81 Dividend Growers to Consider

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Includes: ABM, ABT, ADM, AFL, ALB, AOS, APD, ATR, BDX, BEC, BRC, BRO, CAH, CASY, CHD, CHRW, CL, CLC, CSL, CTAS, DCI, DHR, EGN, EOD, EXPD, FDO, FDS, FPL-OLD, FUL, GD, GWW, HFC, HHS, HP, HRB, HSC, IBM, JNJ, JWN, LLY, LOW, MAR, MATW, MDT, MKC, MLM, MUR, NDSN, OMI, OZRK, PB, PEP, PG, PX, RLI, ROP, ROST, SCL, SEIC, SFG, SHW, SIAL, SPGI, SVU, SYK, TFX, TGT, TJX, TMP, TR, UFPI, UGI, UMBF, UTX, VAL, VFC, WABC, WBA, WMT, WST, XOM
by: David I. Templeton, CFA
Standard & Poor's evaluated companies in the S&P 1500 as of June 15, 2009 that had the following characteristics.
  • paid increasing annual cash dividends for the past ten years
  • 2009 estimated coverage and 2010 ratio of at least 2-to-1 (based on street estimates divided by the current 12 month indicated dividend rate)
As S&P notes, and I strongly concur, this is not a buy list, but a starting point for investors who are interested in dividend growth stocks. Undoubtedly, the current economic environment has negatively impacted a number of companies and their dividend practices.

Source:


Standard & Poor's (.xls)