October Update: Fresh Names on My Dividend Radar

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Dividend Opportunities I’m Tracking Now

Hey friends — Max here.

Every month I run the same routine: scan nearly 100 dividend-paying companies, filter fast, then dig deep. Most get cut. Only the best survive.

Here’s the win for you: I’ve already done the heavy lifting. What follows are the strongest names — companies that passed every screen and earned a spot on my radar.

And this October, the list hits different. Out of the full batch, six names stood out immediately — the first to catch my attention, the ones I’ll be watching closest (and likely adding when timing lines up).

Think of them as front-row picks: businesses with real track records, steady dividend raises, and strong runways ahead.

🔥 Why This Month’s Watchlist Stands Out

• 🎯 Top 6 Front Runners — elite names I’m circling in October, most likely to get my money.
• 💎 Undervalued Gems — quality dividend stocks trading below fair value right now. Yield + growth, on sale.
• 🚀 The Full Power List — every company that survived my 100-stock screen this month. Always fresh, always updated, always ahead.
• 🎁 Super Bonus — Direct link inside the MaxDividends App with live data, scores, and dividend metrics at your fingertips.

👉 Start at the Top 6, move through the Gems, finish with the full list — everything you need to stay one step ahead this month.

— Max

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🎯 My 6 Standout Candidates for October

Novo Nordisk (NVO)

Dividend Yield 3.08% | MaxRatio 17.36 | Financial Score 97

Novo Nordisk is a global healthcare leader best known for its diabetes and obesity treatments. Founded in 1923 and headquartered in Denmark, the company operates in more than 170 countries, with products serving millions of patients worldwide.

Key Business Segments

• Diabetes & Obesity Care – Insulin, GLP-1 therapies, and innovative treatments for diabetes and weight management.
• Rare Disease Treatments – Specialty medicines targeting hemophilia, growth disorders, and other rare conditions.
• Biopharma & R&D – Heavy investment in next-generation biologics and clinical trials for chronic diseases.

Takeaway: With 29 straight years of dividend increases and 173% dividend growth in the last five years, Novo Nordisk is one of the most reliable healthcare dividend growth engines in the world.

Shoe Carnival (SCVL)

Dividend Yield 2.70% | MaxRatio 16.66 | Financial Score 98

Shoe Carnival Inc. is a U.S. footwear retailer offering affordable brand-name shoes for the entire family. Founded in 1978 and headquartered in Evansville, Indiana, it runs 400+ stores across the U.S. and Puerto Rico, blending value pricing with an upbeat in-store experience.

Key Business Segments

• Retail Stores – Wide selection of athletic, casual, and dress footwear for men, women, and children.
• E-Commerce – Online sales with buy-online, pick-up in-store convenience.
• Private Label Brands – Exclusive offerings that boost margins and differentiate the product mix.
• Loyalty Program (Shoe Perks) – Personalized promotions and repeat-customer rewards.

Takeaway: With 218% dividend growth in just five years and a conservative payout ratio under 20%, Shoe Carnival has emerged as a true dividend growth underdog.

Bank OZK (OZK)

Dividend Yield 3.44% | MaxRatio 9.39 | Financial Score 92

Bank OZK is a regional bank headquartered in Little Rock, Arkansas. Founded in 1903, it operates across the Southern U.S., offering retail and commercial banking services with a focus on conservative lending.

Key Business Segments

• Community Banking – Personal checking, savings, and lending services across multiple states.
• Commercial Real Estate Lending – Nationally recognized lender in real estate development finance.
• Treasury & Wealth Management – Services tailored to both individuals and businesses.

Takeaway: With 25 consecutive years of dividend increases and a payout ratio under 30%, Bank OZK is a steady regional bank with dependable dividend growth.

goeasy Ltd (GSY) | Canada

Dividend Yield 3.54% | MaxRatio 40.68 | Financial Score 98

goeasy Ltd. is a Canadian financial services company providing non-prime lending and lease-to-own products. Founded in 1990 and headquartered in Mississauga, Ontario, it serves customers often overlooked by traditional banks.

Key Business Segments

• easyfinancial – Non-prime consumer lending and installment loans across Canada.
• easyhome – Lease-to-own business for household goods and furniture.
• Credit & Insurance Services – Expanding portfolio of credit protection and related products.

Takeaway: With 277% dividend growth in the last five years and 21 straight years of raises, goeasy is one of the most aggressive dividend growth stories in North America.

FedEx (FDX)

Dividend Yield 2.37% | MaxRatio 12.05 | Financial Score 97

FedEx Corporation is a global leader in logistics, e-commerce, and business services. Founded in 1971 and headquartered in Memphis, Tennessee, it operates in over 220 countries and territories with one of the world’s largest express delivery networks.

Key Business Segments

• FedEx Express – Time-definite international and domestic shipping.
• FedEx Ground – Cost-effective package delivery across the U.S. and Canada.
• FedEx Freight – Less-than-truckload freight services nationwide.
• FedEx Logistics – Supply chain solutions including brokerage and warehousing.

Takeaway: With over 100% dividend growth in the last five years and a growing role in global trade, FedEx is turning into a surprisingly strong dividend growth stock.

Enghouse Systems (ENGH) | Canada

Dividend Yield 5.68% | MaxRatio 29.71 | Financial Score 99

Enghouse Systems Ltd. is a Canadian software and IT services company. Founded in 1984 and headquartered in Markham, Ontario, it develops enterprise software solutions for telecom, customer experience, and IT infrastructure worldwide.

