In this article, I share the results of a screen for Australian companies that have grown their dividend each year for at least the past 10 years. I measure the dividend growth in local currency as opposed to United States dollars. Below is some basic information about each of the 11 securities that passed the screen. After, I give a brief description of each company.
This list is not meant as advice to invest but as a source of potential research opportunities for investors who are interested in diversifying their dividend growth portfolios internationally and are potentially willing to trade on non-US exchanges. In the event that an ADR (American Depository Receipt) is available, I give the ticker. Prospective investors are also cautioned to understand the tax treatments on non-US based dividend payers before investing.
1-year Div Growth
3-year Div CAGR
5-year Div CAGR
DPS (Last full year)
WOW AU Equity
SOL AU Equity
WASHINGTON H. SO
RHC AU Equity
MND AU Equity
FWD AU Equity
EMB AU Equity
CSL AU Equity
COH AU Equity
CCL AU Equity
BKL AU Equity
ARP AU Equity
ARB CORP LTD
Woolworths was founded in 1924 in Sydney. It has more than 3,000 stores in Australia and New Zealand that span food, liquor, gasoline, general merchandise, home improvement and hotels. Woolworths employs more than 195,000 people. The founding CEO, Percy Christmas, offered the following key principle: "Every man, woman and child needs a handy place where good things are cheap." It trades on the Australian Stock Exchange, the Frankfurt Stock Exchange, and as an ADR under ticker WOLZY.OB.
Washington H. Soul Pattinson & Co Ltd
Washington H. Soul Pattinson and Company is engaged in the ownership of shares, coal mining, distribution and retail of pharmaceutical products and manufacture of building products. It is an industrial conglomerate that has three main operating subsidiaries: New Hope Corporation Limited, CopperChem Limited and Pitt Capital Partners Limited. It trades on the Australian Stock Exchange.
Ramsay Health Care Limited
Ramsay Health Care was established in 1964 and is Australia's largest private hospital operator. It operates 116 hospitals, services over 10,000 beds and employs over 30,000 people. It operates its business according to the philosophy: "People Caring for People." It trades on the Australian Stock Exchange and the Frankfurt Stock Exchange.
Monadelphous Group was publicly listed in 1991. Monadelphous provides engineering services to the resources, energy and infrastructure industries. It offers multi-disciplined construction services, plant commissioning, and aviation support services (among others). It trades on the Australian Stock Exchange, the Frankfurt Stock Exchange, and as an ADR under ticker MOPHY.PK.
Fleetwood Corporation was founded in 1964 with operations based around the sale of caravans and caravan accessories. It was publicly listed in 1987, and its operations expanded to include the operation of caravan parks and the construction of park homes. Today, they are focused in three areas: Recreation, Retirement, and Resources. It trades on the Australian Stock Exchange.
Embelton was founded in 1925 and publicly listed in 1957. Embelton operates in two industries: timber flooring and noise & vibration isolation. They have manufacturing operations in cork, rubber, and metals fabrication. The company owns a timber mill, which produces a significant portion of Embelton's timber supply. It trades on the Australian Stock Exchange.
CSL has over 90 years in the development and manufacture of vaccines and plasma protein biotherapies. CSL has facilities in Australia, Germany, Switzerland, and the US. They employ over 10,000 people in 27 countries. Their focus is on human plasma, on influenza vaccine (globally) and other vaccines (in Australia and New Zealand), and Research and Development. It trades on the Australian Stock Exchange, the Frankfurt Stock Exchange, and as an ADR under ticker CMXHY.PK.
Cochlear is a leading operator in the implantable hearing device industry. Its products include cochlear implants, the Baha system, freedom accessories, speech processor upgrades, and the nucleus freedom implant. Sales are spread among North America (40%), Europe (40%), and Asia (20%). It trades on the Australian Stock Exchange, the Frankfurt Stock Exchange, and as an ADR with ticker CHEOY.PK.
Coca-Cola Amatil Limited
Coca-Cola Amatil is one of the largest bottlers of non-alcoholic beverages in the Asia-Pacific region and one of the world's top Coca-Cola bottlers. It operates in Australia, New Zealand, Fiji, Indonesia and Papua New Guinea. They sell carbonated soft drinks, water, sports and energy drinks, fruit juice, flavored milk, coffee, and packaged fruit and vegetable products. They also sell and distribute premium spirits, including Canadian Club and Makers Mark. The Coca-Cola (NYSE:KO) company owns 30% of the shares. It trades on the Australian Stock Exchange, the Frankfurt Stock Exchange, and as an ADR with ticker CCLAY.PK.
Blackmores Limited was founded in the 1930s and is a leader in the Australian vitamin, herbal, and mineral supplement market. They distribute through pharmacies, supermarkets, and health food stores. They also distribute in a number of other countries in the Asia-Pacific region. It trades on the Australian Stock Exchange.
ARB Corporation Limited
ARB Corporation manufactures and distributes motor vehicle accessories and light metal engineering works for four wheel drive vehicles. Its products include protection equipment, air lockers, IPF lights and accessories. Their equipment is designed to meet the demands of 4WD owners driving on corrugated roads with heavy loads in high temperatures in the Australian outback. It trades on the Australian Stock Exchange.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in OTCPK:CHEOY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: All data presented in this article was sourced from Bloomberg. The prices and market capitalizations given are as of the close of market on May 9, 2013.