Top positive review
15 people found this helpful
This is Pretty Good
on June 16, 2013
For people new to dividend growth investing, this is a good start, well worth the $2.99. It's also not a bad reference for people already into dividend growth investing.
The book starts off explaining why one would want to do dividend growth investing, then goes into the criteria for selecting dividend growth stocks.
Finally, 35 dividend growth stocks are presented, each with a table of pertinent numbers supporting the selection criteria.
Personally, I would eliminate a handful of stocks from this list. Instead of five or more years of dividend dividend growth, I'd pick a minimum of ten years. To live off the income from these stocks, we want companies that can weather crises, such as the 2008/2009 crisis. There are a couple stocks listed with just three years of dividend growth. There were maybe five others with under ten years of increasing dividends. If you stay away from these stocks, there's still over 25 stocks to choose from.
One of the stocks I'd personally skip is General Electric. If you do select this one for yourself, please note that the correct ticker is GE, not GM.
Overall, these are a bunch of companies that have been around for a long time, and I think will be around for many more years. Most have increased dividends for a long time, so I could sleep at night owning these stocks. Because they consistently increase their dividends, I wouldn't be worrying about market crashes. Instead, I'd welcome corrections, thanking the market for giving me the chance to buy more of these stocks at better prices, giving me increased dividend yields.