
As an income investor, I'm always on the hunt for relatively affordable dividend stocks - or, shall I say, undervalued. Dividend growth investors, like me, aren’t usually interested in the stock’s current yield alone - rather, they look for companies that raise their dividends year after year - and that’s where the Dividend Aristocrats come in. The Aristocrats are an elite group of S&P 500 listed companies with a track record of increasing their dividends for at least the last 25 consecutive years. The key, however, is that like any other investment, when you buy is just as important as what you’re buying.
With the market sentiment moving lower, several Dividend Aristocrats have become undervalued, and caught my attention.