Submitted by
Dividend Yield
as part of our
contributors program
.
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.
Here are my favorite dividend growth stocks:
York Water (
YORW
)
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 (
HRL
)
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 (
DGX
)
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.
*I am long BDX. I receive no compensation to write about these
specific stocks, sector or theme. I don't plan to increase or
decrease positions or obligations within the next 72 hours.
For the other stocks: I have no positions in any stocks
mentioned, and no plans to initiate any positions within the next
72 hours. I receive no compensation to write about any specific
stock, sector or theme.
Monthly Yield Fact Book | Yields Dividend Champions | Yields
Dividend Contenders | Yields Dividend Challengers | High-Yield
Large Cap |
+10% Yielding Stocks
|