During the past week, GuruFocus recognized three companies as dividend growers. In order to be qualified for this list, the company had to:
· Have a dividend yield of greater than 3%.
· Have a strong history of stable and increasing dividends.
· Maintain Guru ownership.
· Have a market cap of greater than $10 billion.
The following three companies come from various industries and sectors of the market, but they all fit the necessary criteria needed to qualify them as dividend growers.
A comparison of the companies’ historical dividend growth:
AT&T (T)
On Sept. 27, AT&T declared a dividend of $0.45 per share, representing a 5.30% dividend yield for the company. This dividend is payable on Nov. 11 to shareholders of the record at the close of business on Oct. 10, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 5%
· 5-year: 2.4%
· 3-year: 2.4%
AT&T, through its subsidiaries and affiliates, provides wireless, wireline, cable and internet in the United States and internationally.
AT&T’s historical revenue and net income:
The company is set to release its third quarter earnings statement on Oct. 23.
AT&T recently finished its acquisition of all of the Alltel Assets which have thus far boosted third quarter results on smartphones and U-Verse sales.
The analysis on AT&T reports that the company has issued $5.2 billion of debt over the past three years, its dividend yield is at a 1-year high and its Piotroski F-Score is high.
The Peter Lynch Chart suggests that the company is currently overvalued:
AT&T has a market cap of $180.58 billion. Its shares are currently trading at around $34.00 with a P/E ratio of 25.10, a P/S ratio of 1.50 and a P/B ratio of 2.10. The company had an annual average earnings growth of 3.9% over the past ten years.
Plains All American Pipeline LP (PAA)
On Oct. 1, Plains All American declared a dividend of $0.60 per share, representing a 4.40% dividend yield for the company. This dividend is payable on Nov. 14 to shareholders of the record at the close of business on Nov. 1, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 7.7%
· 5-year: 4.6%
· 3-year: 5.2%
The company’s most recent dividend represents a 2.1% increased over the last dividend and a 10.6% increased from the Nov. 2012 dividend. Also as of this distribution, PAA will have increased its quarterly dividend in 36 out of the past 38 quarters and consecutively in each of the past 17 quarters.
Plains All American Pipeline is engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids.
Plains All American Pipeline’s historical revenue and net income:
The analysis on Plains All American Pipeline reports that the company has issued $1.8 billion of debt over the past three years, its revenue has slowed down over the past year, its operating margin is expanding and its dividend yield is at a 1-year high.
The company recently announced a joint venture with Enterprise Products Partners (EPD) to expand their Eagle Ford Joint Venture crude oil pipeline. This expansion will increase the pipeline’s capacity to 470,000 barrels per day. The expansion is expected to cost approximately $120 million and is expected to be operational by the second quarter of 2015.
The Peter Lynch Chart suggests that the company is currently overvalued:
Plains All American Pipeline has a market cap of $17.64 billion. Its shares are currently trading at around $51.47 with a P/E ratio of 13.00, a P/S ratio of 0.40 and a P/B ratio of 2.50. The company had an annual average earnings growth of 14.8% over the past ten years.
GuruFocus rated Plains All American Pipeline the business predictability rank of 2-star.
ConocoPhillips (COP)
On Oct. 5, ConocoPhillips declared a dividend of $0.69 per share, representing a 3.80% dividend yield for the company. This dividend is payable on Dec. 12 to shareholders of the record at the close of business on Oct. 15, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 14.4%
· 5-year: 10.6%
· 3-year: 11.4%
ConocoPhillips focuses on exploring for, developing and producing crude oil and natural gas globally. Its portfolio primarily includes legacy assets in North America, Europe, Asia and Australia. The company is the largest independent E&P company based on production and proved reserves.
ConocoPhillips historical revenue and net income:
ConocoPhillips recently announced that an international arbitration Tribunal ruled that Venezuela had unlawfully expropriated ConocoPhillips’ significant oil investments in the Petrozuata and Hamaca heavy crude oil projects. The company is currently doing further research and investigation to determine compensation owed for their substantial investments.
Also over the past quarter ConocoPhillips announced the sale of its Trinidad and Tobago assets. The company sold this subsidiary for a total consideration of $600 million plus customary adjustments.
The Peter Lynch Chart suggests that the company is currently undervalued:
ConocoPhillips has a market cap of $86.69 billion. Its shares are currently trading at around $70.88 with a P/E ratio of 11.50, a P/S ratio of 1.50 and a P/B ratio of 1.80. The company had an annual average earnings growth of 40.8% over the past five years.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
Try a free 7-day premium membership.
· Have a dividend yield of greater than 3%.
· Have a strong history of stable and increasing dividends.
· Maintain Guru ownership.
· Have a market cap of greater than $10 billion.
The following three companies come from various industries and sectors of the market, but they all fit the necessary criteria needed to qualify them as dividend growers.
A comparison of the companies’ historical dividend growth:
AT&T (T)
On Sept. 27, AT&T declared a dividend of $0.45 per share, representing a 5.30% dividend yield for the company. This dividend is payable on Nov. 11 to shareholders of the record at the close of business on Oct. 10, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 5%
· 5-year: 2.4%
· 3-year: 2.4%
AT&T, through its subsidiaries and affiliates, provides wireless, wireline, cable and internet in the United States and internationally.
AT&T’s historical revenue and net income:
The company is set to release its third quarter earnings statement on Oct. 23.
AT&T recently finished its acquisition of all of the Alltel Assets which have thus far boosted third quarter results on smartphones and U-Verse sales.
The analysis on AT&T reports that the company has issued $5.2 billion of debt over the past three years, its dividend yield is at a 1-year high and its Piotroski F-Score is high.
The Peter Lynch Chart suggests that the company is currently overvalued:
AT&T has a market cap of $180.58 billion. Its shares are currently trading at around $34.00 with a P/E ratio of 25.10, a P/S ratio of 1.50 and a P/B ratio of 2.10. The company had an annual average earnings growth of 3.9% over the past ten years.
Plains All American Pipeline LP (PAA)
On Oct. 1, Plains All American declared a dividend of $0.60 per share, representing a 4.40% dividend yield for the company. This dividend is payable on Nov. 14 to shareholders of the record at the close of business on Nov. 1, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 7.7%
· 5-year: 4.6%
· 3-year: 5.2%
The company’s most recent dividend represents a 2.1% increased over the last dividend and a 10.6% increased from the Nov. 2012 dividend. Also as of this distribution, PAA will have increased its quarterly dividend in 36 out of the past 38 quarters and consecutively in each of the past 17 quarters.
Plains All American Pipeline is engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids.
Plains All American Pipeline’s historical revenue and net income:
The analysis on Plains All American Pipeline reports that the company has issued $1.8 billion of debt over the past three years, its revenue has slowed down over the past year, its operating margin is expanding and its dividend yield is at a 1-year high.
The company recently announced a joint venture with Enterprise Products Partners (EPD) to expand their Eagle Ford Joint Venture crude oil pipeline. This expansion will increase the pipeline’s capacity to 470,000 barrels per day. The expansion is expected to cost approximately $120 million and is expected to be operational by the second quarter of 2015.
The Peter Lynch Chart suggests that the company is currently overvalued:
Plains All American Pipeline has a market cap of $17.64 billion. Its shares are currently trading at around $51.47 with a P/E ratio of 13.00, a P/S ratio of 0.40 and a P/B ratio of 2.50. The company had an annual average earnings growth of 14.8% over the past ten years.
GuruFocus rated Plains All American Pipeline the business predictability rank of 2-star.
ConocoPhillips (COP)
On Oct. 5, ConocoPhillips declared a dividend of $0.69 per share, representing a 3.80% dividend yield for the company. This dividend is payable on Dec. 12 to shareholders of the record at the close of business on Oct. 15, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 14.4%
· 5-year: 10.6%
· 3-year: 11.4%
ConocoPhillips focuses on exploring for, developing and producing crude oil and natural gas globally. Its portfolio primarily includes legacy assets in North America, Europe, Asia and Australia. The company is the largest independent E&P company based on production and proved reserves.
ConocoPhillips historical revenue and net income:
ConocoPhillips recently announced that an international arbitration Tribunal ruled that Venezuela had unlawfully expropriated ConocoPhillips’ significant oil investments in the Petrozuata and Hamaca heavy crude oil projects. The company is currently doing further research and investigation to determine compensation owed for their substantial investments.
Also over the past quarter ConocoPhillips announced the sale of its Trinidad and Tobago assets. The company sold this subsidiary for a total consideration of $600 million plus customary adjustments.
The Peter Lynch Chart suggests that the company is currently undervalued:
ConocoPhillips has a market cap of $86.69 billion. Its shares are currently trading at around $70.88 with a P/E ratio of 11.50, a P/S ratio of 1.50 and a P/B ratio of 1.80. The company had an annual average earnings growth of 40.8% over the past five years.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
Try a free 7-day premium membership.
