On top of analyzing what I think will be the best 2013 dividend stocks (30 stock analyses in this book), my research over the Holidays led me to create a list of 96 US dividend stocks. This exhaustive list has been created based on specific metrics. I’m using dividend filters described in Dividend Growth Freedom Through Passive Income. These metrics have been proven to combine both dividend and capital growth for each company.
Here’s the list of the dividend metrics I used to find the Best US dividend stocks:
Dividend yield over 3%
5 year positive dividend growth
Dividend payout ratio under 75%
Return on equity (ROE) over 10%
5 year positive annual income growth rate
Current price / earnings ratio (PE) under 20
Top US Dividend Stocks for 2013
| Ticker | Name | Dvd Yield | Dvd 5Y Growth | EPS 5Y Growth | Payout Ratio | P/E | ROE | Industry |
|---|---|---|---|---|---|---|---|---|
| STRA | Strayer Education Inc | 6,99 | 26,19 | 11,75 | 46,31 | 7,7 | 159,47 | Schools |
| WU | Western Union Co/The | 4 | 106,99 | 11,82 | 16,66 | 7,26 | 150,47 | Commercial Serv-Finance |
| STX | Seagate Technology PLC | 4,27 | 20,11 | 89,19 | 12,8 | 3,92 | 111,85 | Computers-Memory Devices |
| LMT | Lockheed Martin Corp | 4,88 | 23,36 | 6,1 | 40,93 | 8,88 | 106,18 | Aerospace/Defense |
| CPB | Campbell Soup Co | 3,29 | 7,18 | 24,26 | 48,45 | 14,51 | 77,95 | Food-Misc/Diversified |
| LLTC | Linear Technology Corp | 3,01 | 7,49 | 13,28 | 57,36 | 19,54 | 58,64 | Semicon Compo-Intg Circu |
| K | Kellogg Co | 3,23 | 7,9 | 1,97 | 49,07 | 15,97 | 50,31 | Food-Misc/Diversified |
| AHGP | Alliance Holdings GP LP | 5,76 | 21,67 | 19,72 | 63,6 | 14,35 | 48,46 | Coal |
| CPSI | Computer Programs & Systems Inc | 3,64 | 5,02 | 16,46 | 65,78 | 20,35 | 46,29 | Medical Information Sys |
| MCD | McDonald's Corp | 3,51 | 22,87 | 10,14 | 47,42 | 16,55 | 40,01 | Retail-Restaurants |
| ARLP | Alliance Resource Partners LP | 6,81 | 13,6 | 24,68 | 34,26 | 9,75 | 36,06 | Coal |
| CNP | CenterPoint Energy Inc | 3,78 | 4,05 | 11,38 | 43,71 | 17,39 | 35,66 | Gas-Distribution |
| KMB | Kimberly-Clark Corp | 3,55 | 7,02 | 6,58 | 69,58 | 16,11 | 35,17 | Consumer Products-Misc |
| HNZ | HJ Heinz Co | 3,58 | 6,39 | 5,38 | 66,7 | 16,72 | 33,35 | Food-Misc/Diversified |
| HRB | H&R Block Inc | 4,4 | 7,88 | 9,68 | 60,35 | 13,67 | 32,08 | Commercial Serv-Finance |
| SXL | Sunoco Logistics Partners LP | 3,69 | 9,32 | 44,64 | 54,37 | 13,89 | 31,9 | Pipelines |
| CBRL | Cracker Barrel Old Country Store Inc | 3,08 | 18,47 | 13,14 | 25,73 | 14,18 | 31,68 | Retail-Restaurants |
| MAT | Mattel Inc | 3,39 | 12,28 | 11,7 | 41,26 | 14,92 | 31,52 | Toys |
| FII | Federated Investors Inc | 4,65 | 24,98 | 1,59 | 64 | 11,41 | 29,75 | Invest Mgmnt/Advis Serv |
| PEP | PepsiCo Inc | 3,11 | 9,29 | 2,9 | 49,55 | 16,55 | 26,39 | Beverages-Non-alcoholic |
| DRI | Darden Restaurants Inc | 3,74 | 20,9 | 4,39 | 46,96 | 14,59 | 25,5 | Retail-Restaurants |
| INTC | Intel Corp | 4,14 | 14,09 | 16,55 | 31,89 | 9,31 | 24,94 | Electronic Compo-Semicon |
