💡 5 Dividend Portfolio Boosters for August (Bonus Theme List)
SWW BONUS Theme List (PAID Version)
💡 5 Dividend Portfolio Boosters for August
Published Thursday, July 27, 1PM ET
NOT financial advice. Info for Education/Research/Entertainment purposes only.
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As a bonus to SWW subscribers, we apply our Stock Watchlist Weekly proprietary algorithm to a specific theme or category that traders and investors might want to consider when we find an interesting opportunity. As with the primary Sunday newsletter, these lists include stocks that have been screened through an array of fundamental and technical data points to find the top ones with market-beating short- and long-term potential.
As always, the algorithm is limited to assessing substantial public companies: NYSE or NASDAQ listed; highly liquid; optionable; share price under $500.
💡 This Week’s Analysis: This week we altered the parameters of the Stock Watchlist Weekly proprietary algorithm to generate a list of potential solid dividend portfolio investments you might want to look at. Specifically, this search was limited to these requirements:
1) Next Ex-Div Date either confirmed or expected in August (any shares you own before the ex-div date will entitle you to the next dividend payout round, typically a few days later).
2) Mostly Dividend Achievers (stocks with a minimum of 10 consecutive years of dividend payment increase).
3) Quarterly dividend payments at a current dividend yield of 2% or higher for Dividend Achievers; 3% or higher for any other companies.
4) No more than 2 stocks in the same Sector on the final list.
Beyond that, the proprietary algorithm processed and ranked them as follows.
💡 This Week’s List:
KR - Kroger Co. (The)
Sector/Industry/Sub-Industry: Consumer Staples / Consumer Staples Distribution & Retail
Market Cap: $34.44B
Dividend Achiever? YES
Dividend Yield: 2.42%
Ex-Div Date: Aug 14, 2023
Company Description: One of the world's largest grocery retailers, operating supermarkets, multi-department stores, jewelry stores, and convenience stores, and offering a variety of goods, including grocery, pharmacy, health and beauty care products, and more.
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