[I have identified] 248 stocks with histories of 10+ years of raising dividends…[and] ranked the yields and payout ratios of [each]…to create an average overall rank for each stock. [Here are the top 10 on the list.] Words: 325
So says Scott’s Investments (http://scottsinvestments.blogspot.com/) in excerpts from an article* which Lorimer Wilson, editor of www.munKNEE.com (It’s all about Money!), has further edited ([ ]), abridged (…) and reformatted below for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement. The article goes on to say:
The top 10 stocks based on yield and payout rank are listed below [and should] valuable to investors seeking companies with a commitment to paying dividends, high yield, and dividend sustainability/margin of safety. In addition, stocks were required to have projected forward earnings, which potentially eliminates stocks with dividend growth at immediate risk [such as] Universal (UVV) which would have ranked #4 on the list with its healthy 5.14% yield and low payout ratio of 32% but has no projected forward earnings and earnings growth is projected to decline next year…
Company | Symbol | Yield | Yield Rank | Payout Ratio | Payout Rank | Yield / Payout Rank | Forward P/E |
PartnerRe Limited | PRE | 3.53% | 77 | 19% | 26 | 1 | 8.25 |
Republic Bancorp KY | RBCAA | 3.23% | 98 | 13% | 13 | 2 | 4.71 |
Chesapeake Financial Shares | CPKF.PK | 3.93% | 60 | 26% | 59 | 3 | 6.22 |
ConocoPhillips | COP | 3.62% | 74 | 28% | 70 | 4 | 8.21 |
Meredith Corp. | MDP | 3.27% | 96 | 27% | 64 | 5 | 11.56 |
NACCO Industries | NC | 2.34% | 148 | 13% | 13 | 6 | 6.33 |
Sunoco Logistics Partners LP | SXL | 5.70% | 18 | 49% | 144 | 7 | 15.06 |
Chubb Corp. | CB | 2.54% | 133 | 20% | 30 | 8 | 10.5 |
AT&T Inc. | T | 5.60% | 22 | 50% | 145 | 9 | 12.09 |
Teche Holding Co. | TSH | 4.15% | 51 | 42% | 120 | 10 | 9.01 |
(Note: Data was sourced DRIP Investing, MSN, and Finviz. Always conduct your own research as statistical anomalies can exist, especially in instances of short-term earnings fluctuations skewing payout ratio.)
Who in the world is currently reading this article along with you? Click here to find out.
*http://scottsinvestments.blogspot.com/2011/06/10-top-dividend-growth-stocks-based-on.html
Editor’s Note:
- The above article consists of reformatted edited excerpts from the original for the sake of brevity, clarity and to ensure a fast and easy read. The author’s views and conclusions are unaltered.
- Permission to reprint in whole or in part is gladly granted, provided full credit is given as per paragraph 2 above.