Updated Stats

I have updated all of the stats for the best 80 dividend growth stocks that we cover. This includes all of the numbers listed on the ‘Check for Undervalued Stocks’ page as well as the top 10 below fair value stocks listed on the home page. Most of these numbers are taken from John Fish’s Dividend Champions spreadsheet which he updates at the end of each month. The latest fair value estimates are credited to Morningstar.

Both of my sources are highly creditable for the stocks that they cover, but unfortunately they do not cover all dividend growth stocks. Due to this lack of coverage I have had to remove many stocks that were previously listed on this site. There were also a few that have dropped off due to failure to increase their dividends for two consecutive years; which was the case with Intel (INTC), or in the case of Baxter (BAX) the company split into two companies and conveniently lowered the overall dividend payment. Before the split up BAX paid a $0.52 quarterly dividend post split the combined companies of Baxter and Baxalta now only pay $0.18 dividend.

The other companies that are no longer being follow are: ALB, CNQ, ENB, GWW, MDP, MSA, OXY, SJR, SWK, SXL,
TGH, WEYS, WPC.

Here are the changes to companies that increased their dividend payout (annual dividend payments are shown in $dollars) and what the annual pay raise shareholders of these companies will receive:

CAT 2.80 to 3.08 a 10.0% increase
COP 2.92 to 2.96 a 1.4% increase
DOV 1.60 to 1.68 a 5.0% increase
GIS 1.64 to 1.76 a a 7.3% increase
ITW 1.94 to 2.20 a 13.4 increase
MMP 2.87 to 2.96 a 3.1% increase
MO 2.08 to 2.26 a 8.6% increase
MXIM 1.12 to 1.18 a 5.6% increase
SJM 2.56 to 2.63 a 2.7% increase

Here are the changes to companies that received an increase in their fair value estimate:

Fair value increased
APD 130 to 140
CL  72 to 73
CMP 94 to 95
GD 137 to 141
GPS 47 to 48
ITW 101 to 103
KMB 103 to 105
LMT 161 to 167
MO 51 to 55
MXIM 31 to 33
PEP 95 to 97
TEVA 58 to 70
UTX 118 to 120
WBA 58 to 70
YUM 98 to 100

Here are the changes to companies that received a decrease to their fair value estimate:

BBL 53 to 45
CNI 63 to 60
DE 91 to 89
DOV 75 to 70
EMR 65 to 64
EV  45 to 40
JW.A 63 to 56
MMP 88 to 80
NUE 62 to 57
QCOM 75 to 70
TROw 89 TO 85
WMT 81 to 79

Filed in: Uncategorized