In this article, I seek to identify some of the best dividend growth stocks and I will seek to use empirical numbers to show how a consistent dollar-cost averaging strategy (based on an annual investment outlay of $10k) can help you to achieve millionaire status over 20 years.
Disclaimer: I have got no magical crystal ball in front of me and while I seek to use historical data as my assumption basis, there is no guarantee that future performances will be a replication of historical returns.
I have previously written about the Dividend Yield Theory method to derive a fair value for dividend-paying stocks. The analysis done in this article will seek to derive the stock’s fair value based on this methodology, albeit with a twist.
I will show you how a $10k annual investment (for 20 years) into these 6 dividend growth stocks can help you to achieve millionaire status after 20 years....