Stocks with biggest dividend hikes from last week; originally published at Dividend Yield – Stock, Capital, Investment. Here is a current sheet of companies that have announced a dividend increase within the recent week. In total, 23 stocks and funds raised dividends of which 11 have a dividend growth of more than 10 percent. The average dividend growth amounts to 53.70 percent. Below the results are seven high-yields and ten companies are currently recommended to buy.
I personally own Becton Dickinson. I found him with two additional stocks from the industry a few years ago. Stocks from the medical instruments and supplies industry looked cheap during that time. Becton and the others had a bad time and they were traded at a P/E ratio of around 10 to 12 while earnings were forecasted to grow by double-digit rates for the mid-term. As we can see, they still raise dividends despite the uncertain economic environment. Not enough, they increased dividends by a rate of more than 10 percent! So my BDX position is not big. It represents only 0.7 percent of my full stock portfolio.
The York Water Company has a market capitalization of $221.47 million. The company employs 106 people, generates revenue of $40.63 million and has a net income of $9.08 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $24.78 million. The EBITDA margin is 60.99 percent (the operating margin is 48.92 percent and the net profit margin 22.36 percent).
Financial Analysis: The total debt represents 31.00 percent of the company’s assets and the total debt in relation to the equity amounts to 89.24 percent. Due to the financial situation, a return on equity of 9.74 percent was realized. Twelve trailing months earnings per share reached a value of $0.70. Last fiscal year, the company paid $0.53 in the form of dividends to shareholders. The company announced to raise dividends by 3.5 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 24.40, the P/S ratio is 5.45 and the P/B ratio is finally 2.31. The dividend yield amounts to 3.22 percent and the beta ratio has a value of 0.46.
Hormel Foods has a market capitalization of $8.05 billion. The company employs 19,700 people, generates revenue of $8.230 billion and has a net income of $504.96 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $845.48 million. The EBITDA margin is 10.27 percent (the operating margin is 9.29 percent and the net profit margin 6.14 percent).
Financial Analysis: The total debt represents 5.48 percent of the company’s assets and the total debt in relation to the equity amounts to 8.85 percent. Due to the financial situation, a return on equity of 18.24 percent was realized. Twelve trailing months earnings per share reached a value of $1.86. Last fiscal year, the company paid $0.60 in the form of dividends to shareholders. The company announced to raise dividends by 13.3 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 16.48, the P/S ratio is 0.98 and the P/B ratio is finally 2.85. The dividend yield amounts to 2.22 percent and the beta ratio has a value of 0.45.
Quest Diagnostics has a market capitalization of $9.22 billion. The company employs 42,000 people, generates revenue of $7.510 billion and has a net income of $507.23 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1.278 billion. The EBITDA margin is 17.02 percent (the operating margin is 13.25 percent and the net profit margin 6.75 percent).
Financial Analysis: The total debt represents 43.22 percent of the company’s assets and the total debt in relation to the equity amounts to 108.99 percent. Due to the financial situation, a return on equity of 12.15 percent was realized. Twelve trailing months earnings per share reached a value of $4.30. Last fiscal year, the company paid $0.47 in the form of dividends to shareholders. The company announced to raise dividends by 76.5 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.50, the P/S ratio is 1.23 and the P/B ratio is finally 2.47. The dividend yield amounts to 2.07 percent and the beta ratio has a value of 0.66.
Take a closer look at the full table of stocks with recent dividend hikes. The average dividend growth amounts to 53.70 percent and the average dividend yield amounts to 4.62 percent. Stocks from the sheet are valuated with a P/E ratio of 20.57. The average P/S ratio is 7.11 and P/B 2.83.
Here are the market price ratios:
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I personally own Becton Dickinson. I found him with two additional stocks from the industry a few years ago. Stocks from the medical instruments and supplies industry looked cheap during that time. Becton and the others had a bad time and they were traded at a P/E ratio of around 10 to 12 while earnings were forecasted to grow by double-digit rates for the mid-term. As we can see, they still raise dividends despite the uncertain economic environment. Not enough, they increased dividends by a rate of more than 10 percent! So my BDX position is not big. It represents only 0.7 percent of my full stock portfolio.
The York Water Company has a market capitalization of $221.47 million. The company employs 106 people, generates revenue of $40.63 million and has a net income of $9.08 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $24.78 million. The EBITDA margin is 60.99 percent (the operating margin is 48.92 percent and the net profit margin 22.36 percent).
Financial Analysis: The total debt represents 31.00 percent of the company’s assets and the total debt in relation to the equity amounts to 89.24 percent. Due to the financial situation, a return on equity of 9.74 percent was realized. Twelve trailing months earnings per share reached a value of $0.70. Last fiscal year, the company paid $0.53 in the form of dividends to shareholders. The company announced to raise dividends by 3.5 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 24.40, the P/S ratio is 5.45 and the P/B ratio is finally 2.31. The dividend yield amounts to 3.22 percent and the beta ratio has a value of 0.46.
| Long-Term Stock History Chart Of The York Water Company (Click to enlarge) |
| Long-Term Dividends History of The York Water Company (YORW) (Click to enlarge) |
| Long-Term Dividend Yield History of The York Water Company (NASDAQ: YORW) (Click to enlarge) |
Hormel Foods has a market capitalization of $8.05 billion. The company employs 19,700 people, generates revenue of $8.230 billion and has a net income of $504.96 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $845.48 million. The EBITDA margin is 10.27 percent (the operating margin is 9.29 percent and the net profit margin 6.14 percent).
Financial Analysis: The total debt represents 5.48 percent of the company’s assets and the total debt in relation to the equity amounts to 8.85 percent. Due to the financial situation, a return on equity of 18.24 percent was realized. Twelve trailing months earnings per share reached a value of $1.86. Last fiscal year, the company paid $0.60 in the form of dividends to shareholders. The company announced to raise dividends by 13.3 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 16.48, the P/S ratio is 0.98 and the P/B ratio is finally 2.85. The dividend yield amounts to 2.22 percent and the beta ratio has a value of 0.45.
| Long-Term Stock History Chart Of Hormel Foods (Click to enlarge) |
| Long-Term Dividends History of Hormel Foods (HRL) (Click to enlarge) |
| Long-Term Dividend Yield History of Hormel Foods (NYSE: HRL) (Click to enlarge) |
Quest Diagnostics has a market capitalization of $9.22 billion. The company employs 42,000 people, generates revenue of $7.510 billion and has a net income of $507.23 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1.278 billion. The EBITDA margin is 17.02 percent (the operating margin is 13.25 percent and the net profit margin 6.75 percent).
Financial Analysis: The total debt represents 43.22 percent of the company’s assets and the total debt in relation to the equity amounts to 108.99 percent. Due to the financial situation, a return on equity of 12.15 percent was realized. Twelve trailing months earnings per share reached a value of $4.30. Last fiscal year, the company paid $0.47 in the form of dividends to shareholders. The company announced to raise dividends by 76.5 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.50, the P/S ratio is 1.23 and the P/B ratio is finally 2.47. The dividend yield amounts to 2.07 percent and the beta ratio has a value of 0.66.
| Long-Term Stock History Chart Of Quest Diagnostics (Click to enlarge) |
| Long-Term Dividends History of Quest Diagnostics (DGX) (Click to enlarge) |
| Long-Term Dividend Yield History of Quest Diagnostics (NYSE: DGX) (Click to enlarge) |
Take a closer look at the full table of stocks with recent dividend hikes. The average dividend growth amounts to 53.70 percent and the average dividend yield amounts to 4.62 percent. Stocks from the sheet are valuated with a P/E ratio of 20.57. The average P/S ratio is 7.11 and P/B 2.83.
Here is the full table:
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| 23 Best Dividend Growth Stocks (Click to enlarge) |
Ticker
|
Company
|
P/E
|
P/S
|
P/B
|
Dividend Yield
|
DOM
|
Dominion Resources Black Warrior Trust
|
6.23
|
5.13
|
2.63
|
15.77%
|
NDRO
|
Enduro Royalty Trust
|
15.22
|
14.95
|
0.87
|
9.65%
|
CRT
|
Cross Timbers Royalty Trust
|
10.47
|
10.22
|
12.74
|
9.36%
|
ROYT
|
Pacific Coast Oil Trust
|
24.17
|
N/A
|
2.56
|
9.11%
|
MTR
|
Mesa Royalty Trust
|
10.43
|
9.40
|
7.56
|
9.01%
|
VNR
|
Vanguard Natural Resources, LLC
|
123.65
|
6.45
|
1.63
|
8.44%
|
HGT
|
Hugoton Royalty Trust
|
10.28
|
9.73
|
2.90
|
8.25%
|
SJI
|
South Jersey Industries, Inc.
|
13.97
|
2.12
|
2.15
|
3.35%
|
FIBK
|
First Interstate Bancsystem Inc.
|
12.38
|
2.29
|
0.85
|
3.26%
|
ERIE
|
Erie Indemnity Co.
|
23.47
|
0.58
|
4.10
|
3.25%
|
BCV
|
Bancroft Fund Ltd.
|
N/A
|
25.92
|
0.85
|
3.13%
|
YORW
|
York Water Co.
|
24.54
|
5.38
|
2.25
|
3.11%
|
BDX
|
Becton, Dickinson and Company
|
14.58
|
2.01
|
3.66
|
2.32%
|
MRH
|
Montpelier Re Holdings Ltd.
|
4.70
|
1.47
|
0.70
|
2.00%
|
HRL
|
Hormel Foods Corp.
|
17.02
|
0.99
|
2.79
|
1.96%
|
LANC
|
Lancaster Colony Corporation
|
19.96
|
1.76
|
3.48
|
1.94%
|
PCTI
|
PCTEL, Inc.
|
N/A
|
1.41
|
0.96
|
1.90%
|
IGT
|
International Game Technology
|
15.09
|
1.63
|
3.24
|
1.83%
|
MATW
|
Matthews International Corporation
|
13.52
|
0.90
|
1.70
|
1.37%
|
DGX
|
Quest Diagnostics Inc.
|
13.48
|
1.22
|
2.21
|
1.17%
|
CHDN
|
Churchill Downs Inc.
|
17.63
|
1.47
|
1.63
|
0.98%
|
JOF
|
Japan Smaller Capitalization Fund Inc.
|
N/A
|
44.28
|
0.79
|
0.51%
|
Average
|
20.57
|
7.11
|
2.83
|
4.62%
|