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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
AT&T 33.26   12.4 2.68 2.04 6.05
MEREDITH 53.96   0.0 -0.03 2.30 4.22
VERIZON COMM 57.22   14.8 3.88 2.41 4.19
INTERPUBLIC GROUP OF COMPANIES 23.09   14.4 1.60 0.94 3.96
OMNICOM GROUP 81.57   13.9 5.86 2.60 3.10
MARCUS 33.52   21.4 1.57 0.64 1.90
COMCAST 44.43   16.9 2.63 0.84 1.88
NEXSTAR BROADCASTING GROUP 103.90   12.4 8.35 1.80 1.70
SINCLAIR BROADCAST GROUP 56.38   17.5 3.22 0.80 1.35
WALT DISNEY 142.57   16.0 8.91 1.76 1.21

AT&T - T
AT&T - T  

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The Retirees' Dividend Portfolio - John And Jane's June Taxable Account Update: The Danger Of Making Assumptions
A Real Dividend Growth Machine: 2019 Mid-Year Portfolio Review
My Dividend Growth Portfolio: Q2 2019 Summary
Dividend Champion And Contender Highlights: Week Of July 7
Kiplinger Calls These July International Aristocrats The Most Reliable Dividend Stocks On Earth
My Dividend Growth Portfolio Q2 Update: 41 Holdings, 8 Buys, 8 Sells
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Jobs Day, Tesla Deliveries And Dazzling Dividends (Stocks To Watch Podcast)
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