Top 3 Dividend Stocks For 2020

What will 2020 bring us as investors? More dividends! In the next 10 days, I’ll be sharing my favorite dividend picks to start the year with a bang! Today I identify 3 strong dividend-paying companies that didn’t do so well recently. Here’s your chance to grab some shares at a good price.

The selection methodology of those companies is explained in this article:

Now, let’s pick stocks that will do the same for 2020:

Hasbro (HAS)

Hasbro toys


Market cap: 13.70B

Yield: 2.70%

Revenue growth (5yr, annualized): 2.33%

EPS growth rate ((5yr, annualized): -4.32%

Dividend growth rate (5yr, annualized): 15.44%

Hasbro has recently been added to our Mike’s Buy List after posting a bad quarter with below expectations numbers and issued weaker guidance than expected. When you look at how Hasbro stock reacted on the market upon good and bad news, you will notice this is a volatile stock. Double-digit movements (up or down) happened several times in the past couple of years. The company must deal with both the trade war and brick & mortar retail slowdown (notably the Toy’s R Us bankruptcy).

hasbro dividend stock 2020


If there is a company that will benefit from a commercial agreement in the trade war, it’s Hasbro. In a perfect world, the arrival of Frozen II and Star Wars IX will boost Hasbro’s sales and the trade war will end. If this happens, you can expect Hasbro to bounce back to it’s previous highs in terms of market price per share. In the meantime, the company’s cash payout ratio is below 50% and the company should generate growth with the recent acquisitions of Power Ranger (2018) and Entertainment One (2019). The latter is an online platform providing media content. It could be a good way for Hasbro to diversify its sources of income and capture a part of the online world. Management knows what they are doing as one of their divisions is directly involved in digital gaming.

Constellation Brands (STZ)

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