During the past week, GuruFocus recognized four 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 four 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:
Enterprise Products Partners (EPD)
On July 10, Enterprise Products Partners declared a dividend of $0.720 per share, representing 3.60% dividend yield for the company. This dividend is payable on Aug. 7 to shareholders of the record at the close of business on July 31, 2014.
The company’s historical dividend growth is as follows:
- 10-year: 6.40%
- 5-year: 5.60%
- 3-year: 5.70%
Enterprise Products Partners is a North American midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids, crude oil and certain petrochemicals.
Enterprise Products Partners’ historical revenue and net income:
The analysis on Enterprise Products Partners reports that the company’s operating margin is expanding, its revenue per share has been in decline over the past five years and it has issued $4.3 billion of debt over the past three years.
The Peter Lynch Chart suggests that the company is currently overvalued:
Enterprise Products Partners has a market cap of $72.51 billion. Its shares are currently trading at around $77.38 with a P/E ratio of 27.30 and a P/S ratio of 1.50. The company had an annual average earnings growth of 13.70% over the past ten years.
ConocoPhillips (COP)
On July 10, ConocoPhillips declared a dividend of $0.730 per share, representing 3.20% dividend yield for the company. This dividend is payable on Sept. 2 to shareholders of the record at the close of business on July 21, 2014.
The company’s historical dividend growth is as follows:
- 10-year: 12.50%
- 5-year: 9.40%
- 3-year: 7.90%
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.
ConocoPhillips historical revenue and net income:
The analysis on ConocoPhillips reports that the company’s revenue has been in decline for the past five years, its price is near a 10-year high, and its dividend yield is near a 5-year low.
The Peter Lynch Chart suggests that the company is currently undervalued:
ConocoPhillips has a market cap of $105.19 billion. Its shares are currently trading at around $85.68 with a P/E ratio of 11.50, a P/S ratio of 1.80 and a P/B ratio of 2.00. The company had an annual average earnings growth of 1.10% over the past ten years.
Plains All American Pipeline (PAA)
On July 8, Plains All American Pipeline declared a dividend of $0.730 per share, representing 4.20% dividend yield for the company. This dividend is payable on Aug. 14 to shareholders of the record at the close of business on Aug. 1, 2014.
The company’s historical dividend growth is as follows:
- 10-year: 7.40%
- 5-year: 9.40%
- 3-year: 7.40%
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’s operating margin is expanding, its price is near a 10-year high and its revenue per share has slowed down over the past year. The analysis also notes that the company has issued $2.2 billion of debt over the past three years and that it has a low Piotroski F-Score.
The Peter Lynch Chart suggests that the company is currently overvalued:
Plains All American Pipeline has a market cap of $21.23 billion. Its shares are currently trading at around $58.34 with a P/E ratio of 25.80, a P/S ratio of 0.50 and a P/B ratio of 2.70. The company had an annual average earnings growth of 12.90% over the past ten years.
Chunghwa Telecom (CHT)
On July 7, Chunghwa Telecom declared a dividend of $0.617 per share, representing 3.80% dividend yield for the company. This dividend is payable on Sept. 3 to shareholders of the record at the close of business on July 17, 2014.
The company’s historical dividend growth is as follows:
- 10-year: 0.00%
- 5-year: 2.30%
- 3-year: 4.50%
Chunghwa Telecom provides telecommunication services. The company operates in five segments, Domestic fixed communication, Mobile communication, Internet, International fixed communication and among others.
Chunghwa Telecom’s historical revenue and net income:
The analysis on Chunghwa Telecom reports that the company has I high Piotroski F-Score, it has enough cash to cover its debt and its P/E, P/S, and P/B ratios are all trading near historical lows. The analysis also notes that the company’s revenue has slowed down over the past year, its dividend yield is near a 10-year low and its price is near a 10-year high.
Chunghwa Telecom has a market cap of $25.1 billion. Its shares are currently trading at around $32.36 with a P/E ratio of 17.60 and a P/S ratio of 3.30. The company had an annual average earnings growth of 5.10% over the past ten years.
The Peter Lynch Chart suggests that the company is currently overvalued:
GuruFocus rated Chunghwa Telecom the business predictability rank of 3.5-star.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
Try a free 7-day premium membership.
