A stock's dividend yield equals the dollar value of the dividend it pays, divided into the dollar value of the stock that pays it. When the price on that equation gets smaller, the number on the other side of the equation gets bigger -- and the dividend yield increases.
For dividend hunters like me, falling stock prices are good. I will only receive a higher dividend when the company pays the same dividend in the future. Reliability is a key issue when you put money into stocks.
The most important figure to evaluate business stability is to look at the 10 year fundamentals of the company. If you see earnings changes only at a small level, you might have found a non cyclic business model with a solid dominated market position.
Most of our long-term dividend growth stocks have such a not accounted asset. The price we pay for this invisible value is a premium on the book value on the company accounted assets.
Today I like to show you some interesting Dividend Achievers, stocks with more than 10 years of consecutive dividend growth, with attractive fundamentals.
Here are my screening criteria:
- Beta under 0.5
- 5 Year EPS growth predictions over 5%
- Sales of the past 5 years grown over 5%
- Debt to equity under 0.5
Welltower -- Yield: 5.53%
Welltower (NYSE:HCN) employs 438 people, generates revenue of $3,343.55 million and has a net income of $385.48 million. The current market capitalization stands at $22.02 billion.Welltower’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,717.44 million. The EBITDA margin is 51.37% (the operating margin is 25.83% and the net profit margin 11.53%).
Financials: The total debt represents 43.29% of Welltower assets and the total debt in relation to the equity amounts to 82.19%. Due to the financial situation, a return on equity of 2.59% was realized by Welltower.
Twelve trailing months earnings per share reached a value of $1.49. Last fiscal year, Welltower paid $3.18 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 42.13, the P/S ratio is 6.59 and the P/B ratio is finally 1.68. The dividend yield amounts to 5.53%.
Stock Charts:
Long-Term Stock Price Chart of Welltower (HCN) |
Long-Term Dividend Payment History of Welltower (HCN) |
Long-Term Dividend Yield History of Welltower (HCN) |
Donegal Group -- Yield: 3.83%
Donegal Group (NASDAQ:DGICA) employs 410 people, generates revenue of $586.55 million and has a net income of $14.54 million. The current market capitalization stands at $403.72 million.Donegal Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $111.47 million. The EBITDA margin is 19.00% (the operating margin is 3.03% and the net profit margin 2.48%).
Financials: The total debt represents 4.14% of Donegal Group assets and the total debt in relation to the equity amounts to 14.53%. Due to the financial situation, a return on equity of 3.58% was realized by Donegal Group.
Twelve trailing months earnings per share reached a value of $0.85. Last fiscal year, Donegal Group paid $0.53 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 16.83, the P/S ratio is 0.69 and the P/B ratio is finally 0.92. The dividend yield amounts to 3.83%.
Stock Charts:
Long-Term Stock Price Chart of Donegal Group (DGICA) |
Long-Term Dividend Payment History of Donegal Group (DGICA) |
Long-Term Dividend Yield History of Donegal Group (DGICA) |
Eversource Energy -- Yield: 3.10%
Eversource Energy (NYSE:ES) employs 8,248 people, generates revenue of $7,741.86 million and has a net income of $827.06 million. The current market capitalization stands at $17.06 billion.Eversource Energy’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,269.61 million. The EBITDA margin is 29.32% (the operating margin is 21.09% and the net profit margin 10.68%).
Financials: The total debt represents 32.94% of Eversource Energy assets and the total debt in relation to the equity amounts to 96.80%. Due to the financial situation, a return on equity of 8.37% was realized by Eversource Energy.
Twelve trailing months earnings per share reached a value of $2.88. Last fiscal year, Eversource Energy paid $1.57 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.92, the P/S ratio is 2.20 and the P/B ratio is finally 1.71. The dividend yield amounts to 3.10%.
Stock Charts:
Long-Term Stock Price Chart of Eversource Energy (ES) |
Long-Term Dividend Payment History of Eversource Energy (ES) |
Long-Term Dividend Yield History of Eversource Energy (ES) |
C.H. Robinson Worldwide -- Yield: 2.66%
C.H. Robinson Worldwide (NASDAQ:CHRW) employs 11,521 people, generates revenue of $13,470.07 million and has a net income of $449.71 million. The current market capitalization stands at $9.30 billion.C.H. Robinson Worldwide’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $805.43 million. The EBITDA margin is 5.98% (the operating margin is 5.56% and the net profit margin 3.34%).
