The Best Dividend Contenders at New 50-Day Highs

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Mar 09, 2012
Dividend Contenders at New 52-Week Highs Researched by Dividend Yield - Stock, Capital, Investment. Dividend Contenders are stocks that have raised dividends over a period of more than 10 years but not more than 24 years. They are on a good way to become a Dividend Champion or even a Dividend Aristocrat if they cross the holly mark of 25 consecutive years. Dividend Contenders have a huge reliability in terms of dividend growth and most of them own robust business models with solid financials in order to keep dividends growing. A strong share price affirms the developments.


I screened the market by Dividend Contenders that have reached new 50-day highs within the recent days. From 155 contenders are exactly eight companies that fulfilled the mentioned criteria of which three have a yield over two percent. Three are rated with a buy or better recommendation.


Here are my favorite stocks:


1. Church & Dwight (CHD, Financial) has a market capitalization of $6.87 billion. The company employs 3,500 people, generates revenues of $2,749.30 million and has a net income of $309.60 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $567.60 million. Because of these figures, the EBITDA margin is 20.65 percent (operating margin 17.92 percent and the net profit margin finally 11.26 percent).


The total debt representing 8.09 percent of the company’s assets and the total debt in relation to the equity amounts to 12.36 percent. Due to the financial situation, a return on equity of 15.83 percent was realized. Twelve trailing months earnings per share reached a value of $2.12. Last fiscal year, the company paid $0.68 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 22.70, P/S ratio 2.47 and P/B ratio 3.33. Dividend Yield: 2.01 percent. The beta ratio is 0.34.


2. The TJX Companies (TJX, Financial) has a market capitalization of $28.47 billion. The company employs 166,000 people, generates revenues of $23,191.46 million and has a net income of $1,496.09 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,932.76 million. Because of these figures, the EBITDA margin is 12.65 percent (operating margin 10.40 percent and the net profit margin finally 6.45 percent).


The total debt representing 9.35 percent of the company’s assets and the total debt in relation to the equity amounts to 24.13 percent. Due to the financial situation, a return on equity of 47.43 percent was realized. Twelve trailing months earnings per share reached a value of $1.94. Last fiscal year, the company paid $0.38 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 19.45, P/S ratio 1.21 and P/B ratio 8.73. Dividend Yield: 1.02 percent. The beta ratio is 0.57.


3. Ross Stores (ROST, Financial) has a market capitalization of $12.66 billion. The company employs 14,000 people, generates revenues of $7,866.10 million and has a net income of $554.80 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,067.28 million. Because of these figures, the EBITDA margin is 13.57 percent (operating margin 11.40 percent and the net profit margin finally 7.05 percent).


The total debt representing 4.81 percent of the company’s assets and the total debt in relation to the equity amounts to 11.26 percent. Due to the financial situation, a return on equity of 44.56 percent was realized. Twelve trailing months earnings per share reached a value of $2.70. Last fiscal year, the company paid $0.35 in form of dividends to shareholders.


Here are the price ratios of the company: The P/E ratio is 20.52, P/S ratio 1.60 and P/B ratio 9.73. Dividend Yield: 1.02 percent. The beta ratio is 0.70.


Take a closer look at the full table of Dividend Contenders at new highs. The average price to earnings ratio (P/E ratio) amounts to 18.34 and forward P/E ratio is 15.37. The dividend yield has a value of 2.12 percent. Price to book ratio is 3.67 and price to sales ratio 1.97. The operating margin amounts to 15.13 percent.


Related stock ticker symbols:

NST, NU, MDU, CHD, UMBF, DFG, ROST, TJX


Selected Articles:

· The 10 Highest Yielding Dividend Contenders

· The Cheapest Dividend Contenders

· 15 Dividend Contenders With Buy Or Better Rating

· 14 Dividend Contenders Below Book Value