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:
Reynolds American Inc. (RAI)
On July 11, Reynolds American declared a dividend of $0.63 per share, representing a 4.67% dividend yield for the company. This dividend is payable on Oct. 1 to shareholders of the record at the close of business on Sept. 6, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 11.1%
· 5-year: 8.9%
· 3-year: 7.8%
Reynolds American has offered a consistently increasing quarterly cash dividend since September 1999. Reynolds increased its cash dividend by $0.04 per share since its March dividend.
Reynolds American is the parent company of R.J. Reynolds Tobacco Company, American Snuff Company, Santa Fe Natural Tobacco Company, Niconovum USA, Niconovum AB and R.J. Reynolds Vapor Company. R.J. Reynolds Tobacco Company is the second-largest U.S. tobacco company. American Snuff is the nation’s second-largest manufacturer of smokeless tobacco products. Santa Fe Natural Tobacco manufactures Natural American Spirit cigarettes and other additive-free tobacco products.
Reynolds American historical price, revenue and net income:
The analysis on Reynolds reports:
· The company demonstrates an expansion in operating margin.
· The price is near a 10-year high of $49.71
· The P/B ratio is near a 10-year high of 5.37.
· The P/S ratio is close to a 10-year high of 3.39.
Reynolds American has a market cap of $28.3 billion; its shares were traded at around $51.48 with a P/E ratio of 19.10 and a P/S ratio of 3.50. The company had an annual average earnings growth of 4.8% over the past five years.
There are currently eight gurus that hold a position in RAI. Click here to see these gurus’ holding histories.
ConocoPhillips (COP)
On July 11, ConocoPhillips declared a dividend of $0.69 per share, representing a 4.10% dividend yield for the company. This dividend is payable on Sept. 3 to shareholders of the record at the close of business on July 22, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 14.4%
· 5-year: 10.6%
· 3-year: 8.4%
ConocoPhillips has offered a quarterly cash dividend since Feb. 1982. The cash dividend has shown consistent growth since 1987. This most recent quarterly dividend is up $0.03 per share from its February dividend distribution.
ConocoPhillips is an international, integrated energy company. The company is organized into six operating segments: Exploration and Production, Refining and Marketing, Midstream, LUKOIL Investments, Emerging Businesses and Chemicals.
ConocoPhillips historical price, revenue and net income:
The analysison ConocoPhillips reports:
· The revenue has been in decline for the past five years.
· The P/B ratio is close to a one-year low of 1.43.
· The P/S ratio is close to a 10-year high of 1.3.
According to the Peter Lynch Valuation Chart ConocoPhillips appears to be undervalued:
ConocoPhillips has a market cap a market cap of $78.7 billion; its shares were traded at around $64.89 with a P/E ratio of 11.10 and a P/S ratio of 1.30. The company had an annual average earnings growth of 40.5% over the past five years.
There are currently 25 gurus that hold a stake in COP. Click here to see these gurus’ holding histories.
Enterprise Products Partners LP (EPD)
On July 11, Enterprise Products Partners declared a dividend of $0.68 per share, representing a 4.10% 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, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 6.6%
· 5-year: 5.5%
· 3-year: 4%
Enterprise Products has offered a quarterly cash dividend since 1998, making its most recent dividend the 36th consecutive quarterly cash dividend. The past four dividends have increased by $0.01 each quarter.
Enterprise Products Partners is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. The company’s services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil and refined products transportation, storage and terminals; offshore production platforms and petrochemical transportation and services.
Enterprise Products historical price, revenue and net income:
The analysis on Enterprise Products Partners reports:
· The revenue has been in decline for the past five years.
· The company has issued $3.8 billion of debt in the past three years.
· The operating margin is expanding.
· The price is sitting near a 10-year high of $62.54.
The Peter Lynch Chart shows that the company appears to be overvalued:
Enterprise Products Partners has a market cap of $59.74 billion; its shares were traded at around $65.17 with a P/E ratio of 23.20 and a P/S ratio of 1.40. The company had an annual average earnings growth of 17.9% over the past 10 years. GuruFocus rated Enterprise Products the business predictability rank of 4-star.
