The Dividend Dogs Rule
The "dog" moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs." More specifically, these are, in fact, best called, "underdogs".
Ten of Eleven Sectors Bring "Safer" Dividends to The S&P SmallCap 600 Index
Ten Morningstar sectors of eleven are represented by the 42 "Safer" members of the S&P SmallCap 600 Index. They showed positive annual returns and margins of cash to cover dividends by this screen as of April 21.
The "safer" dividend S&P SmallCap 600 Index sector... more
One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies that regularly increase dividends show confidence in the potential growth of future earnings. This past week, 28 companies on my watch list announced dividend increases, including three of the stocks I own.
Part 1 of this article covered stocks in the Financial sector. Part 2 covers the non-Financials. The following table presents a summary of these stocks.
The table is sorted by percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year... more
I like monitoring dividend increases for stocks on my watch list because I consider such stocks to be candidates for further analysis. Companies that regularly raise their dividend payments show confidence in future earnings growth potential. This past week, 28 companies on my watch list decided to increase their dividends, including three of the stocks I own.
Part 1 covers stocks in the Financials sector, while Part 2 will cover the non-Financials.
The following table provides a summary of these increases. The table is sorted by percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound... more
The Dividend Champions spreadsheet and PDF have been updated through 4/28/17 and are available here. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; and Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
Two New Champions Highlight April Action
April saw the promotion of the newest Champions, Franklin Electric Co. (Nasdaq: FELE) and People's United Financial (Nasdaq: PBCT), both of which recorded their 25th straight year of higher dividends, boosting the number of Champions to 110. That number may dip again, though, as C.R. Bard (NYSE: BCR) became the third current Champion to agree to be acquired,... more
Tai Sin Electric (OTC:TSNXF) [TSE SP] is one of the best proxies for Singapore's construction growth in the coming years as the market leader in the domestic cable industry. It boasts the lowest trailing P/E and the highest ROE among its listed peers, making it an attractive investment candidate. I arrive at a target price of S$0.62 for Tai Sin Electric by applying a 9 times forward P/E multiple to my estimated FY2019 EPS of S$0.069, which implies a 40% upside based on its share price of S$0.44 as of April 27, 2017.
Started in 1980 and listed in 1998, Tai Sin Electric is a Singapore-listed manufacturer of electrical cables and wires that also trades on an OTC basis in the U.S. It operates through four business segments: Cable & Wire,... more
Looking for high dividend stocks with cash flow growth? Enable Midstream Partners LP (NYSE: ENBL) may be right up your alley. We first covered ENBL in a January 2017 article - this article will update that one.
ENBL grew DCF by 18.77% and EBITDA by 9% in 2016, and turned around its net income, swinging from a -$752M loss to a $290M gain. Its total distributions grew by over 5.65%, and its total distribution coverage grew by 12.42%:
Profile: Enable Midstream Partners is a publicly traded master limited partnership. The partnership owns, operates, and develops strategically located natural gas and crude oil infrastructure assets. It has two operating segments: Gathering and Processing (58%) and Transportation and Storage (42%).
(Source: ENBL Q4 '16... more
We made this reiterated call on April 11th to Yield Hunting! members, when the price was trading at $25.33, or over 8.5% below the closing price on April 25.
We are making this a reiteration call of Uniti Group (Nasdaq: UNIT), formerly Communications, Sales & Leasing (CSAL). The shares have declined back from $28-29 a couple of months ago to the mid $20s. Share weakness can be blamed on:
Recent acquisition[s] thought to be on the expensive side. Windstream (Nasdaq: WIN) being downgraded by Moody's. Higher interest rates. Balance sheet concerns. We have written about Communications, Sales & Leasing (CSAL) previously including our Top Idea from early 2016. We followed it up with another report last December. Our thesis rested on the acquisitions as making the company... more
Johnson & Johnson (NYSE: JNJ) is extremely well diversified in the medical health field with new drugs leading the way and is a defensive business that will make money even in a recession. This article is about why Johnson & Johnson is a dividend income growth and total return investment.
JNJ has increased its dividend for 55 years, making it a Dividend King, and has in the last 52 months had an above average total return. Johnson & Johnson should be a cornerstone of all portfolios and is 8.0% of The Good Business Portfolio. JNJ products cover the full line of medical needs, drugs, medical devices, and consumer products. It's a defensive growth and income company that will not make you rich overnight but will make you a good total return over time. In 2013 JNJ... more
The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on May 22, 2017, to shareholders of record on May 8, 2017. Schnitzer has paid a dividend every quarter since going public in November 1993.... more
Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.29 per share, payable May 31, 2017, to shareholders of record on May 17, 2017.... more