| MSFT | Microsoft Corp | 3,08 | 14,87 | 6,52 | 39,58 | 11,44 | 24,5 | Applications Software |
| HAS | Hasbro Inc | 3,9 | 18,13 | 5,83 | 41,07 | 13,84 | 23,71 | Toys |
| SYY | Sysco Corp | 3,51 | 7,28 | 3,07 | 55,99 | 14,23 | 23,16 | Food-Wholesale/Distrib |
| GIS | General Mills Inc | 3,31 | 10,81 | 17,79 | 51,05 | 15,39 | 22,96 | Food-Misc/Diversified |
| TAL | TAL International Group Inc | 7,4 | 19,46 | 123,41 | 58,79 | 11,24 | 22,59 | Transport-Equip&Leasng |
| KLAC | KLA-Tencor Corp | 3,28 | 23,24 | 117,26 | 30,9 | 11,27 | 22,25 | Semiconductor Equipment |
| CVX | Chevron Corp | 3,28 | 9,22 | 29,1 | 22,83 | 9,36 | 21,68 | Oil Comp-Integrated |
| GPC | Genuine Parts Co | 3,11 | 6,2 | 8,9 | 49,86 | 16,01 | 20,98 | Distribution/Wholesale |
| GES | Guess? Inc | 3,26 | 36,31 | 6,59 | 27,93 | 9,62 | 20,86 | Retail-Apparel/Shoe |
| RTN | Raytheon Co | 3,5 | 13,94 | 21,27 | 32,4 | 9 | 20,31 | Aerospace/Defense |
| DBD | Diebold Inc | 3,72 | 4,29 | 9,18 | 50,52 | 11,9 | 19,96 | Computers-Integrated Sys |
| OKS | ONEOK Partners LP | 4,55 | 5,41 | 21,55 | 57,07 | 16,55 | 19,78 | Pipelines |
| WSTG | Wayside Technology Group Inc | 5,12 | 1,99 | 18,67 | 53,94 | 10,25 | 19,25 | Applications Software |
| ABT | Abbott Laboratories | 3,14 | 9,62 | 103,57 | 63,69 | 12,95 | 19,22 | Medical-Drugs |
| ERIE | Erie Indemnity Co | 3,33 | 6,67 | 166,58 | 59,76 | 22,46 | 19,18 | Insurance Brokers |
| RSRV | Reserve Petroleum Co | 6,67 | 10,76 | 29,88 | 30,52 | 9,46 | 18,92 | Oil Comp-Explor&Prodtn |
| RYN | Rayonier Inc | 3,57 | 5,19 | 26,85 | 67,69 | 23,89 | 18,61 | REITS-Diversified |
| COP | ConocoPhillips | 4,57 | 9,99 | 12,32 | 29,21 | 8,64 | 18,36 | Oil Comp-Integrated |
| NSC | Norfolk Southern Corp | 3,28 | 15,11 | 11,78 | 30,06 | 11,18 | 18,12 | Transport-Rail |
| WHG | Westwood Holdings Group Inc | 4,1 | 7,11 | 6,63 | 74,87 | 20,99 | 17,95 | Invest Mgmnt/Advis Serv |
| ETN | Eaton Corp | 3,01 | 12,06 | 7,93 | 34,22 | 11,95 | 17,56 | Diversified Manufact Op |
| NOC | Northrop Grumman Corp | 3,14 | 8,29 | 5,36 | 26,03 | 9,65 | 17,41 | Aerospace/Defense |
| DO | Diamond Offshore Drilling Inc | 5,05 | 14,87 | 4,26 | 50,55 | 13,76 | 17,12 | Oil&Gas Drilling |
| CA | CA Inc | 4,38 | 37,97 | 14,29 | 20,47 | 11,54 | 17,02 | Enterprise Software/Serv |
| CATO | Cato Corp/The | 3,37 | 8,79 | 9,44 | 39 | 13,18 | 16,82 | Retail-Apparel/Shoe |
| HWCC | Houston Wire & Cable Co | 3,23 | 36,85 | 35,7 | 31,9 | 11,97 | 16,75 | Distribution/Wholesale |
| PWOD | Penns Woods Bancorp Inc | 4,65 | 1,11 | 13,51 | 57,1 | 10,97 | 16,42 | Commer Banks-Eastern US |
| PG | Procter & Gamble Co/The | 3,28 | 10,21 | 1,06 | 66,06 | 18,28 | 16,3 | Cosmetics&Toiletries |
| SWY | Safeway Inc | 4,16 | 20,4 | 13,44 | 36,31 | 8,37 | 15,47 | Food-Retail |
| CNAF | Commercial National Financial Corp/PA | 4,78 | 5,39 | 14,81 | 40,91 | 7,66 | 15,06 | Commer Banks-Eastern US |
