During the past week, GuruFocus recognized six 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 six 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:
General Electric (GE)
On Sept. 13, General Electric declared a dividend of $0.19 per share, representing a 3.11% dividend yield for the company. This dividend is payable on Oct. 25 to shareholders of the record at the close of business on Sept. 23, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -4.6%
· 5-year: -10.8%
· 3-year: 4.7%
GE is a diversified infrastructure and financial services company. The Company provides products and services ranging from aircraft engines, power generation, water processing, and security technology to medical imaging, business and consumer financing, media content and industrial products.
GE’s historical revenue and net income:
The company’s most recent quarterly statement reported:
· Operating EPS of $0.36.
· $9.9 billion returned to shareholders year-to-date
· U.S. orders up 20%.
· Operating earnings of $3.7 billion.
The Peter Lynch Chart suggests that the company is currently overvalued:
The analysis on the company reports that its revenue has been in decline over the past five years, that its operating margin is expanding and the company’s price is nearing a 3-year high.
General Electric has a market cap of $246.04 billion. Its shares were traded at around $24.16 with a P/E ratio of 17.20, a P/S ratio of 1.70 and a P/B ratio of 2.00. The company had an annual average earnings growth of 2.1% over the past ten years.
AvalonBay Communities (AVB)
On Sept. 10, AvalonBay Communities declared a dividend of $1.07 per share, representing a 3.16% dividend yield for the company. This dividend is payable on Oct. 24 to shareholders of the record at the close of business on Oct. 11, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 3.9%
· 5-year: 1.7%
· 3-year: 2.8%
AvalonBay Communities is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in high barrier-to-entry markets of the United States.
AvalonBay Communities’ historical revenue and net income:
The analysis on AvalonBay reports that the company’s price is nearing a 10-year high, its dividend yield is at a 3-year high and that its P/E ratio is at a 10-year high.
AvalonBay Communities has a market cap of $16.77 billion. Its shares are currently trading at around $129.60 with a P/E ratio of 101.30, a P/S ratio of 12.00 and a P/B ratio of 2.00. The company had an annual average earnings growth of 6.7% over the past five years.
Dow Chemical (DOW)
On Sept. 12, Dow Chemical declared a dividend of $0.32 per share, representing a 3.21% dividend yield for the company. This dividend is payable on Oct. 30 to shareholders of the record at the close of business on Sept. 30, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -6.1%
· 5-year: -2.5%
· 3-year: 26.3%
Dow Chemical is engaged in the manufacture and sale of chemicals, plastic materials, agricultural products and services, advanced materials and other specialized products and services.
Dow Chemical’s historical revenue and net income:
The company was recently named to the Dow Jones Sustainability World Index, marking the 13th time Dow Chemical has been named as one of the top performers of the global chemical industry.
The Peter Lynch Chart suggests that the company is currently overvalued:
Dow Chemical has a market cap $48.13 billion. Its shares are currently trading at around $39.77 with a P/E ratio of 18.40, a P/S ratio of 0.90 and a P/B ratio of 2.50. The company had an annual average earnings growth of 11.8% over the past five years.
Equity Residential (EQR)
On Sept. 12, Equity Residential declared a dividend of $0.40 per share, representing a 3.49% dividend yield for the company. This dividend is payable on Oct. 11 to shareholders of the record at the close of business on Sept. 23, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -0.9%
· 5-year: -2%
· 3-year: 2.8%
Equity Residential is an S&P 500 company focused on the acquisition, development and management of high-quality apartment properties in top U.S. growth markets. Equity Residential owns or has investments about than 400 properties in 13 states.
Equity Residential’s historical revenue and net income:
The analysis on Equity Residential reported that the revenue has been in decline over the past five years, the price is nearing a 1-year high, the operating margin is expanding and the company’s dividend yield is at a 3-year high.
The Peter Lynch Chart suggests that the company is currently undervalued:
Equity Residential has a market cap of $19.69 billion. Its shares were traded at around $54.63 with a P/S ratio of 8.00 and a P/B ratio of 1.90. The company had an annual average earnings growth of 1.85% over the past ten years.
