ZTS - Top 15 High Growth Dividend Stocks For February 2024
2024-02-05 01:23:38 ET
Summary
- The SPDR S&P 500 ETF Trust had a 1.59% return in January, outperforming Vanguard's Dividend Appreciation Index Fund ETF Shares.
- The top 15 dividend growth stocks for February 2024 offer an average dividend yield of 1.43% and appear to be about 29% undervalued based on dividend yield theory.
- Since its inception in September 2020, the watchlist has been rocking a cool 13.21% annualized return, beating VIG by 2.59% and SPY by 1.58%.
Quality Stocks
The SPDR S&P 500 ETF Trust ( SPY ) posted a 1.59% return in January, kicking off the new year on a positive note. Vanguard's Dividend Appreciation Index Fund ETF Shares ( VIG ) locked in a slightly lower gain of 1.23% in the prior month. My watchlist underperformed both, posting a very weak return of minus 2.79%. After two strong months of outperformance the watchlist saw a small pullback in January. As we all know, some months are better than others, I remain optimistic the watchlist will remain competitive in 2024....
Top 15 High Growth Dividend Stocks For February 2024