Thursday, March 30, 2023

Which dividend stocks will continue to grow over the next 5 years?

 

Businesses associated with constantly rising share prices and a corresponding constantly rising dividend payouts are  attractive to dividend stock investors.


This is because, investors are confident that these businesses have managements that set and achieve progressively increasing total sales revenue and declining total costs. 


The result, progressively rising profits for appropriation as retained profits, dividend payouts and reinvestment for growth and expansion purposes.


Now, which dividend stocks will continue to grow over the next 5 years?


No one can accurately predict future share prices. Share prices are influenced by speculators' often irrational decisions. 


However, as an investor, you can make near accurate predictions by picking and investing in a portfolio of at least, 15 financially strong and stable high dividend paying businesses. Such businesses can be selected from the "New York Stock Exchange’s 106 Best High Dividend Stocks - Analyzed and Scored” reference book. This book was released in December, 2022.


From this book, the following dividend stocks would, all things being equal, continue to grow over the next five years;


1. Delek Logistics Partners LP (DKL)



2. Chevron Corporation (CVX)



3. Canadian Natural Resources (CNQ)



4. CTO Realty Growth (CTO)



5. Chenier Energy Partners LP (CQP)


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