To The Moon

SummaryThe 49 Dividend Kings collectively lost 1 basis point in March but retained a positive year-to-date return.The 12 best dividend kings selected for March, based on forecasted growth and valuation, underperformed the average dividend king return by 32 bps.Since July 2021, the buy-and-hold portfolio for this strategy once again falls behind the average dividend king return, it is now trailing by 80 bps on an annualized basis.Dividend KingsThe Dividend Kings are an elite group of companies that have all paid and increased dividends for at least 50 consecutive years. There are multiple lists of the kings on the internet, some that include more than 49 companies. I have chosen to use the list provided by dividend.com that was updated on April 3, 2023, and remains unchanged from the prior