Dividend-News

Daily dividend news for investors in dividend stocks


10 Dividend Growth Stocks For May 2019

Published Sat, 11 May 2019 08:30:00 -0400 on Seeking Alpha

The CCC list was created by the late David Fish and now is maintained by Justin Law. The list contains nearly 900 stocks trading on U.S. exchanges that have paid higher dividends for at least five consecutive calendar years. An accompanying spreadsheet provides valuable data for dividend growth investors. The spreadsheet is updated every month.
In this article, I rank a subset of the CCC stocks and present the 10 top-ranked stocks for further research. My ranking system assigns letter grades to stocks relative to their performance among sector peers. A sector-oriented ranking system avoids the problems associated with ranking dissimilar stocks.
This month I decided to rank CCC stocks in the Industrials sector.
The CCC List: Industrials
The latest CCC list (dated 04/30/19) contains 878 stocks. There are 135 Dividend Champions with increasing calendar year payouts for the past 25 years; 226 Dividend Contenders (past 10-24 years); and 517 Dividend Challengers (past 5-9 years).
The CCC spreadsheet contains 126 Industrials sector stocks. I ranked 98 of these stocks after excluding stocks trading over the counter, stocks with market caps below $1 billion, and stocks with yields below 1%.

Source: Finbox.io
Collectively, the stocks have a fair value downside of about 10% and an average dividend yield of 2.1%. An equal-weighted portfolio would have returned 4.4% in the past year. Over the last three years, the stocks have essentially matched the performance... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
3M 170.58   20.6 8.28 5.76 3.41
CUMMINS 165.05   10.1 16.38 5.24 3.20
FASTENAL 33.63   25.1 1.34 0.88 2.68
ILLINOIS TOOL WORKS 159.85   21.5 7.45 4.28 2.54
SNAP-ON 162.86   13.2 12.32 3.80 2.40
UNION PACIFIC 167.71   19.9 8.42 3.88 2.32
BOEING 375.63   44.0 8.54 8.22 2.22
ROBERT HALF INTERNATIONAL 55.63   14.6 3.81 1.24 2.21
RAYTHEON 197.45   18.2 10.87 3.77 1.95
HONEYWELL INTERNATIONAL 168.63   17.9 9.44 3.28 1.93
AO SMITH 51.71   20.8 2.49 0.88 1.77
FEDEX 173.51   93.8 1.85 2.60 1.51
NORTHROP GRUMMAN 365.22   19.5 18.72 5.28 1.49
SOUTHWEST AIRLINES 54.98   12.7 4.32 0.72 1.35
ROLLINS 34.72   49.1 0.71 0.42 1.22
TORO 73.60   29.0 2.54 0.90 1.22

3M - MMM
3M - MMM  


Older articles featuring 3m (MMM):
Dividend Champion And Contender Highlights: Week Of November 17
My 10-Year-Old's First Dividend Growth Stock: Coca-Cola
Reasonably Valued, High Quality, High Yield Dividend Growth Stocks
3M Board Declares Quarterly Dividend
Dividend Kings Analysis: Water Utilities Can Reduce Portfolio Volatility
Top 10 Dividend Kings For November
The Best Dividend Aristocrats To Buy In November
Here Are Your 57 Dividend Aristocrats For November
Lanny's Dividend Stock Purchase Activity - October 2019
Swapping Apple For Apple - October Dividend Portfolio Update

More