1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Alberto Abaterusso
Alberto Abaterusso
Articles (1669) 

5 Companies Announce Quarterly Dividends

These companies are long-term payers

August 17, 2019 | About:

Five long-term dividend payers announced quarterly dividends on Friday.

Shares of MGE Energy Inc. (NASDAQ:MGEE) advanced 1.4% to close at $75.46 on Friday after the company announced a 4.4% hike in the quarterly dividend to 35.25 cents per common share. The dividend will be paid on Sept. 15 to shareholders of record as of Sept. 1. The ex-dividend date is scheduled for Aug. 29.

Based on Friday’s closing price, the payment produces a forward dividend yield of 1.79%, which is below the industry median of 3.39% and the S&P 500 Index’s yield of 1.94%.

Headquartered in Madison, Wisconsin, the public utility company has uninterruptedly paid dividends since March 1985.

The trailing 12-month dividend per share averaged a 1.1% increase every 12 months over the last five years.

The stock has gained 26% year to date and outperformed the Nasdaq by nearly 7%. The 52-week range is $56.64 to $76.44. The market capitalization is $2.62 billion, the price-earnings ratio is 26.69 and the price-book ratio is 3.80. Further, the price-sales ratio is 4.61 and the enterprisevalue-Ebitda ratio is 15.97.

The Peter Lynch chart suggests the stock is overvalued.

Shares of Fauquier Bankshares Inc. (NASDAQ:FBSS) declined 2.45% to close at $20.7 on Friday after the company announced a quarterly dividend of 12 cents per common share, in line with the previous payment. The company will pay the dividend on Oct. 1 to shareholders of record as of Sept. 13. The ex-dividend date is Sept. 12.

Based on the closing price on Friday, the distribution generates a forward dividend yield of 2.32% versus the industry median of 3.27% and compared to the S&P 500 Index’s yield of 1.94%.

Headquarter in Warrenton, Virginia, the regional bank has continuously paid dividends since January 1998.

The trailing 12-month dividend per share was flat over the past five years.

The stock has climbed 7.92% year to date, but is underperforming the Nasdaq by 11%. The 52-week range is $17.21 to $26.90.

The stock has a market capitalization of $78.35 million, a price-earnings ratio of 12.85, a price-book ratio of 1.22 and a price-sales ratio of 2.66.

According to the Peter Lynch chart, the stock is still cheap.

Shares of United Fire Group Inc. (NASDAQ:UFCS) rose 0.09% to close at $46.02 on Friday after the announcement of a quarterly dividend of 33 cents per common share, in line with the previous distribution. The company will pay the dividend on Sept. 13 to shareholders of record as of Aug. 30. The ex-dividend date is Aug. 29.

Based on Friday’s closing price, the distribution produces a 2.87% forward dividend yield, which is above the industry median of 2.83% and the S&P 500 Index’s yield of 1.94%.

Headquartered in Cedar Rapids, Iowa, the property and casualty insurer has paid dividends since January 1985.

The trailing 12-month dividend per share averaged a 2.4% increase every year over the last five years.

The stock has fallen 17% year to date, underperforming the Nasdaq by 36%. The 52-week range is $40.86 to $56.21.

The stock has a market capitalization of $1.16 billion, a price-earnings ratio of 45.56, a price-book ratio of 1.2 and a price-sales ratio of 1.02.

The Peter Lynch chart suggests the stock is not cheap.

Shares of Flowers Foods Inc. (NYSE:FLO) climbed 1.73% to close at $22.99 on Friday after the company announced a quarterly dividend of 19 cents per common share, in line with the previous payment. The company will pay the dividend on Sept. 13 to shareholders of record as of Aug. 30. The ex-dividend date is scheduled for Aug. 29.

Based on the closing price on Friday, the payment generates a forward dividend yield of 3.31% versus the industry median of 2.3% and versus the S&P 500 Index’s yield of 1.94%.

Headquarter in Thomasville, Georgia, the bakery products producer and marketer has continuously paid dividends since December 2002.

The trailing 12-month dividend per share increased 1.4% on average every year over the past five years.

The stock has gained 24.5% year to date, outperforming the S&P 500 index by 5.5%. The 52-week range is $17.78 to $24.36.

The stock has a market capitalization of $4.86 billion, a price-earnings ratio of 27.03, a price-book ratio of 3.71 and a price-sales ratio of 1.18.

According to the Peter Lynch chart, the stock is expensive.

Shares of Connecticut Water Service Inc. (NASDAQ:CTWS) swelled 0.07% to close at $70.03 on Friday after the company announced a quartely dividend of 32.75 cents per common share. The dividend will be paid on Sept. 17 to shareholders of record as of Sept. 3. The ex-dividend date is scheduled for Aug. 30.

Based on Friday’s closing price, the payment generates a forward dividend yield of 1.87%, which is below the industry median of 3.39% and the S&P 500 Index’s yield of 1.94%.

Headquartered in Clinton, Connecticut, the regulated water company has continuously paid dividends since March 1985.

The trailing 12-month dividend per share averaged a 1.3% increase every 12 months over the past five years.

The stock has grown 4.73% year to date, but underperformed the Nasdaq by nearly 14.3%. The 52-week range is $62.80 to $70.50. The market capitalization is $845.16 million, the price-earnings ratio is 39.78 and the price-book ratio is 2.85. Moreover, the price-sales ratio is 7.10 and the enterprise value-Ebitda ratio is 22.47.

The Peter Lynch chart indicates that the stock is expensive.

Disclosure: I have no positions in any securities mentioned.

Read more here:

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.

About the author:

Alberto Abaterusso
If somebody asks what being a value investor means, Alberto Abaterusso would answer, “The value investor is not just the possessor of the security that represents the company, but he is the owner of that company. As an owner of the company the value investor is actively involved in the dynamics of that company and his first concern is how to have sales progressively growing. Also, the value investor is probably one of the most demanding persons in the world concerning sales.”

Abaterusso is a freelance writer based in The Netherlands. He primarily writes about gold, silver and precious metals mining stocks. His articles have also been widely linked by popular sites, including MarketWatch, Financial Times, 24hGold, Investopedia, Financial.org, CNBS, MSN Money, Zachs, Reuters and others. Alberto holds an MBA from Università degli Studi di Bari (Italy), Aldo Moro.

Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by Alberto Abaterusso


User Generated Screeners


pjmason14Momentum
pascal.van.garsseHigh FCF-M2
kosalmmuse6
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
kosalmmuseNice
kosalmmusehan
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK