CA - Top 2 Dividend Compounders To Buy In April (Up To 3.2% Yield)
2024-04-12 17:03:11 ET
Summary
- Prioritizing dividend compounders over high-yield stocks can yield better results for investors with long time horizons.
- In today's market with stretched valuations, being a bargain hunter is difficult.
- Given the market challenges and industry headwinds, two of my favorite market leaders and high quality businesses sold-off, giving investors the rare opportunity to buy them at an attractive valuation.
- Both companies have a relatively low dividend yield, but with a history of double-digit DGR expected to continue alongside strong EPS growth.
If you find yourself in a similar situation as I am, with over 30 years to go before retirement, prioritizing dividend compounders might prove to be a superior strategy, than chasing high-yield stocks.
The key criteria for my investing style is to benefit from both capital appreciation and dividends (reinvesting back in the portfolio) as this can yield substantially better results in the long-term, after all my goal is to beat the market....
Top 2 Dividend Compounders To Buy In April (Up To 3.2% Yield)