Published Sun, 04 Aug 2019 20:57:00 -0400 on Seeking Alpha
A stock with a yield higher than usual may be undervalued.
A stock with a yield lower than usual may be overvalued.
Here is the July 2019 list of the most undervalued and overvalued Dividend Champions based on a comparison to historical yield.
In June 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. I had to abandon this series of articles in June of 2017 because the program I used to update prices and keep track of the stocks no longer worked. I now have a replacement program so I am continuing the series. In my previous article you can see the list of the most under and overvalued Dividend Champions from June.
Please note that the Dividend Champions list is the list of stock which have raised their dividend for the past 25 years or more. It was started by, and until recently, was maintained by David Fish. David passed away last year, but, fortunately, the management of the list has been taken over by Justin Law, who is doing a wonderful job. 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... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|TANGER FACTORY OUTLET CENTERS||16.50||21.4||0.77||1.42||8.35|
|HELMERICH & PAYNE||40.76||0.0||-0.68||2.84||6.74|
|NATIONAL FUEL GAS||48.74||14.4||3.39||1.74||3.53|
|WALGREENS BOOTS ALLIANCE||55.56||10.9||5.10||1.83||3.22|
|UNIVERSAL HEALTH REALTY INCOME TRUST||99.09||78.6||1.26||2.72||2.84|
|AIR PRODUCTS & CHEMICALS||220.67||28.6||7.72||4.64||2.17|
|CALIFORNIA WATER SERVICE GROUP||54.31||44.2||1.23||0.79||1.49|
Older articles featuring Tanger Factory Outlet Centers (SKT):Dividend Champions Analysis: Canadian National Railway Is The Newest Champion
With One More Dividend Increase, This REIT Yields 10.5%
Dividend Champion And Contender Highlights: Week Of February 9
My Dividend Growth Portfolio January Update: 36 Holdings, 6 Buys, 2 Sells, 3.71% Yield
5%+ Dividend Yield Portfolio: Tough Sledding For Yield Investors (January 2020 Review)
90 Dividend Boosts Declared February 3, 2020
Searching For Value Among Dividend Growth Stocks
Blue Chip DRiP Portfolio: January Dividend Review And Strategy Updates
Dividend Increases: January 25-31, 2020 (Part 1)
Dividend Champion And Contender Highlights: Week Of February 2