Snap-on Inc. (SNA) is a high-quality mid-cap Dividend Contender with 11 consecutive years of dividend increases that has recently come into fair value.
Consequently, this A- rated company with a pristine balance sheet and only 23% long-term debt to capital has become a rare find in today’s expensive stock market. Identifying high-quality dividend growth stocks has become very challenging.
Nevertheless, this high-quality dividend growth stock saw its stock price slump despite reporting beats on both earnings and sales.
FAST Graphs Analyze Out Loud on Snap-on (SNA)
— Chuck Carnevale
Source: FAST Graphs