Swiss Dividend Aristocrats: Stocks with long-term dividend payments and promising growth prospects

Swiss Dividend Aristocrats: Stocks with long-term dividend payments and promising growth prospects

According to a report by www.aktienwelt360.de, Dividend Aristocrats have an exceptional position on the stock market and are of particular interest to income investors. A look at Switzerland shows that companies like Nestlé and Novartis are among the leading dividend aristocrats. Nestlé has consistently increased its dividend for an impressive 28 years, while Novartis has a streak of 26 consecutive dividend increases. These companies could potentially be attractive options for income investors with a longer-term investment horizon due to their long history of dividend payments and promising growth prospects.

Nestlé, one of the world's largest food companies, recorded organic growth of 7.8% in the last nine months and confirmed an underlying operating profit margin of between 17 and 17.5%. The company's financial strength remains clear in a difficult environment. However, the price-to-earnings ratio of over 21 indicates that the stock is rather expensive.

Novartis, a Swiss pharmaceutical company, reported an impressive 12% increase in sales and a 21% increase in core operating income. The Sandoz spin-off, key innovation milestones and increased guidance for 2023 are generating additional interest. The expected P/E ratio of around 15 could represent a certain opportunity.

Overall, Nestlé and Novartis are two outstanding representatives of the Swiss dividend aristocracy that investors should keep an eye on. Quality at Nestlé comes at a price, while the forward P/E ratio at Novartis offers opportunities for value-oriented investors. However, the combination of long-term dividend payments and promising growth prospects could make both stocks potentially attractive options for income investors with a longer-term investment horizon.