Income investors with enough experience know that dividend stocks aren’t fast-and-furious assets. Unlike big tech movers like Palantir, Nvidia, and Tesla, dividend stocks are often steady growers, which perfectly encapsulates how the companies themselves work: steady growth, sustainable cash flow, and, of course, reliable dividends. This concept is especially true for Dividend Aristocrats, a group of S&P 500 listed companies that have increased their dividends for 25 consecutive years or more.
But that doesn’t mean that they’re not great investments if you’re aiming for double-digit returns.
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With that in mind, let’s look at Dividend Aristocrats that have returned more than 10% year-to-date. And better yet, I’ll only include the ones that Wall Street believes still have lots of room for future growth.
How I Came Up With My List
To get my list, I went to Barchart’s Stock Screener tool and used the following filters:
YTD Percentage Change: 10% or more. This simple filter limits the results to stocks that have grown 10% or more year to date.
Current Analyst Ratings: 4 (Moderate Buy) to 5 (Strong Buy). With this filter, I’ll only get Dividend Aristocrats that are well-liked on Wall Street. To be clear, high analyst scores are not a 100% predictor of future performance, but it’s always a good sign when Wall Street is bullish on these companies.
Annual Dividend Yield (Forward): Left blank. This list is mostly about performance, so I’m just adding this filter to show the yields in the results.
Investing Ideas: Dividend Aristocrat. Barchart maintains several themed lists, which are shown on the Investing Ideas page and filter. They cover a wide range of topics, including sector lists (AI, cannabis, biotech, and nuclear), technical lists (golden cross, J-pattern, and 3-day bounce), and even cross-theme lists, such as stocks with unusual options activity or those with the highest insider trading within the last 60 days. Today, I’m sticking with Dividend Aristocrats.
With these filters in place, I ran the screen and got eight results, which I then arranged from highest to lowest percentage change.
Now, let’s discuss the top three, starting with number one:
Caterpillar Inc (CAT)
When you think of construction and mining equipment, chances are you’re thinking of Caterpillar Inc.’s black, white, and yellow logo - and for good reason. The company is a leader in the space, and its extensive portfolio includes diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
[SRC] https://finance.yahoo.com/news/3-dividend-aristocrats-20-ytd-230002045.html
