With 2018 wrapping up in a rather ominous manner, I thought it would be an interesting experiment to use only Intrinio data to try and decipher which dividend growth stocks might perform the best in 2019.
For this exercise, I will ONLY look at Intrinio data and their built-in financial ratios and formulas to evaluate a rather large list of stocks (roughly 115 individual companies) I currently hold in my dividend portfolio.
Below are the top 7 companies that rate well. As I have no certainty if this is the start of a bear market (with some sectors & companies down 20%) or just a steep correction, I have attempted to assemble a list of high-quality, dividend growth stocks with stable earnings, increasing dividends, manageable debt and plenty of cash flow to cover those (hopefully) rising dividends – even during difficult times.
Most users are familiar with the dividend yield of a stock and many investors like to keep an eye on this important metric. Usually when an investor sees a yield, they are looking at the trailing dividend yield, which is usually the way an Intrinio user will want to see the data.
Intrinio uses the tag trailing_dividend_yield for this datapoint, however there are many more ways to think about and calculate a firm’s dividend. There are many types of dividend tags and many ways to get data about dividends and some companies report dividends in different ways as well.
This diversity of dividend options makes it important to explore the different ways you can access dividends. The following lists show the numerous ways dividends can be pulled from Intrino data.