While the markets hit new all time highs on a regular basis, each investor fears the power of a strong market correction; me too!
I'm watching the markets and buy only stocks on a very selective and very restrictive basis. I like to buy stock when everybody is anxious.
Today I've compiled 15 Dividend Achievers, stocks with more than 10 years of consecutive dividend growth, with attractive fundamentals and solid growth forecasts.
I believe in return of high yielding and cheap stocks. If the company grows earnings and sales and you pay a good price, you must get a higher price for your investment one day.
Each of the 15 stocks has a market capitalization over USD 2 billion and a low forward price-to-earnings ratio.
In addition, earnings are expected to grow at a double-digit pace within the next five years and more equity is available than debt.
These are my top results...
#1 QUALCOMM (NASDAQ:QCOM) has a market capitalization of $121.99 billion. The company employs 31,300 people, generates revenue of $26.487 billion and has a net income of $7.534 billion.
QUALCOMM's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $9.008 billion. The EBITDA margin is 34.01 percent (the operating margin is 27.84 percent and the net profit margin 28.44 percent).
Financials: The total debt represents 0.00 percent of QUALCOMM's assets and the total debt in relation to the equity amounts to 0.00 percent. Due to the financial situation, a return on equity of 20.03 percent was realized by QUALCOMM.
Twelve trailing months earnings per share reached a value of $4.40. Last fiscal year, QUALCOMM paid $1.54 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 16.67, the P/S ratio is 4.61 and the P/B ratio is finally 3.13. The dividend yield amounts to 2.29 percent and the beta ratio has a value of 1.16. - See more here: 15 Cheap Dividend Achievers With Solid Fundamentals...
