My favorite part of my financial empire, is my dividend growth account. The idea that I could turn on a passive income sometime in the future without needing to interact with others just brings a smile to my face.

I am not naive I am well aware that possibility is at least a decade away (maybe more), but the best time to plant a tree was yesterday, and the second-best time is today. In the past, I have blown the account up using short puts (which I am still doing but have learned some very real lessons), as well as using the account for a few bigger purchases. With nothing on the horizon, I don’t see another invasion any time soon.

2022 Dividend Growth Screen

In January I gave myself the following parameters for 2022:

  • The company must have increased their divdiend at least 15 years; and

Quarter 2 Dividend Growth Undervalued Screen Results

After cross-referencing the 250 or so of those companies with a dividend growth history of 15+ years with the above screen I was left with the following companies:

  • AROW Arrow Financial Corporation Financial Banks – Regional
  • BHB Bar Harbor Bankshares Financial Banks – Regional
  • BMRC Bank of Marin Bancorp Financial Banks – Regional
  • CTBI Community Trust Bancorp, Inc. Financial Banks – Regional
  • FLIC The First of Long Island Corporation Financial Banks – Regional
  • MCY Mercury General Corporation Financial Insurance – Property & Casualty
  • NWFL Norwood Financial Corp. Financial Banks – Regional
  • PB Prosperity Bancshares, Inc. Financial Banks – Regional
  • SBSI Southside Bancshares, Inc. Financial Banks – Regional
  • TMP Tompkins Financial Corporation Financial Banks – Regional
  • XOM Exxon Mobil Corporation Energy Oil & Gas Integrated

Those companies I have bolded are positions that have been opened. My goal until the next screen is to build the smaller ones (AROW, MCY and NWFL).