These are not normal times. The COVID-19 pandemic, occurring simultaneously with an oil price war has caused a market crash. Here I examine nine popular dividend growth blue chips that have been hit, in varying degrees, by the crash.
This stock offers an attractive opportunity to obtain a solid, investment-grade company, with a good 4.1% yield, a steady pace of dividend growth, high dividend safety, and the potential that shares are more than 40% undervalued.
In my opinion, at its current pricing, this stock — which appears 19% undervalued right now — is an attractive opportunity to obtain a solid, investment-grade company, with a good 4.1% yield, 49-year record of increasing its dividend every year, and high dividend safety.
This high-yield stock pays a seemingly safe 5.8% and is selling at a significant discount (23% undervalued!).
This stock – which has increased its dividend every year since it began paying one – yields 3.1% and has a strong dividend safety rating. It’s a high-quality company with an AA- credit rating, a top ValueLine safety rating and very good financials. On top of all this, shares appear fairly valued at current prices. I already own the stock, and I consider it to be in the running for my next dividend reinvestment in January.
This is a high-quality, fast-growing company that has been growing its dividend like crazy (20% per year the last 2 years). In addition, its dividend is rated “Very Safe” from Simply Safe Dividends and shares appear 8% undervalued right now.
This stock offers a good yield, 26 consecutive years of dividend increases and the potential that shares are 33% undervalued.
This stock offers of a good yield (almost twice as high as the S&P 500), a safe dividend (rated “Very Safe” from Simply Safe Dividends), and a long record of dividend growth (44 years). On top of all this, shares appear 20% undervalued right now.
With its good yield, very good quality rankings, and significant 25%-36% undervaluation, I think it’s a very attractive dividend growth investment.
This stock has a strong dividend record and currently appears 12% undervalued. The company boasts strong financials with a “fortress balance sheet”… and it has a solid, future-focused business model that’s focused on both growth and efficiency. On top of all this, it has a wide moat rating from Morningstar, a high Safety rating from Value Line, and a solid A- credit rating from S&P. In my opinion, the stock seems like a very attractive dividend growth prospect right now.
