30 Underperforming Stocks With a Track Record of Raising Dividends

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 |  Includes: ABT, ADM, AIZ, AVP, BKH, CLX, D, DLR, EOG, ESLT, FRT, HCP, HI, K, KMB, KNX, LLL, LMT, LSTR, MATW, MDT, OFC, PBCT, PEP, PPL, SAFM, SPY, STRA, SYY, TECH, VGR
by: Kapitall

The following is a list of stocks that have lagged the rest of the market over the last quarter. If you're an income investor, this list might be interesting to you, especially when you consider that all of these stocks have raised dividends over the last three years.

Do these underperforming stocks look attractive to dividend investors? We're not going to go into detailed analysis for each company. The goal here is to give you a starting point for your own analysis.

Dividend yield and performance data sourced from Finviz, dividend history data sourced from AOL Money.

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The list has been sorted alphabetically.

1. Abbott Laboratories (NYSE:ABT): Drug Manufacturer. Market cap of $74.45B. Dividend yield at 3.65%, with the stock losing -4.2% over the last quarter. Sep 2008 dividend per share at $0.36, Sep 2009 dividend increased to $0.40, and Sep 2010 dividend increased to $0.44. Short float at 0.61%, which implies a short ratio of 1.35 days. The stock has lost -5.97% over the last year.

2. Archer Daniels Midland Company (NYSE:ADM): Farm Products Industry. Market cap of $19.29B. Dividend yield at 1.99%, with the stock losing -1.92% over the last quarter. Nov 2008 dividend per share at $0.13, Nov 2009 dividend increased to $0.14, and Nov 2010 dividend increased to $0.15. Short float at 1.83%, which implies a short ratio of 2.13 days. The stock has lost -5.27% over the last year.

3. Assurant Inc. (NYSE:AIZ): Accident & Health Insurance Industry. Market cap of $3.73B. Dividend yield at 1.83%, with the stock losing -6.17% over the last quarter. Aug 2008 dividend per share at $0.14, Jul 2009 dividend increased to $0.15, and Aug 2010 dividend increased to $0.16. Short float at 1.57%, which implies a short ratio of 1.36 days. The stock has gained 14.43% over the last year.

4. Avon Products Inc. (NYSE:AVP): Personal Products Industry. Market cap of $12.61B. Dividend yield at 2.99%, with the stock losing -1.11% over the last quarter. Nov 2008 dividend per share at $0.20, Nov 2009 dividend increased to $0.21, and Nov 2010 dividend increased to $0.22. Short float at 1.97%, which implies a short ratio of 1.91 days. The stock has lost -13.23% over the last year.

5. Black Hills Corporation (NYSE:BKH): Electric Utilities Industry. Market cap of $1.17B. Dividend yield at 4.83%, with the stock losing -4.12% over the last quarter. Oct 2008 dividend per share at $0.35, Oct 2009 dividend increased to $0.36, and Oct 2010 dividend increased to $0.36. Short float at 8.24%, which implies a short ratio of 9.45 days. The stock has gained 30.77% over the last year.

6. Clorox Corporation (NYSE:CLX): Conglomerates Industry. Market cap of $8.87B. Dividend yield at 3.46%, with the stock losing -1.07% over the last quarter. Sep 2008 dividend per share at $0.46, Sep 2009 dividend increased to $0.50, and Sep 2010 dividend increased to $0.55. Short float at 2.89%, which implies a short ratio of 3.25 days. The stock has gained 10.05% over the last year.

7. Dominion Resources, Inc. (NYSE:D): Electric Utilities Industry. Market cap of $25.03B. Dividend yield at 4.24%, with the stock losing -2.55% over the last quarter. Oct 2008 dividend per share at $0.40, Oct 2009 dividend increased to $0.44, and May 2010 dividend increased to $0.46. Short float at 2.06%, which implies a short ratio of 4.1 days. The stock has gained 23.06% over the last year.

8. Digital Realty Trust Inc. (NYSE:DLR): REIT. Market cap of $4.87B. Dividend yield at 3.94%, with the stock losing -9.75% over the last quarter. Nov 2008 dividend per share at $0.33, Oct 2009 dividend increased to $0.45, and Nov 2010 dividend increased to $0.53. Short float at 16.16%, which implies a short ratio of 11.51 days. The stock has gained 16.61% over the last year.

9. EOG Resources, Inc. (NYSE:EOG): Independent Oil & Gas Industry. Market cap of $23.48B. Dividend yield at 0.67%, with the stock losing -2.72% over the last quarter. Jul 2008 dividend per share at $0.14, Sep 2009 dividend increased to $0.15, and Sep 2010 dividend increased to $0.16. Short float at 3.9%, which implies a short ratio of 3.5 days. The stock has gained 5.07% over the last year.