Philip Morris International (PM)
On Sept. 11, Philip Morris declared a dividend of $0.94 per share, representing a 3.87% dividend yield for the company. This dividend is payable on Oct. 11 to shareholders of the record at the close of business on Sept. 26, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 0%
· 5-year: 18.7%
· 3-year: 13.1%
The new quarterly dividend of $0.94 per share is up from $0.85 per share, representing an increase of 10.6%.
Philip Morris and its subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in the U.S. as well as other countries. Its portfolio of international and local brands is led by Marlboro.
Philip Morris’ historical revenue and net income:
The company’s most recent quarterly earnings highlighted:
· EPS of $1.30, down 4.4% from last year.
· Net revenues of $7.9 billion, down by 2.5%.
· Repurchased 16.7 million shares for $1.5 billion.
· Operating income of $3.3 billion, down by 7.5%.
The Peter Lynch Chart suggests that the company is currently overvalued:
The analysis on the company reports that its revenue has been in decline over the past year, that its operating margin is expanding and that its P/E ratio is nearing a 1-year low.
Philip Morris International has a market cap of $142.97 billion. Its shares are currently trading at around $88.33 with a P/E ratio of 17.00 and a P/S ratio of 2.20. The company had an annual average earnings growth of 14.4% over the past five years.
Sasol (SSL)
On Sept. 11, Sasol declared a dividend of $1.135 per share, representing a 3.81% dividend yield for the company. This dividend is payable on Oct. 24 to shareholders of the record at the close of business on Oct. 11, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 15.8%
· 5-year: 9.3%
· 3-year: 7%
Sasol is an integrated energy and chemicals company. The company adds value to coal, oil and gas reserves by using feedstocks to produce liquid fuels, fuel components and chemicals.
Sasol’s historical revenue and net income:
The analysis on Sasol reports that the company’s price is nearing its 2-year high, that it has shown predictable revenue and earnings growth and that its dividend yield is nearing a 10-year high.
The Peter Lynch Chart suggests that the company is currently undervalued:
Sasol Ltd. has a market cap of $31.79 billion. Its shares are currently trading at around $48.98 with a P/E ratio of 13.60, a P/S ratio of 1.70 and a P/B ratio of 2.52. The company had an annual average earnings growth of 14.4% over the past ten years.
GuruFocus rated Sasol the business predictability rank of 4-star.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
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· 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 six 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:
General Electric (GE)
On Sept. 13, General Electric declared a dividend of $0.19 per share, representing a 3.11% dividend yield for the company. This dividend is payable on Oct. 25 to shareholders of the record at the close of business on Sept. 23, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -4.6%
· 5-year: -10.8%
· 3-year: 4.7%
GE is a diversified infrastructure and financial services company. The Company provides products and services ranging from aircraft engines, power generation, water processing, and security technology to medical imaging, business and consumer financing, media content and industrial products.
GE’s historical revenue and net income:
The company’s most recent quarterly statement reported:
· Operating EPS of $0.36.
· $9.9 billion returned to shareholders year-to-date
· U.S. orders up 20%.
· Operating earnings of $3.7 billion.
The Peter Lynch Chart suggests that the company is currently overvalued:
The analysis on the company reports that its revenue has been in decline over the past five years, that its operating margin is expanding and the company’s price is nearing a 3-year high.
General Electric has a market cap of $246.04 billion. Its shares were traded at around $24.16 with a P/E ratio of 17.20, a P/S ratio of 1.70 and a P/B ratio of 2.00. The company had an annual average earnings growth of 2.1% over the past ten years.
AvalonBay Communities (AVB)
On Sept. 10, AvalonBay Communities declared a dividend of $1.07 per share, representing a 3.16% dividend yield for the company. This dividend is payable on Oct. 24 to shareholders of the record at the close of business on Oct. 11, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 3.9%
· 5-year: 1.7%
· 3-year: 2.8%
AvalonBay Communities is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in high barrier-to-entry markets of the United States.
AvalonBay Communities’ historical revenue and net income:
The analysis on AvalonBay reports that the company’s price is nearing a 10-year high, its dividend yield is at a 3-year high and that its P/E ratio is at a 10-year high.
AvalonBay Communities has a market cap of $16.77 billion. Its shares are currently trading at around $129.60 with a P/E ratio of 101.30, a P/S ratio of 12.00 and a P/B ratio of 2.00. The company had an annual average earnings growth of 6.7% over the past five years.