| WABC | Westamerica Bancorporation | 3,36 | 1,71 | 7,17 | 47,41 | 14,67 | 15,06 | Commer Banks-Western US |
| CNK | Cinemark Holdings Inc | 3,38 | 45,23 | 17,4 | 73,93 | 16,23 | 15,03 | Theaters |
| CLF | Cliffs Natural Resources Inc | 6,73 | 48,58 | 103,03 | 7,26 | 7,95 | 15 | Metal-Iron |
| MXIM | Maxim Integrated Products Inc | 3,29 | 6,55 | 31,29 | 72,6 | 19,34 | 15 | Semicon Compo-Intg Circu |
| FLO | Flowers Foods Inc | 3,24 | 17,42 | 6,5 | 64,07 | 21,97 | 14,94 | Food-Baking |
| ALV | Autoliv Inc | 3,41 | 3,62 | 45,53 | 25,49 | 10,86 | 14,42 | Auto/Trk Prts&Equip-Orig |
| FRFC | First Robinson Financial Corp | 3,02 | 7,89 | 188,1 | 20,04 | 7,02 | 14,39 | Commer Banks-Central US |
| JNJ | Johnson & Johnson | 3,43 | 8,36 | 4,56 | 63,65 | 14,1 | 14,26 | Medical-Drugs |
| WEC | Wisconsin Energy Corp | 3,19 | 18,81 | 19,48 | 47,19 | 15,58 | 13,93 | Electric-Integrated |
| MGRC | McGrath RentCorp | 3,58 | 5,96 | 4,67 | 45,75 | 14,27 | 13,63 | Rental Auto/Equipment |
| SBSI | Southside Bancshares Inc | 3,88 | 20,03 | 25,95 | 37,49 | 10,03 | 13,48 | Commer Banks-Central US |
| PAA | Plains All American Pipeline LP | 4,69 | 5,15 | 66,91 | 60,31 | 16,05 | 13,43 | Pipelines |
| SYBT | SY Bancorp Inc | 3,21 | 3,88 | 5,38 | 42,07 | 12,72 | 13,31 | Commer Banks-Southern US |
| CATC | Cambridge Bancorp | 4,08 | 5,18 | 8,31 | 43,15 | 10,42 | 13,18 | Commer Banks-Eastern US |
| WAG | Walgreen Co | 3,25 | 23,74 | 8,75 | 39,87 | 13,46 | 12,86 | Retail-Drug Store |
| AROW | Arrow Financial Corp | 4,04 | 3,23 | 5,83 | 52,2 | 13,44 | 12,79 | Commer Banks-Eastern US |
| CCNE | CNB Financial Corp/PA | 3,82 | 1,59 | 100,91 | 53,79 | 12,67 | 12,49 | Commer Banks-Eastern US |
| MBCN | Middlefield Banc Corp | 4,57 | 2,5 | 37,74 | 42,71 | 6,69 | 12,46 | Commer Banks-Central US |
| TAXI | Medallion Financial Corp | 6,71 | 1,55 | 11,88 | 67,29 | 22,34 | 12,39 | Investment Companies |
| SO | Southern Co/The | 4,44 | 4,02 | 2,2 | 72,67 | 17,49 | 12,35 | Electric-Integrated |
| NKSH | National Bankshares Inc | 3,2 | 7,25 | 6,35 | 39,34 | 12,84 | 12,29 | Commer Banks-Southern US |
| FMCB | Farmers & Merchants Bancorp/Lodi CA | 3,11 | 5,57 | 3,73 | 41,24 | 12,72 | 12,26 | Commer Banks-Western US |
| QNBC | QNB Corp | 4,39 | 3,43 | 22,09 | 35,48 | 8,49 | 12,23 | Commer Banks-Eastern US |
| MFI | MicroFinancial Inc | 3,24 | 3,71 | 6,79 | 33,46 | 11,58 | 12,03 | Finance-Leasing Compan |
| GCBC | Greene County Bancorp Inc | 3,33 | 6,96 | 25,47 | 49,91 | 14,56 | 11,77 | S&L/Thrifts-Eastern US |
| CNL | Cleco Corp | 3,2 | 7,63 | 5,26 | 34,9 | 16,42 | 11,77 | Electric-Integrated |
| CTBI | Community Trust Bancorp Inc | 3,78 | 2,88 | 10,36 | 48,51 | 11,65 | 11,67 | Commer Banks-Southern US |
| WPC | WP Carey Inc | 5,19 | 4,75 | 30,98 | 61,7 | 20,7 | 11,62 | Real Estate Mgmnt/Servic |
| OMI | Owens & Minor Inc | 3,02 | 14,34 | 4,66 | 44,11 | 15,11 | 11,58 | Distribution/Wholesale |
| WASH | Washington Trust Bancorp Inc | 3,6 | 3,09 | 4,65 | 48,12 | 12,36 | 11,56 | Commer Banks-Eastern US |
