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GuruFocus Names Two Dividend Growers

June 02, 2014 | About:
Monica Wolfe

Monica Wolfe

127 followers

During the past week, GuruFocus recognized two companies as dividend growers. In order to be qualified for this list, the company had to:

  • Have a dividend 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 two 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:

1401736316885.png

Telenor ASA (TELNY)

On May 28, Telenor ASA declared a dividend of $2.981 per share, representing 4.1% dividend yield for the company. This dividend is payable on July 4 to shareholders of the record at the close of business on June 19, 2014.

The company’s historical dividend growth is as follows:

- 10-year: 0.00%

- 5-year: 0.00%

- 3-year: 35.70%

1401737683233.png

Telenor ASA researches, develops & provides telecommunications, information & media services. Its products and services include mobile communication, fixed line communication and TV-based activities.

Telenor’s historical revenue and net income:

1401743869811.png

The analysis on Telenor reports that the company’s price is near a 10-year high, the company has issued NOK15.9 billion of debt over the past three years, and its operating income has been in a loss for the past three years. On the other hand the analysis reported that the company’s operating margin is expanding and its dividend yield is near a 10-year high.

Telenor ASA has a market cap of $36.42 billion. Its shares are currently trading at around $72.38 with a P/E ratio of 24.50 and a P/S ratio of 2.1. The company had an annual average earnings growth of 3.80% over the past ten years.

Sysco Corp (SYY)

On May 23, Sysco declared a dividend of $0.29 per share, representing 3.1% dividend yield for the company. This dividend is payable on July 25 to shareholders of the record at the close of business on July 3, 2014.

The company’s historical dividend growth is as follows:

- 10-year: 9.30%

- 5-year: 4.20%

- 3-year: 3.90%

Sysco through its subsidiaries and divisions is the North American distributor of food and related products mainly to the foodservice or 'food-away-from-home' industry.

Sysco’s historical revenue and net income:

1401746093662.png

The analysis on Sysco reports that the company has shown predictable revenue and earnings growth, its dividend yield is near a 5-year low and its price is near a 10-year high. It also notes that over the past three years the company has issued $530.71 billion.

The Peter Lynch Chart suggests that the company is currently overvalued:

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Sysco has a market cap of $22 billion. Its shares are currently trading at around $37.64 with a P/E ratio of 23.10, a P/S ratio of 0.50 and a P/B ratio of 3.97. Sysco had an annual average earnings growth of 4.20% over the past ten years.

To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.

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