Dividend Growth Investor Newsletter - Recent Investment on January 13, 2026

Good Morning,

I wanted to let you know that I added to an existing position today. This addition is a result of a screen I shared with you a month or so ago.

I have tried to improve and try to systematize my process as much as possible. This is to reduce impact of errors of ommission as well as errors of commission.

I went ahead, and followed these steps:

1. Obtained the list of dividend aristocrats (S&P 500 companies that have increased dividends for > 25 years)
2. Reviewed trends in earnings per share over the past decade, looking for EPS growht
3. Obtained 5 year dividend growth rate and most recent dividend increase
4. Calculated “estimated returns”

I came up with this list what it helpful in creating a list of companies that I am interested in at the right price. It also shows a quick way to view relative attractiveness as well.

In general, I would not pay more than 25 times forward earnings. I would also avoid putting more than $2,000 into a company (this makes sense given that I invest $1,000/month roughly in this project. Needless to say, those dollar amounts would vary if one is investing different amounts. duh)

I went ahead and re-reviewed the list, starting with the A’s. First of all, you can view the list I posted on December 2nd here - the data is not updated, but it is roughly right. I focused my attention on those companies with the highest “estimated return” on the last column below.