Dividend Contenders are stocks with a long dividend history. They raised dividends over a period of more than 10 years but did not raise dividends for more than 24 years. But they have a huge potential to become a dividend champion one day. Such companies are the best dividend payers with a history of more than 25 years of consecutive dividend increases.
I order to find cheap investment opportunities, I screened 147 Dividend Contenders by stocks with a forward Price/Earnings Ratio of less than 15, a Price/Book Ratio of less than one and a dividend yield of more than 1.5 percent. In addition, the expected earnings per share growth for the upcoming five years should above 5 percent. 10 stocks fulfilled these criteria.
Here are my 3 most promising stocks:
1. ACE Limited (ACE, Financial) is acting within the property and casualty insurance industry. The company hasa market capitalization of $20.8 billion, generates revenues in an amount of $16.4 billion and a net income of $2.5 billion. It follows P/E ratio is 8.3 and forward price to earnings ratio 8.3, Price/Sales 1.3 and Price/Book ratio 0.9. Dividend Yield: 2.3 percent. Years of Consecutive Dividend Increasing: 19 Years. 5-Year Dividend Growth: 7.8 percent. The expected growth for next year amounts to 14.1 and 10.4 percent for the upcoming 5 years.
2. PartnerRe (PRE, Financial) is acting within the property and casualty insurance industry. The company hasa market capitalization of $3.8 billion, generates revenues in an amount of $5.5 billion and a net loss of $135.3 million. It follows P/E ratio is not calculable and the forward price to earnings ratio amounts 6.8, Price/Sales 0.7 and Price/Book ratio 0.6. Dividend Yield: 4.3 percent. Years of Consecutive Dividend Increasing: 18 Years. 5-Year Dividend Growth: 6.2 percent. The expected growth for next year amounts to 248.4 and 9.2 percent for the upcoming 5 years.
3. People's United Financial (PBCT, Financial) is acting within the savings and loans industry. The company hasa market capitalization of $4.4 billion, generates revenues in an amount of $933.9 million and a net income of $158.3 million. It follows P/E ratio is 25.9 and forward price to earnings ratio 13.5, Price/Sales 4.7 and Price/Book ratio 0.8. Dividend Yield: 5.4 percent. Years of Consecutive Dividend Increasing: 19 Years. 5-Year Dividend Growth: 7.8 percent. The expected growth for next year amounts to 32.3 and 13.2 percent for the upcoming 5 years.
Take a closer look at the full table of the cheapest Dividend Contenders with best EPS growth. The average price to earnings ratio (P/E ratio) amounts to 17.2 while the average forward P/E ratio is 8.0. The dividend yield has an average value of 2.9 percent. Price to book ratio is 0.8 and price to sales ratio 1.6.
I order to find cheap investment opportunities, I screened 147 Dividend Contenders by stocks with a forward Price/Earnings Ratio of less than 15, a Price/Book Ratio of less than one and a dividend yield of more than 1.5 percent. In addition, the expected earnings per share growth for the upcoming five years should above 5 percent. 10 stocks fulfilled these criteria.
Here are my 3 most promising stocks:
1. ACE Limited (ACE, Financial) is acting within the property and casualty insurance industry. The company hasa market capitalization of $20.8 billion, generates revenues in an amount of $16.4 billion and a net income of $2.5 billion. It follows P/E ratio is 8.3 and forward price to earnings ratio 8.3, Price/Sales 1.3 and Price/Book ratio 0.9. Dividend Yield: 2.3 percent. Years of Consecutive Dividend Increasing: 19 Years. 5-Year Dividend Growth: 7.8 percent. The expected growth for next year amounts to 14.1 and 10.4 percent for the upcoming 5 years.
2. PartnerRe (PRE, Financial) is acting within the property and casualty insurance industry. The company hasa market capitalization of $3.8 billion, generates revenues in an amount of $5.5 billion and a net loss of $135.3 million. It follows P/E ratio is not calculable and the forward price to earnings ratio amounts 6.8, Price/Sales 0.7 and Price/Book ratio 0.6. Dividend Yield: 4.3 percent. Years of Consecutive Dividend Increasing: 18 Years. 5-Year Dividend Growth: 6.2 percent. The expected growth for next year amounts to 248.4 and 9.2 percent for the upcoming 5 years.
3. People's United Financial (PBCT, Financial) is acting within the savings and loans industry. The company hasa market capitalization of $4.4 billion, generates revenues in an amount of $933.9 million and a net income of $158.3 million. It follows P/E ratio is 25.9 and forward price to earnings ratio 13.5, Price/Sales 4.7 and Price/Book ratio 0.8. Dividend Yield: 5.4 percent. Years of Consecutive Dividend Increasing: 19 Years. 5-Year Dividend Growth: 7.8 percent. The expected growth for next year amounts to 32.3 and 13.2 percent for the upcoming 5 years.
Take a closer look at the full table of the cheapest Dividend Contenders with best EPS growth. The average price to earnings ratio (P/E ratio) amounts to 17.2 while the average forward P/E ratio is 8.0. The dividend yield has an average value of 2.9 percent. Price to book ratio is 0.8 and price to sales ratio 1.6.
