12 Companies Hitting Highs, With A Track Record of Raising Dividends

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Compiled by Luis Gonzalez: The following is a list of stocks that have reached a new 52-week high during recent sessions. All of the stocks mentioned below have a track record of raising dividends more aggressively than their competitors over the last five years.

To control the quality of the list, we only focused on stocks with trailing twelve month payout ratios below 50% (to maximize the probability of finding companies that have the ability to keep paying their dividends).

If you're an income investor, this list might offer an interesting starting point.

Dividend yields, TTM payout ratios and industry comps sourced from Reuters, short float and performance data sourced from Finviz.

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The list has been sorted by the dividend yield.

1. Northrop Grumman Corporation (NOC):Aerospace/Defense Products & Services Industry. Market cap of $19.63B. Current dividend yield at 2.8% vs. industry average at 1.62%. Dividend growth rate over the past five years at 13.68% vs. industry average at 10.79%. TTM Payout Ratio at 27.58% vs. industry average at 38.47%. Short float at 3.98%, which implies a short ratio of 6.99 days. The stock has gained 18.3% over the last year.

2. Linear Technology Corp. (LLTC):Semiconductor Industry. Market cap of $8.09B. Current dividend yield at 2.56% vs. industry average at 0.28%. Dividend growth rate over the past five years at 20.11% vs. industry average at 1.28%. TTM Payout Ratio at 46.56% vs. industry average at 5.72%. Short float at 6.04%, which implies a short ratio of 5.26 days. The stock has gained 28.8% over the last year.

3. KLA-Tencor Corporation (KLAC):Semiconductor Equipment & Materials Industry. Market cap of $7.03B. Current dividend yield at 2.37% vs. industry average at 0.7%. Dividend growth rate over the past five years at 37.97% vs. industry average at -16.45%. TTM Payout Ratio at 34.27% vs. industry average at 13.93%. Short float at 2.53%, which implies a short ratio of 1.82 days. The stock has gained 28.38% over the last year.

4. Analog Devices Inc. (ADI):Semiconductor Industry. Market cap of $11.53B. Current dividend yield at 2.28% vs. industry average at 0.28%. Dividend growth rate over the past five years at 21.29% vs. industry average at 1.28%. TTM Payout Ratio at 35.21% vs. industry average at 5.72%. Short float at 3.24%, which implies a short ratio of 2.62 days. The stock has gained 37.12% over the last year.

5. Vale S.A. (VALE): Steel & Iron Industry. Market cap of $190.15B. Current dividend yield at 2.09% vs. industry average at 0.96%. Dividend growth rate over the past five years at 25.32% vs. industry average at 6.19%. TTM Payout Ratio at 19.43% vs. industry average at 15.62%. Short float at 0.66%, which implies a short ratio of 1.89 days. The stock has gained 21.88% over the last year.

6. AFLAC Inc. (AFL): Accident & Health Insurance Industry. Market cap of $27.18B. Current dividend yield at 2.08% vs. industry average at 1.1%. Dividend growth rate over the past five years at 24.13% vs. industry average at -2.41%. TTM Payout Ratio at 24.65% vs. industry average at 22.48%. Short float at 1.35%, which implies a short ratio of 2.14 days. The stock has gained 15.52% over the last year.

7. Applied Materials, Inc. (AMAT): Semiconductor Equipment & Materials Industry. Market cap of $20.34B. Current dividend yield at 1.83% vs. industry average at 0.68%. Dividend growth rate over the past five years at 24.57% vs. industry average at -16.52%. TTM Payout Ratio at 38.5% vs. industry average at 13.97%. Short float at 1.62%, which implies a short ratio of 1.6 days. The stock has gained 14.07% over the last year.

8. Archer Daniels Midland Company (ADM): Farm Products Industry. Market cap of $21.41B. Current dividend yield at 1.79% vs. industry average at 1.7%. Dividend growth rate over the past five years at 12.63% vs. industry average at 7.67%. TTM Payout Ratio at 21.25% vs. industry average at 44.65%. Short float at 1.36%, which implies a short ratio of 1.56 days. The stock has gained 12% over the last year.

9. International Business Machines Corp. (IBM): Diversified Computer Systems Industry. Market cap of $186.35B. Current dividend yield at 1.73% vs. industry average at 1.03%. Dividend growth rate over the past five years at 25.16% vs. industry average at 24.79%. TTM Payout Ratio at 21.2% vs. industry average at 27.02%. Short float at 1.09%, which implies a short ratio of 2.69 days. The stock has gained 16% over the last year.

10. Deere & Company (DE): Farm & Construction Machinery Industry. Market cap of $37.84B. Current dividend yield at 1.56% vs. industry average at 1%. Dividend growth rate over the past five years at 13.9% vs. industry average at 6.56%. TTM Payout Ratio at 26.41% vs. industry average at 31.38%. Short float at 0.76%, which implies a short ratio of 0.9 days. The stock has gained 61.82% over the last year.

11. AptarGroup, Inc. (ATR): Packaging & Containers Industry. Market cap of $3.25B. Current dividend yield at 1.49% vs. industry average at 1.09%. Dividend growth rate over the past five years at 22.22% vs. industry average at 6.83%. TTM Payout Ratio at 26.36% vs. industry average at 14.49%. Short float at 0.73%, which implies a short ratio of 3.21 days. The stock has gained 35.35% over the last year.

12. Parker Hannifin Corporation (PH): Industrial Equipment & Components Industry. Market cap of $14.46B. Current dividend yield at 1.29% vs. industry average at 1.15%. Dividend growth rate over the past five years at 14.2% vs. industry average at 5.07%. TTM Payout Ratio at 22.33% vs. industry average at 31.05%. Short float at 1.76%, which implies a short ratio of 2.23 days. The stock has gained 55.56% over the last year.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks


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