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10 Dividend Growth Stocks For June 2019

Published Wed, 19 Jun 2019 08:00:00 -0400 on Seeking Alpha

Justin Law maintains the CCC list, a wonderful resource for dividend growth investors created by the late David Fish. The list contains 884 stocks trading on U.S. exchanges that have paid higher dividends for at least five consecutive calendar years. An accompanying spreadsheet provides valuable data and is updated monthly.
In this article, I rank a subset of the CCC stocks and present the 10 top-ranked stocks for consideration. 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 Communication Services sector.
The CCC List: Communication Services
The latest CCC list (dated 05/31/19) contains 884 stocks. There are 137 Dividend Champions with increasing calendar year payouts for the past 25 years; 232 Dividend Contenders (past 10-24 years); and 515 Dividend Challengers (past 5-9 years).
The CCC spreadsheet contains only 18 Communication Services sector stocks. I ranked 13 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 upside of about 4% and an average dividend yield of 2.9%. An equal-weighted portfolio would have returned 12.9% in the past year. Over the last five years, the stocks have slightly trailed the... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
MEREDITH 37.92   0.0 -0.69 2.30 6.53
AT&T 38.38   16.1 2.38 2.04 5.43
INTERPUBLIC GROUP OF COMPANIES 21.11   12.7 1.66 0.94 4.35
VERIZON COMM 60.43   15.8 3.83 2.46 4.04
OMNICOM GROUP 80.81   13.6 5.94 2.60 3.17
MARCUS 35.08   23.4 1.50 0.64 1.86
COMCAST 46.97   17.9 2.62 0.84 1.81
SINCLAIR BROADCAST GROUP 44.27   13.0 3.40 0.80 1.79
NEXSTAR BROADCASTING GROUP 105.70   13.4 7.91 1.80 1.70
WALT DISNEY 137.50   17.3 7.93 1.76 1.30

MEREDITH - MDP
MEREDITH - MDP  


Older articles featuring Meredith (MDP):
The Most Undervalued And Overvalued Dividend Champions - October 2019
Various Reliable Billionaire Dividend Stocks: For September/October
A Dividend Growth Analysis Of The Dividend Champions
Dividend Champion And Contender Highlights: Week Of June 9
Kiplinger's Most Reliable Dividend Stocks On Earth June Update
Dividend Champion And Contender Highlights: Week Of May 26
24 Upcoming Dividend Increases
Dividend Increases: February 4-8, 2019 (Part 3: Remaining Sectors)
High-Yield Dividend Champion Portfolio January Update
High Yield Dividend Champion Portfolio December Update

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