Sunday, August 2, 2015

August Screen

Dividend Growth Stock Blog
Hello



Another month, another screen.

This is part of my routine - why DGI can be boring. But sometimes, you can find a gem. You also learn a lot by analyzing companies - which is always fun!

As usual, I screen using my google spreadsheet. (Or, you can use David Fish’s CCC list).

For August, I used the following criteria to screen for Dividend Growth Stocks:
  • Yield over Avg Yield > 1.10
  • Payout Ratio < 0.8
  • Chowder > 8
  • PE over Median PE < 1.0

Basically, the screen looks out for companies with lower than average P/E and higher than average yield. I also wanted a high Chowder to make sure that the company has enough dividend growth. Instead of using credit ratings, I changed my screen to look for wide moat companies or companies with no debt.

Ticker
Name
Price
Price Low
Price High
Yield
5 Yr Div Growth
Payout Ratio
P/E / Med PE
MorningStar
chowder
Yield/Avg Yield
M* Moat
Cash to Debt
Interest Cover
BUD
Anheuser-Busch Inbev SA Sponsor
119.55
102.21
129.24
3.6
74.9
86%
0.93
A-
78.50
2.12
Wide
N/A
7.67
CAT
Caterpillar, Inc. Common Stock
78.65
74.77
109.73
4
6.7
48%
0.92
A-
10.70
1.67
Wide
0.2
4.81
EMR
Emerson Electric Company Common
51.75
50.1
65.94
3.7
6.1
47%
0.72
A+
9.80
1.28
Wide
0.49
20.38
EPD
Enterprise Products Partners L.
28.33
18.25
41.38
5.5
5.7
107%
0.83
BBB+
11.20
1.15
Wide
0.43
4.10
HOG
Harley-Davidson, Inc. Common St
58.3
53.04
70.41
2.2
24.1
31%
0.95
BBB
26.30
1.69
Wide
0.21
307.78
NSC
Norfolk Southern Corporation Co
84.33
82.31
117.64
2.8
11.3
36%
0.92
BBB+
14.10
1.17
Wide
0.1
6.42
PX
Praxair, Inc. Common Stock
114.14
111.54
134.06
2.5
10.2
47%
0.95
A-
12.70
1.32
Wide
0.02
12.24
TXN
Texas Instruments Incorporated
49.98
41.47
59.99
2.8
24.5
47%
0.90
A+
27.30
1.17
Wide
0.71
41.99
UNP
Union Pacific Corporation Commo
97.59
91.23
124.52
2.4
29.4
36%
0.96
A
31.80
1.26
Wide
0.15
15.60
UTX
United Technologies Corporation
100.31
97.3
124.45
2.6
8.9
35%
0.86
A
11.50
1.13
Wide
0.26
8.88
WMT
Wal-Mart Stores, Inc. Common St
71.98
70.36
90.97
2.7
12.9
39%
0.93
AA
15.60
1.17
Wide
0.15
11.03
AVX
AVX Corporation Common Stock
13.47
11.73
15.15
3.3
20.8
30%
0.58
None
24.10
1.32
None
No Debt
No Debt
CNS
Cohn & Steers Inc Common Stock
30.91
30.55
47.16
3.2
31.8
118%
0.76
None
35.00
1.60
None
No Debt
No Debt
FNV
Franco-Nevada Corporation
40.54
38.2
61.47
2.1
27.9
136%
0.99
None
30.00
1.62
None
No Debt
No Debt
TROW
T. Rowe Price Group, Inc.
77.13
71.78
88.64
2.7
11.9
41%
0.75
None
14.60
1.35
None
No Debt
No Debt

CAT, EMR, UNP, WMT and TROW are already in my portfolio, so I look to average down on these excellent companies. Please see my analyses on them below:

NSC and UTX are interesting, and I will research these further for inclusion in my portfolio.

Again, the screen is the first step in the dividend stock analysis/investment process. I will do my homework (and you should too!) before any purchases.

Div4son

Disclosure: Long CAT, EMR, UNP, WMT and TROW

Graphics - ScreenCarnival

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