There are currently nine gurus that hold a stake in EPD. Click here to see these gurus’ holding histories.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
· 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:
Reynolds American Inc. (RAI)
On July 11, Reynolds American declared a dividend of $0.63 per share, representing a 4.67% dividend yield for the company. This dividend is payable on Oct. 1 to shareholders of the record at the close of business on Sept. 6, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 11.1%
· 5-year: 8.9%
· 3-year: 7.8%
Reynolds American has offered a consistently increasing quarterly cash dividend since September 1999. Reynolds increased its cash dividend by $0.04 per share since its March dividend.
Reynolds American is the parent company of R.J. Reynolds Tobacco Company, American Snuff Company, Santa Fe Natural Tobacco Company, Niconovum USA, Niconovum AB and R.J. Reynolds Vapor Company. R.J. Reynolds Tobacco Company is the second-largest U.S. tobacco company. American Snuff is the nation’s second-largest manufacturer of smokeless tobacco products. Santa Fe Natural Tobacco manufactures Natural American Spirit cigarettes and other additive-free tobacco products.
Reynolds American historical price, revenue and net income:
The analysis on Reynolds reports:
· The company demonstrates an expansion in operating margin.
· The price is near a 10-year high of $49.71
· The P/B ratio is near a 10-year high of 5.37.
· The P/S ratio is close to a 10-year high of 3.39.
Reynolds American has a market cap of $28.3 billion; its shares were traded at around $51.48 with a P/E ratio of 19.10 and a P/S ratio of 3.50. The company had an annual average earnings growth of 4.8% over the past five years.
There are currently eight gurus that hold a position in RAI. Click here to see these gurus’ holding histories.
ConocoPhillips (COP)
On July 11, ConocoPhillips declared a dividend of $0.69 per share, representing a 4.10% dividend yield for the company. This dividend is payable on Sept. 3 to shareholders of the record at the close of business on July 22, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 14.4%
· 5-year: 10.6%
· 3-year: 8.4%
ConocoPhillips has offered a quarterly cash dividend since Feb. 1982. The cash dividend has shown consistent growth since 1987. This most recent quarterly dividend is up $0.03 per share from its February dividend distribution.
ConocoPhillips is an international, integrated energy company. The company is organized into six operating segments: Exploration and Production, Refining and Marketing, Midstream, LUKOIL Investments, Emerging Businesses and Chemicals.
ConocoPhillips historical price, revenue and net income:
The analysison ConocoPhillips reports:
· The revenue has been in decline for the past five years.
· The P/B ratio is close to a one-year low of 1.43.
· The P/S ratio is close to a 10-year high of 1.3.
According to the Peter Lynch Valuation Chart ConocoPhillips appears to be undervalued:
ConocoPhillips has a market cap a market cap of $78.7 billion; its shares were traded at around $64.89 with a P/E ratio of 11.10 and a P/S ratio of 1.30. The company had an annual average earnings growth of 40.5% over the past five years.
There are currently 25 gurus that hold a stake in COP. Click here to see these gurus’ holding histories.
Enterprise Products Partners LP (EPD)
On July 11, Enterprise Products Partners declared a dividend of $0.68 per share, representing a 4.10% 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, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 6.6%
· 5-year: 5.5%
· 3-year: 4%
Enterprise Products has offered a quarterly cash dividend since 1998, making its most recent dividend the 36th consecutive quarterly cash dividend. The past four dividends have increased by $0.01 each quarter.
Enterprise Products Partners is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. The company’s services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil and refined products transportation, storage and terminals; offshore production platforms and petrochemical transportation and services.
Enterprise Products historical price, revenue and net income:
The analysis on Enterprise Products Partners reports:
· The revenue has been in decline for the past five years.
· The company has issued $3.8 billion of debt in the past three years.
· The operating margin is expanding.
· The price is sitting near a 10-year high of $62.54.
The Peter Lynch Chart shows that the company appears to be overvalued:
Enterprise Products Partners has a market cap of $59.74 billion; its shares were traded at around $65.17 with a P/E ratio of 23.20 and a P/S ratio of 1.40. The company had an annual average earnings growth of 17.9% over the past 10 years. GuruFocus rated Enterprise Products the business predictability rank of 4-star.
There are currently nine gurus that hold a stake in EPD. Click here to see these gurus’ holding histories.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
