years or more. Many of these stocks are also on the dividend aristocrats list. The dividend aristocrats list is published by the S&P website.
We’ve used those stocks to create our safe dividend list. We then and added key financial data like the dividend growth rate, payout ratio, income growth rank and industry rank. We’ve used those key dividend data points to rate each stock, giving additional weight to the fact that each of these stocks has been paying and raising it’s dividend for at least 20 years.
Most of the stocks listed have excellent payout ratios. But even stocks that have high payout ratios on this list could be considered as a solid dividend investment because of their excellent track record of raising their dividend. For those that like the high yields there are currently 5 stocks on this list that yield 5% or more.
Top Dividend members can access the safe dividend list here. If you are not a member but want to get access to this list you can sign up here: Top Dividend Stocks.