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Reasonably Valued, High Quality, High Yield Dividend Growth Stocks

Published Wed, 13 Nov 2019 00:57:41 -0500 on Seeking Alpha

I've been using a modified version of David Van Knapp's quality scoring system to rank the Dividend Aristocrats, the Dividend Kings, and the Dividend Champions. The system employs five widely used quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 25 points.
A modified version of David Van Knapp's quality scoring system.
My modifications include assigning 3 points to companies that don't have an S&P Credit Rating but carry no debt. In order to rank dividend growth [DG] stocks, I break ties by considering the following factors, in turn:
Dividend Safety Score S&P Credit Rating Dividend Yield My color coding scheme is similar to the one used in the original article, though I differentiate perfect scores.
For more details on the quality scoring system, please refer to any of the linked articles mentioned above.
Key Metrics and Fair Value Estimates
In addition to quality indicators and quality scores, I provide columns with key metrics of interest to DG investors, including years of consecutive dividend increases (Yrs), the dividend Yield for a recent stock Price, and the 5-year compound annual dividend growth rate (5-Yr DGR).
Furthermore, I provide a fair value estimate (Fair Val.) to help identify stocks that trade at favorable valuations. The last column shows the discount (Disc.) or premium (Prem.) of a recent price to my fair value estimate.
To estimate fair value, I reference fair... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
CANADIAN IMPERIAL BANK OF COMMERCE 81.35   9.5 8.59 4.33 5.17
EXXON MOBIL 71.98   17.3 4.15 3.48 4.83
BANK OF NOVA SCOTIA 56.20   11.2 5.02 2.70 4.79
IBM 143.62   14.8 9.68 6.48 4.47
WELLS FARGO 48.65   10.0 4.84 2.04 4.22
TORONTO-DOMINION BANK 56.54   11.9 4.74 2.22 4.02
ROYAL BANK OF CANADA 78.79   11.9 6.61 3.16 4.00
PFIZER 37.28   17.0 2.19 1.44 3.85
GILEAD SCIENCES 66.36   14.4 4.61 2.52 3.76
FRANKLIN RESOURCES 29.79   11.0 2.70 1.04 3.66
3M 170.58   20.6 8.28 5.76 3.41
EATON 87.30   17.0 5.14 2.84 3.27
PINNACLE WEST CAPITAL 93.28   20.9 4.47 2.95 3.21
UNITED PARCEL SERVICE 122.56   22.4 5.47 3.84 3.14
PUBLIC SERVICE ENTERPRISE 61.45   21.3 2.88 1.88 3.07
AMERICAN ELECTRIC POWER 92.02   23.0 4.00 2.68 2.94
COCA-COLA 55.11   33.6 1.64 1.60 2.94
T. ROWE PRICE GROUP 118.12   14.9 7.95 3.04 2.58
TEXAS INSTRUMENTS 130.22   23.8 5.47 3.08 2.42

CANADIAN IMPERIAL BANK OF COMMERCE - CM
CANADIAN IMPERIAL BANK OF COMMERCE - CM  


Older articles featuring Canadian Imperial Bank Of Commerce (CM):
Kiplinger's International Aristocrats: The 98 Most Reliable Dividend Stocks On Earth
The Retiree's Dividend Portfolio - Jane's December Update: The Year-End Review
December 2019 Dividend Portfolio Update
Bert's December Dividend Income Summary
Lanny's January Dividend Stock Watch List
The 98 Most Reliable Dividend Stocks On Earth: Kiplinger's International Aristocrats
The Retiree's Dividend Portfolio - Jane's November Update: A Reminder Why We Sold Shares Of CBL.PD
43 Dividend Boosts Declared December 9
November 2019 Dividend Portfolio Update
Lanny's October Dividend Income Summary

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