Dividend Growth Stocks

The companies with the best dividend growth prospects based on current share price, current franked yield and five year earnings growth forecast. Click on the company name or code to view more detailed information and dividend history.

Stock Company Share
Price
Dividend Hist Div
Growth (%pa)
EPS Growth
(5yr)
Dividend Cover Forecast Yield (5yr)

This is a list of dividend growth share investment prospects based on publicly available fundamental data.

 

The dividend growth stocks are selected based on the current franked dividend – projected forward 5 years based on a current 5 year growth forecast.

 

The companies must have a history of positive dividend growth and positive growth prospects for the next 5 year period. This is to exclude stocks that may be high yielding but have poor prospects going forward (aka ‘a dividend trap’).

 

Finally, for the dividend to be sustainable, an arbitrary dividend cover of at least 1.67 is required.

 

Note that any special dividends are included in annual dividend and as these are unlikely to be recurring, care should be taken to discount their impact. For example, Wesfarmers declared a $2 dividend in February 2019 included a $1 special dividend.

 

Click the link on the share codes to view the individual company’s dividend history to check for special dividends.

 

The list allows you to find potential dividend investment and trading candidates that meet your selection criteria. This is by no means a recommendation list, but merely an interesting start point for your own further evaluation.

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