Financials: The total debt represents 36.82% of C.H. Robinson Worldwide assets and the total debt in relation to the equity amounts to 113.05%. Due to the financial situation, a return on equity of 45.27% was realized by C.H. Robinson Worldwide.
Twelve trailing months earnings per share reached a value of $3.40. Last fiscal year, C.H. Robinson Worldwide paid $1.43 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 19.17, the P/S ratio is 0.69 and the P/B ratio is finally 9.06. The dividend yield amounts to 2.66%.
Stock Charts:
Long-Term Stock Price Chart of C.H. Robinson Worldwide (CHRW) |
Long-Term Dividend Payment History of C.H. Robinson Worldwide (CHRW) |
Long-Term Dividend Yield History of C.H. Robinson Worldwide (CHRW) |
Church & Dwight -- Yield: 1.60%
Church & Dwight (NYSE:CHD) employs 4,200 people, generates revenue of $3,297.60 million and has a net income of $413.90 million. The current market capitalization stands at $11.01 billion.Church & Dwight’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $737.10 million. The EBITDA margin is 22.35% (the operating margin is 19.44% and the net profit margin 12.55%).
Financials: The total debt represents 25.00% of Church & Dwight assets and the total debt in relation to the equity amounts to 52.11%. Due to the financial situation, a return on equity of 18.81% was realized by Church & Dwight.
Twelve trailing months earnings per share reached a value of $3.03. Last fiscal year, Church & Dwight paid $1.24 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 28.06, the P/S ratio is 3.34 and the P/B ratio is finally 5.33. The dividend yield amounts to 1.60%.
Stock Charts:
Long-Term Stock Price Chart of Church & Dwight (CHD) |
Long-Term Dividend Payment History of Church & Dwight (CHD) |
Long-Term Dividend Yield History of Church & Dwight (CHD) |
Casey's General Stores -- Yield: 0.73%
Casey's General Stores (NASDAQ:CASY) employs 13,050 people, generates revenue of $7,767.22 million and has a net income of $180.63 million. The current market capitalization stands at $4.71 billion.Casey's General Stores’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $481.15 million. The EBITDA margin is 6.19% (the operating margin is 4.16% and the net profit margin 2.33%).
Financials: The total debt represents 34.56% of Casey's General Stores assets and the total debt in relation to the equity amounts to 97.53%. Due to the financial situation, a return on equity of 22.89% was realized by Casey's General Stores.
Twelve trailing months earnings per share reached a value of $5.63. Last fiscal year, Casey's General Stores paid $0.80 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 21.71, the P/S ratio is 0.61 and the P/B ratio is finally 5.36. The dividend yield amounts to 0.73%.
Stock Charts:
Long-Term Stock Price Chart of Casey's General Stores (CASY) |
Long-Term Dividend Payment History of Casey's General Stores (CASY) |
Long-Term Dividend Yield History of Casey's General Stores (CASY) |
Aaron's, Incorporation -- Yield: 0.44%
Aaron's, Incorporation (NYSE:AAN) employs 12,400 people, generates revenue of $2,725.24 million and has a net income of $78.23 million. The current market capitalization stands at $1.66 billion.Aaron's, Incorporation’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,142.23 million. The EBITDA margin is 41.91% (the operating margin is 5.13% and the net profit margin 2.87%).
Financials: The total debt represents 21.86% of Aaron's, Incorporation assets and the total debt in relation to the equity amounts to 43.89%. Due to the financial situation, a return on equity of 6.62% was realized by Aaron's, Incorporation.
Twelve trailing months earnings per share reached a value of $1.87. Last fiscal year, Aaron's, Incorporation paid $0.09 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.12, the P/S ratio is 0.61 and the P/B ratio is finally 1.36. The dividend yield amounts to 0.44%.
Stock Charts:
Long-Term Stock Price Chart of Aaron's, Incorporation (AAN) |
Long-Term Dividend Payment History of Aaron's, Incorporation (AAN) |
Long-Term Dividend Yield History of Aaron's, Incorporation (AAN) |
8 Reliable Dividend Payers To Watch (click to enlarge) |
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