CCEP - My Top 15 High-Growth Dividend Stocks For July 2024
2024-07-07 04:35:38 ET
Summary
- The SPDR S&P 500 ETF Trust had a 3.53% gain in June, outperforming Vanguard's Dividend Appreciation Index Fund ETF Shares, +1.41%.
- The top 15 dividend growth stocks for July 2024 offer an average dividend yield of 1.56% and appear to be about 31% undervalued based on dividend yield theory.
- Since its inception in September 2020, the watchlist has achieved an 11.07% annualized return.
Quality Stocks
The SPDR S&P 500 Trust ETF ( SPY ) added 3.53% in June posting its 7th positive month out of the last 8 calendar months. Vanguard's Dividend Appreciation Index Fund ETF Shares ( VIG ) posted a more modest gain of 1.41%. And my watchlist performed the weakest of the three, positing a gain of 0.69%. The watchlist continues to struggle in 2024, thus far trailing SPY and VIG every single month this year. Year-to-date my watchlist is down 4.85%, meanwhile VIG is up 7.66% and SPY is up 15.23%. While this underperformance is very large, strong past performance has kept the watchlist relatively close to VIG since inception....
My Top 15 High-Growth Dividend Stocks For July 2024