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Strategies & Market Trends : Dividend investing for retirement

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To: Grommit who wrote (5884)9/21/2010 1:58:28 PM
From: chowder  Read Replies (2) of 34328
 
CAG doesn't meet my criteria for purchase. My blanket comments about buying signals were directed towards companies like PG and other long term dividend raising companies that have shown that regardless of economic conditions over the last 25 plus years, they continue to show that when they warn and at the same time raise dividends, it's been a huge buying signal for long term holding.

With 40-50 plus years of raising dividends, I think we have a good record of how a company performs under almost every economic condition, and that's a great comfort to me as I get older. <lol>

I'm not saying CAG isn't a buy, but I prefaced the statement with "high quality" companies and those are the Aristocrats for the most part.

High Quality as defined by Miller is a company with superior financial strength, low debt, strong cash flow and credit worthiness. It has a safety rating by Value Line of 1 or 2. Or, a Morningstar rating of BBB+ or better. ... Then I look for a long history of raising dividends.
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