| AWR | American States Water Co | 3,17 | 4,92 | 36,08 | 48,92 | 16,95 | 11,55 | Water |
| CMS | CMS Energy Corp | 4,06 | 44,96 | 14,99 | 37,29 | 16,29 | 11,41 | Electric-Integrated |
| UNTN | United Tennessee Bankshares Inc | 3,92 | 2,13 | 19,51 | 23,13 | 8,12 | 11,12 | S&L/Thrifts-Southern US |
| FKYS | First Keystone Corp | 4,1 | 2,59 | 8,81 | 53,31 | 13,05 | 11,04 | Commer Banks-Eastern US |
| MGEE | MGE Energy Inc | 3,05 | 1,96 | 6,14 | 57,49 | 19,69 | 11,02 | Electric-Integrated |
| PNY | Piedmont Natural Gas Co Inc | 3,86 | 3,75 | 8,87 | 73,01 | 19,94 | 10,86 | Gas-Distribution |
| CPK | Chesapeake Utilities Corp | 3,18 | 3,95 | 41,02 | 47,24 | 16,38 | 10,7 | Gas-Distribution |
| UNS | UNS Energy Corp | 4,09 | 14,08 | 87,25 | 56,38 | 18,48 | 10,68 | Electric-Integrated |
| XEL | Xcel Energy Inc | 3,92 | 3,21 | 8,1 | 60,1 | 15,06 | 10,48 | Electric-Integrated |
| AEP | American Electric Power Co Inc | 4,33 | 3,8 | 6,7 | 56,89 | 14,5 | 10,32 | Electric-Integrated |
| FLIC | First of Long Island Corp/The | 3,39 | 10,39 | 7 | 40,59 | 11,7 | 10,26 | Commer Banks-Eastern US |
| DIMC | Dimeco Inc | 3,53 | 4,42 | 3,53 | 43,48 | 11,61 | 10,21 | Commer Banks-Eastern US |
| SCG | SCANA Corp | 4,13 | 2,51 | 3,04 | 64,6 | 15,4 | 10,13 | Electric-Integrated |
| LG | Laclede Group Inc/The | 4,11 | 2,6 | 24,57 | 56,8 | 15,45 | 10,12 | Gas-Distribution |
There are several companies that were part of my top 2012 dividend stocks and are back this year (just think of LMT, MSFT, INCT, HAS, GIS, COP, PG, JNJ, WEC, PEP, STX, and many others). It’s not a surprise since thoese companies have shown strong metrics for the past 5 years; they just continue to offer great performance over time.
They Are Not Stock Pick Recommendations
I’ve done a lot of research to produce this list of stocks (and even more to write my book for 2013!) but they cannot be considered as stock recommendations in and of themselves. I truly believe in creating a proper mix in your asset allocation for your own portfolio. The other thing when I look at my 2012 results is that I had 2 stocks drop severely (Avon AVP and RadioShack RSH). Even though the overall portfolio did well, I’m not a professional stock picker and you must do your own research and analysis before buying any stocks on this list.
Among the 96 dividend growth stocks on this chart, I’ve selected the following 20 picks for my “Best 2013 Dividend Stocks” book:
Abbott Laboratories – ABT
Autoliv – ALV
CA Inc. – CA
Campbell Soup – CPB
Chesapeake Utilities – CPK
Chevron Corp – CVX
Darden Restaurants – DRI
General Mills – GIS
Heinz – HNZ
Genuine Parts – GPC
Intel – INTC
Johnson & Johnson – JNJ
Kellogg – K
Kimberly-Clark – KMB
Mattel – MAT
McDonald’s – MCD
Microsoft – MSFT
Procter & Gamble – PG
Safeway – SWY
Seagate Technology – STX
Walgreens – WAG
Western Union – WU
Wisconsin Energy – WE
What are your picks for 2013? Stay tuned next Monday, I’m giving you my list of the top Canadian Dividend Growth stocks for 2013







RSS