Dividend-News
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The Most Undervalued And Overvalued Dividend Champions - June 2017
Published Mon, 05 Jun 2017 12:18:03 -0400 on Seeking Alpha
In June of 2015, I started a series of articles in which I highlight the stocks from the Dividend Champions list that have the highest and the lowest Percent Above Average Yield (PAAY) over the past year and over the past five years. PAAY is a measure of how much a stock is above (high PAAY, undervalued) or below (low PAAY, overvalued) its usual yield, and can be an indication that the stock is mispriced. Please see my previous article for the April 2017 list to refresh your memory of what the lists looked like a few month ago. In this article, I present the updated list for April. Please note that the Dividend Champions list is maintained by David Fish. I trust him to maintain the list, and I assume that the information he presents is accurate. Any changes to the list are made by him. All historical price and dividend data used to calculate the PAAY were taken from Yahoo Finance. I attempted to correct any errors that I found or that were pointed out to me by others.
Before I start, as I do in each of these articles, let me give a quick review of the thought process behind PAAY for those who are not familiar with it. Many stocks can trade within a fairly consistent range of yields over time. But if you find a stock that is trading at a higher yield than it usually does, it may be an indication that it is undervalued. There can be two reasons for an above-average yield: the price is down or the dividend has increased. Or, of course, it could be a combination of both. If the price... Read more
| Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HELMERICH & PAYNE | 40.76 | 0.0 | -0.68 | 2.84 | 6.74 | |||||||
| EXXON MOBIL | 71.98 | 17.3 | 4.15 | 3.48 | 4.83 | |||||||
| NATIONAL RETAIL PROPERTIES | 54.39 | 35.8 | 1.52 | 2.06 | 3.81 | |||||||
| FRANKLIN RESOURCES | 29.79 | 11.0 | 2.70 | 1.04 | 3.66 | |||||||
| ARCHER-DANIELS-MIDLAND | 41.45 | 17.8 | 2.33 | 1.40 | 3.47 | |||||||
| FEDERAL REALTY INVESTMENT TRUST | 135.76 | 40.4 | 3.36 | 4.20 | 3.00 | |||||||
| UNIVERSAL HEALTH REALTY INCOME TRUST | 99.09 | 78.6 | 1.26 | 2.72 | 2.84 | |||||||
| VECTREN | 72.38 | 30.4 | 2.38 | 1.92 | 2.66 | |||||||
| T. ROWE PRICE GROUP | 118.12 | 14.9 | 7.95 | 3.04 | 2.58 | |||||||
| WGL HOLDINGS | 83.26 | 15.7 | 5.29 | 2.04 | 2.44 | |||||||
| TARGET | 108.94 | 18.0 | 6.04 | 2.64 | 2.43 | |||||||
| 1ST SOURCE | 47.60 | 14.2 | 3.35 | 1.08 | 2.36 | |||||||
| MCDONALDS | 212.15 | 27.9 | 7.61 | 4.64 | 2.21 | |||||||
| BEMIS | 57.25 | 22.9 | 2.50 | 1.28 | 2.20 | |||||||
| ABM INDUSTRIES | 36.85 | 27.5 | 1.34 | 0.72 | 2.00 | |||||||
| GRAINGER, W.W. | 293.60 | 20.0 | 14.65 | 5.76 | 1.98 | |||||||
| PARKER HANNIFIN | 181.60 | 15.8 | 11.46 | 3.52 | 1.94 | |||||||
| HORMEL FOODS | 44.00 | 24.3 | 1.81 | 0.84 | 1.92 | |||||||
| MGE ENERGY | 75.07 | 30.5 | 2.46 | 1.41 | 1.92 | |||||||
| VF CORP | 90.35 | 31.6 | 2.86 | 1.72 | 1.91 | |||||||
| SJW | 68.28 | 37.5 | 1.82 | 1.20 | 1.81 | |||||||
| GORMAN-RUPP | 33.95 | 23.4 | 1.45 | 0.54 | 1.70 | |||||||
| DONALDSON | 52.19 | 25.5 | 2.05 | 0.84 | 1.64 | |||||||
| MINE SAFETY APPLIANCES | 113.54 | 36.6 | 3.10 | 1.68 | 1.52 | |||||||
| RLI | 90.18 | 32.6 | 2.77 | 0.92 | 1.03 | |||||||
| STEPAN | 98.17 | 21.9 | 4.48 | 1.00 | 1.02 | |||||||
| SHERWIN-WILLIAMS | 538.95 | 43.3 | 12.44 | 4.52 | 0.87 | |||||||
| BARD, C.R. | 333.19 | 43.9 | 7.59 | 1.04 | 0.31 | |||||||
| CHESAPEAKE FINANCIAL SHARES | 26.60 | 0.0 | 0.00 | 0.00 | 0.00 |