Dividend investors often overlook technical timing, focusing instead on fundamentals and stock valuation. However, using Barchart’s technical indicators can aid in identifying attractive dividend stocks. By applying specific filters like positive technical indicators, strong buy ratings, and dividend aristocrats, investors can narrow down their choices to find high-quality growth and income stocks.
Running Barchart’s Stock Screener with filters for buy signals, strong buy ratings, and dividend aristocrats yielded four compelling companies for dividend investing. Coca-Cola, a well-known brand, offers a nearly 3% yield and maintains strong buy ratings. Nucor Corp, a steel company, provides a 1.5% yield with strong buy ratings from both analysts and technical opinion.
Walmart, a retail giant, offers a diverse range of products and a yield just under 1%. With strong buy ratings and positive technical indicators, it presents a solid investment opportunity. Lastly, West Pharmaceutical Services, specializing in drug delivery systems, pays an 88 cents dividend with strong buy ratings and significant upside potential. These companies showcase the potential for both dividend income and growth.
Investors seeking stable dividend growth should consider high-rated dividend aristocrats like those identified through Barchart’s technical tests. By utilizing Wall Street ratings and Barchart Opinion to filter out market noise, investors can make informed decisions on which dividend stocks to add to their portfolios.
Read more at Yahoo Finance: These 3 High-Rated Dividend Aristocrats Passed Every Barchart Technical Test
