Dividend Stocks at New 52-Week Highs with Low P/E Ratios

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Apr 24, 2012
Stocks at new one-year highs indicate a good health of the company and the future growth perspectives. They are normally highly priced if earnings expectations did not rise.


I screened all stocks with positive dividend payments and a low P/E ratios (below 15) that have crossed recently new one-year highs and tried to find some opportunities. Thirteen companies fulfilled my restrictions of which two have a double-digit yield and four are high yields. Only five of the results are still recommended to buy.


Here are my favorite stocks:


National Grid (NGG, Financial) has a market capitalization of $37.84 billion. The company employs 27,089 people, generates revenues of $23,126.78 million and has a net income of $3,487.64 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $8,066.88 million. Because of these figures, the EBITDA margin is 34.88 percent (operating margin 26.15 percent and the net profit margin finally 15.08 percent).


Financial Analysis: The total debt representing 50.00 percent of the company’s assets and the total debt in relation to the equity amounts to 256.05 percent. Due to the financial situation, a return on equity of 32.57 percent was realized. Twelve trailing months earnings per share reached a value of $4.95. Last fiscal year, the company paid $2.93 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.72, P/S ratio 1.62 and P/B ratio 2.53. Dividend Yield: 5.69 percent. The beta ratio is 0.61.


BB&T Corporation (BBT, Financial) has a market capitalization of $22.10 billion. The company employs 31,800 people, generates revenues of $6,885.00 million and has a net income of $1,332.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,759.00 million. Because of these figures, the EBITDA margin is 40.07 percent (operating margin 18.89 percent and the net profit margin finally 15.45 percent).


Financial Analysis: The total debt representing 14.53 percent of the company’s assets and the total debt in relation to the equity amounts to 145.65 percent. Due to the financial situation, a return on equity of 7.62 percent was realized. Twelve trailing months earnings per share reached a value of $2.12. Last fiscal year, the company paid $0.65 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.94, P/S ratio 2.56 and P/B ratio 1.26. Dividend Yield: 2.53 percent. The beta ratio is 1.05.


Bank of Hawaii Corporation (BOH, Financial) has a market capitalization of $2.21 billion. The company employs 2,370 people, generates revenues of $439.69 million and has a net income of $160.04 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $243.58 million. Because of these figures, the EBITDA margin is 55.40 percent (operating margin 38.61 percent and the net profit margin finally 27.22 percent).


Financial Analysis: The total debt representing 14.21 percent of the company’s assets and the total debt in relation to the equity amounts to 196.23 percent. Due to the financial situation, a return on equity of 15.89 percent was realized. Twelve trailing months earnings per share reached a value of $3.39. Last fiscal year, the company paid $1.80 in form of dividends to shareholders.


Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.20, P/S ratio 3.73 and P/B ratio 2.18. Dividend Yield: 3.78 percent. The beta ratio is 0.85.


Take a closer look at the full table of dividend stocks at new 52-Week Highs. The average price to earnings ratio (P/E ratio) amounts to 10.95 and forward P/E ratio is 9.74. The dividend yield has a value of 4.20 percent. Price to book ratio is 4.66 and price to sales ratio 3.33. The operating margin amounts to 35.26 percent. The average stock is 0.82 percent below its 52-Week High.


Related stock ticker symbols:

NCT, PMT, MARPS, NGG, LCNB, BOH, BBT, JXSB, MNRK, HOMB, AMOT, PEBK, LION


Selected Articles:

· 13 Large Cap Dividend Stocks At New 52-Week-Highs

· Cheapest Large Caps With Highest Expected Growth As Of April 2012

· The Best Yielding Stocks At New 52-Week Highs

· 8 Dividend Aristocrats At New 52-Week Highs