Dow Chemical (DOW)
On Sept. 12, Dow Chemical declared a dividend of $0.32 per share, representing a 3.21% dividend yield for the company. This dividend is payable on Oct. 30 to shareholders of the record at the close of business on Sept. 30, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -6.1%
· 5-year: -2.5%
· 3-year: 26.3%
Dow Chemical is engaged in the manufacture and sale of chemicals, plastic materials, agricultural products and services, advanced materials and other specialized products and services.
Dow Chemical’s historical revenue and net income:
The company was recently named to the Dow Jones Sustainability World Index, marking the 13th time Dow Chemical has been named as one of the top performers of the global chemical industry.
The Peter Lynch Chart suggests that the company is currently overvalued:
Dow Chemical has a market cap $48.13 billion. Its shares are currently trading at around $39.77 with a P/E ratio of 18.40, a P/S ratio of 0.90 and a P/B ratio of 2.50. The company had an annual average earnings growth of 11.8% over the past five years.
Equity Residential (EQR)
On Sept. 12, Equity Residential declared a dividend of $0.40 per share, representing a 3.49% dividend yield for the company. This dividend is payable on Oct. 11 to shareholders of the record at the close of business on Sept. 23, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -0.9%
· 5-year: -2%
· 3-year: 2.8%
Equity Residential is an S&P 500 company focused on the acquisition, development and management of high-quality apartment properties in top U.S. growth markets. Equity Residential owns or has investments about than 400 properties in 13 states.
Equity Residential’s historical revenue and net income:
The analysis on Equity Residential reported that the revenue has been in decline over the past five years, the price is nearing a 1-year high, the operating margin is expanding and the company’s dividend yield is at a 3-year high.
The Peter Lynch Chart suggests that the company is currently undervalued:
Equity Residential has a market cap of $19.69 billion. Its shares were traded at around $54.63 with a P/S ratio of 8.00 and a P/B ratio of 1.90. The company had an annual average earnings growth of 1.85% over the past ten years.
Philip Morris International (PM)
On Sept. 11, Philip Morris declared a dividend of $0.94 per share, representing a 3.87% dividend yield for the company. This dividend is payable on Oct. 11 to shareholders of the record at the close of business on Sept. 26, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 0%
· 5-year: 18.7%
· 3-year: 13.1%
The new quarterly dividend of $0.94 per share is up from $0.85 per share, representing an increase of 10.6%.
Philip Morris and its subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in the U.S. as well as other countries. Its portfolio of international and local brands is led by Marlboro.
Philip Morris’ historical revenue and net income:
The company’s most recent quarterly earnings highlighted:
· EPS of $1.30, down 4.4% from last year.
· Net revenues of $7.9 billion, down by 2.5%.
· Repurchased 16.7 million shares for $1.5 billion.
· Operating income of $3.3 billion, down by 7.5%.
The Peter Lynch Chart suggests that the company is currently overvalued:
The analysis on the company reports that its revenue has been in decline over the past year, that its operating margin is expanding and that its P/E ratio is nearing a 1-year low.
Philip Morris International has a market cap of $142.97 billion. Its shares are currently trading at around $88.33 with a P/E ratio of 17.00 and a P/S ratio of 2.20. The company had an annual average earnings growth of 14.4% over the past five years.
Sasol (SSL)
On Sept. 11, Sasol declared a dividend of $1.135 per share, representing a 3.81% dividend yield for the company. This dividend is payable on Oct. 24 to shareholders of the record at the close of business on Oct. 11, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 15.8%
· 5-year: 9.3%
· 3-year: 7%
Sasol is an integrated energy and chemicals company. The company adds value to coal, oil and gas reserves by using feedstocks to produce liquid fuels, fuel components and chemicals.
Sasol’s historical revenue and net income:
The analysis on Sasol reports that the company’s price is nearing its 2-year high, that it has shown predictable revenue and earnings growth and that its dividend yield is nearing a 10-year high.
The Peter Lynch Chart suggests that the company is currently undervalued:
Sasol Ltd. has a market cap of $31.79 billion. Its shares are currently trading at around $48.98 with a P/E ratio of 13.60, a P/S ratio of 1.70 and a P/B ratio of 2.52. The company had an annual average earnings growth of 14.4% over the past ten years.
GuruFocus rated Sasol the business predictability rank of 4-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.
