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64 S&P 500 Dividend Dogs Hunt In November

Published Fri, 08 Nov 2019 11:14:20 -0500 on Seeking Alpha

Foreword
The many ways to evaluate the S&P 500 list include pitfalls and perils. A straight listing by yield, for example, includes as many top dogs poised to fall amid a few rising stars. This list narrowed the field to 64 stocks with (mostly) positive returns over the past year, and yields greater than 3.5%, assuming their good fortune holds. Nevertheless, past results are never a guarantee of future fates.
Actionable Conclusions (1-10): Analysts Forecast 23.6% To 40.37% Top Ten Net Gains To November 2020
Eight of the ten top S&P 500 dividend dogs by yield were among these top ten gainers for the coming year based on analyst one-year target prices (they are tinted gray in the chart below). Thus, this yield-based forecast for S&P 500 dogs was graded by Wall St. Wizards as 80% accurate.
These projections were based on estimated dividends from $1,000 invested in each of the highest yielding stocks and the median of aggregate one-year analyst target prices, as reported by YCharts. Note: one-year target prices by lone analysts were not applied. Ten probable profit-generating trades projected to October 31, 2020, were:


Nielsen Holdings PLC (NLSN) was projected to net $403.65 based on median target price estimates from fifteen analysts plus dividends less broker fees. The Beta number showed this estimate subject to risk 8% less than the market as a whole.
Macerich Co (MAC) was projected to net $397.28 based on dividends plus mean target... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
MACERICH 33.33   43.9 0.76 3.00 8.91
MACY'S 17.00   5.2 3.29 1.51 8.83
CENTURYLINK 13.53   0.0 -7.43 1.00 7.94
IRON MOUNTAIN 34.14   28.4 1.20 2.44 7.29
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
OCCIDENTAL PETROLEUM 45.40   9.0 5.05 3.16 6.81
HELMERICH & PAYNE 40.76   0.0 -0.68 2.84 6.74
FORD MOTOR 9.41   17.1 0.55 0.60 6.37
NIELSEN HOLDINGS 22.51   0.0 -1.95 1.40 6.25
WILLIAMS 24.29   303.6 0.08 1.52 6.12
SCHLUMBERGER 36.90   24.6 1.50 2.00 5.34
GAP 19.18   7.8 2.45 0.97 5.28

MACERICH - MAC
MACERICH - MAC  


Older articles featuring Macerich (MAC):
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How To Achieve 9% Yield With Lower Volatility: Managing Risk In High-Yield
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