We screened the list of Dividend Champions, looking for those that offered the potential for the highest future total return based on analyst estimates for earnings growth over the next five years. We consider using analyst estimates as a rational starting point based on the theory that analysts assigned to a specific stock have likely conducted a comprehensive research effort with which they based their growth estimates on. Furthermore, in addition to analyst estimates, current valuation was the second most important component of assessing future potential total returns.
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