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3 Promising Specialty Chemical Stocks

Dividend stocks should be a part of everybody’s long-term stock portfolio. Let’s take a look into the specialty chemicals industry, an industry that I have analyzed by the best yielding dividend stocks. Stocks from the industry have a total market capitalization of roughly $1 trillion. The average industry P/E ratio amounts to 11.7, P/B 3.8 and P/S 5.6. The industyy dividend yield amounts to 2.3%.

I screened the industry by stocks with a market capitalization of more than $2 billion, a dividend yield above 2% and a forward P/E ratio of less than 15. Finally, the stock should have an earnings per share growth for the next five years of more than 5%. Below are three major dividend paying players from the industry that met these criteria:

1. Williams Partners (WPZ) has a market capitalization of $15.5 billion, generates revenues in an amount of $6.1 billion and a net income of $876.0 million. It follows P/E ratio is 17.3 and forward price to earnings ratio 14.5, Price/Sales 2.6 and Price/Book ratio 3.1. Dividend Yield: 5.5 percent. The expected EPS growth for next year amounts to 3.7 and 7.0 percent for the upcoming five years.

2. PPG Industries (PPG) hasa market capitalization of $11.5 billion, generates revenues in an amount of $14.4 billion and a net income of $1.0 billion. It follows P/E ratio is 11.5 and forward price to earnings ratio 9.9, Price/Sales 1.1 and Price/Book ratio 2.8. Dividend Yield: 3.1 percent. The expected EPS growth for next year amounts to 7.3 and 10.5 percent for the upcoming five years.

3. International Flavors & Fragrances (IFF) hasa market capitalization of $4.5 billion, generates revenues in an amount of $2.7 billion and a net income of $292.8 million. It follows P/E ratio is 15.5 and forward price to earnings ratio 13.0, Price/Sales 1.7 and Price/Book ratio 3.8. Dividend Yield: 2.2 percent. The expected EPS growth for next year amounts to 11.1 and 6.9 percent for the upcoming five years.

Take also a look at my screening results of 31 best yielding specialty chemicals stocks. The average price to earnings ratio amounts to 12.4 while the average dividend yield amounts to 2.5 percent. Price to book ratio is 2.1 and price to sales ratio 1.1.

About the author:

Dividend
I am a private full time investor searching for investments and investment ideas.

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Rating: 2.8/5 (5 votes)

Comments

tonyg34
Tonyg34 - 2 years ago
here's a list of three stocks for some reason...

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