Key Business Segments

• Interactive Management Group – Contact center software, video collaboration, and customer engagement solutions.
• Asset Management Group – Network software, operations support, and IT infrastructure tools.
• Acquisitions – Growth strategy built around acquiring and integrating complementary software firms.

Takeaway: With a 5.7% yield, 138% dividend growth over five years, and 15 straight years of raises, Enghouse combines growth, scale, and income in one of the strongest packages among Canadian dividend stocks.

✨ These six are my “front runners” for October. They’ve cleared every screen, proven themselves over time, and sit at the top of my focus list this month.

👉 Next up: the undervalued dividend gems I’m tracking — the names trading below fair value today, offering some of the best entry points you’ll find.

💎 Undervalued Dividend Gems – October 2025

Here are the undervalued dividend stocks I’m tracking right now — companies with strong balance sheets, steady growth, and fair valuations. Think of these as “on sale” dividend machines:

• T. Rowe Price (TROW) – 4.9% yield, 63% 5Y growth. A dividend powerhouse in asset management, 25+ years of raises.
• Monolithic Power Systems (MPWR) – Yield under 1%, but 213% 5Y growth. A compounding machine in semiconductors.
• Lockheed Martin (LMT) – 2.6% yield, decades of raises. Defense giant, reliable payer.
• L3Harris (LHX) – 1.6% yield, 62% 5Y growth. Aerospace & defense with steady dividend momentum.
• Northrop Grumman (NOC) – 1.5% yield, strong payout discipline. Long-term defense contracts drive stability.
• FactSet (FDS) – 1.5% yield, 46% growth. Data & analytics firm with rock-solid finances.
• PulteGroup (PHM) – Small yield (0.6%) but 82% 5Y growth. Homebuilder turning housing demand into dividend hikes.
• W.W. Grainger (GWW) – 0.9% yield, 41% growth. Industrial distributor, reliable and consistent.
• Lithia Motors (LAD) – 0.7% yield, 76% 5Y growth. Auto dealership leader with impressive dividend compounding.
• Kforce (KFRC) – 5.0% yield, 111% 5Y growth. Staffing firm with surprising dividend muscle.
• Teleperformance (TEP) – 6.6% yield, 103% 5Y growth. Global outsourcing leader, one of the highest yielders on my list.
• Yokogawa Bridge (5911) – 3.9% yield, 197% 5Y growth. Japanese infrastructure builder, dividend quietly booming.
• Oricon (4800) – 4.4% yield, 112% 5Y growth. Digital media and info services, consistent payer in Japan.
• Nihon Denkei (9908) – 4.2% yield, 161% 5Y growth. Equipment leasing with a growing dividend stream.
• Ai Holdings (3076) – 3.7% yield, 138% 5Y growth. Japanese conglomerate with steady dividend growth.

📌 The Complete Dividend Watchlist – October 2025

We’ve walked through my Top 6 front runners.
We’ve highlighted the Undervalued Dividend Gems.

But maybe you’re thinking: “What if I want the full picture? What if I want to study on my own and follow the entire set of names I’m tracking?”

Perfect. That’s exactly what’s waiting for you.

Inside the MaxDividends App, you’ll find the complete dividend watchlist — every single company I’ve screened this month. Fresh. Updated. With all the key parameters laid out: yield, growth, payout ratios, financial scores, MaxRatio. In the best tradition of the Five-Step Formula and powered by our Dividend Eagles system.

👉 In other words, this is the crème de la crème of dividend stocks right now.

My WatchList – Complete list

🎁 Bonus: How to Use This Goldmine

Here’s the thing: you don’t need to overcomplicate dividend investing. The beauty of this strategy is that it’s dead simple, time-tested, and insanely powerful.

You’ve got my monthly watchlist — now here’s how to turn it into results:

1. Start with the Ideas of the Month

Each month I highlight a handful of names (my Top 6 + Undervalued Gems). These are ready-made candidates you can add to your research or portfolio.

2. Or build from the Full Watchlist

Inside the MaxDividends App, you’ll see the entire list — screened through the Five-Step Secret Formula. Only the names that clear all five tests make it through. Proven Dividend Eagles, reliable, and battle-tested through every market cycle.

That’s the crème de la crème. These are the companies you can count on as the backbone of your dividend portfolio. They’re the backbone of my strategy — the crème de la crème of dividend payers.

3. Buy Them Undervalued

Don’t chase overpriced stocks. Use the watchlist to spot the ones trading at a discount today. That’s how you lock in better yields and set yourself up for stronger long-term compounding.

4. Enjoy the Income & Reinvest

Dividends hit your account? Don’t let them sit. Reinvest them into the best names from the list. Month after month, year after year, this is how your income snowballs.

5. If a company cuts dividends? Sell

Simple rule. If they stop paying you, they’re out. Replace it with a stronger name from the watchlist. No drama, no hesitation.

👉 That’s it. This isn’t theory — it’s the exact step-by-step playbook dividend investors have used for decades to retire early and live off their portfolios.

With the watchlist in your hands, you’ve got a shortcut to the best dividend businesses on the planet — filtered, tested, and ready.

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Help & Support

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*Disclaimer: This article reflects the author’s personal opinions and is intended for educational and entertainment purposes only. It does not constitute financial advice in any form. Always do your own research and consult a licensed financial advisor. The author may hold positions in some of the stocks mentioned, in line with the views expressed. This is a disclosure, not a recommendation to buy or sell any securities.

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