These 10 U.S.-listed large cap stocks have a strong track record of dividend growth

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As market volatility spurs hunt for stable dividend income, we look at 10 U.S.-listed large cap stocks with a strong track record of dividend growth

This week we search for U.S.-listed companies in these four sectors, which historically have provided stable income during times of market instability, and have recently outperformed relative to the S&P 500 index.We used Trading Central Strategy Builder in our search of the materials, financials, utilities and consumer discretionary sectors. We began by setting a minimum market capitalization threshold of US$5-billion in order to focus on larger, more established companies in the U.S.

In order to find companies with a track record of raising their dividend payments over time, we screened for stocks indicating a five-year average dividend growth rate above 15 per cent; Finally, in order to find stocks that are not overvalued when compared with the benchmark, we filtered for stocks that are indicating a price-to-earnings ratio that is at or below the average of the S&P 500 index, which is currently indicating 19.2.More about Trading Central

is a global leader in financial market research and investment analytics for retail online brokers and institutions. Its product suite provides actionable trading ideas based on technical and fundamental research covering stocks, exchange-traded funds, indexes, forex, options and commodities.

 

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