10. Elbit Systems Ltd. (NASDAQ:ESLT): Aerospace/Defense Products & Services Industry. Market cap of $2.04B. Dividend yield at 2.92%, with the stock losing -4.14% over the last quarter. May 2008 dividend per share at $0.68, May 2009 dividend increased to $1.22, and Aug 2010 dividend increased to $1.37. Short float at 0.18%, which implies a short ratio of 3.5 days. The stock has lost -19.84% over the last year.

11. Federal Realty Investment Trust (NYSE:FRT): REIT. Market cap of $4.86B. Dividend yield at 3.39%, with the stock losing -0.21% over the last quarter. Oct 2008 dividend per share at $0.65, Nov 2009 dividend increased to $0.66, and Nov 2010 dividend increased to $0.67. Short float at 5.11%, which implies a short ratio of 6.15 days. The stock has gained 24.84% over the last year.

12. HCP, Inc. (NYSE:HCP): REIT. Market cap of $10.3B. Dividend yield at 5.61%, with the stock losing -4.52% over the last quarter. Oct 2008 dividend per share at $0.46, Oct 2009 dividend increased to $0.46, and Oct 2010 dividend increased to $0.47. Short float at 4.19%, which implies a short ratio of 4.31 days. The stock has gained 20.61% over the last year.

13. Hillenbrand, Inc. (NYSE:HI): Personal Services Industry. Market cap of $1.25B. Dividend yield at 3.75%, with the stock losing -.84% over the last quarter. Sep 2008 dividend per share at $0.18, Aug 2009 dividend increased to $0.19, and Sep 2010 dividend increased to $0.19. Short float at 2.84%, which implies a short ratio of 8.24 days. The stock has gained 4.17% over the last year.

14. Kellogg Company (NYSE:K): Processed & Packaged Goods Industry. Market cap of $17.97B. Dividend yield at 3.32%, with the stock losing -3.92% over the last quarter. Oct 2008 dividend per share at $0.34, Oct 2009 dividend increased to $0.38, and Oct 2010 dividend increased to $0.41. Short float at 2.75%, which implies a short ratio of 3.88 days. The stock has lost -5.83% over the last year.

15. Kimberly-Clark Corporation (NYSE:KMB): Personal Products Industry. Market cap of $25.36B. Dividend yield at 4.25%, with the stock losing -3.25% over the last quarter. Aug 2008 dividend per share at $0.58, Aug 2009 dividend increased to $0.6, and Aug 2010 dividend increased to $0.66. Short float at 1.34%, which implies a short ratio of 1.99 days. The stock has gained 1.14% over the last year.

16. Knight Transportation Inc. (NYSE:KNX): Trucking Industry. Market cap of $1.53B. Dividend yield at 1.31%, with the stock losing -6.86% over the last quarter. Aug 2008 dividend per share at $0.04, Aug 2009 dividend increased to $0.05, and Aug 2010 dividend increased to $0.06. Short float at 8.38%, which implies a short ratio of 5.42 days. The stock has gained 10.29% over the last year.

17. L-3 Communications Holdings Inc. (NYSE:LLL): Aerospace/Defense Products & Services Industry. Market cap of $8.B. Dividend yield at 2.26%, with the stock losing -0.34% over the last quarter. Oct 2008 dividend per share at $0.3, Oct 2009 dividend increased to $0.35, and Oct 2010 dividend increased to $0.4. Short float at 3.11%, which implies a short ratio of 4.29 days. The stock has lost -7.16% over the last year.

18. Lockheed Martin Corporation (NYSE:LMT): Aerospace/Defense Products & Services Industry. Market cap of $24.98B. Dividend yield at 4.32%, with the stock losing -3.37% over the last quarter. Sep 2008 dividend per share at $0.57, Sep 2009 dividend increased to $0.63, and Sep 2010 dividend increased to $0.75. Short float at 2.27%, which implies a short ratio of 2.95 days. The stock has lost -5.76% over the last year.

19. Landstar System Inc. (NASDAQ:LSTR): Trucking Industry. Market cap of $1.85B. Dividend yield at 0.53%, with the stock losing -0.53% over the last quarter. Oct 2008 dividend per share at $0.04, Oct 2009 dividend increased to $0.05, and Oct 2010 dividend increased to $0.05. Short float at 3.01%, which implies a short ratio of 3.06 days. The stock has gained 1.84% over the last year.

20. Matthews International Corporation (NASDAQ:MATW): Metal Fabrication Industry. Market cap of $990.78M. Dividend yield at 0.96%, with the stock losing -.92% over the last quarter. Oct 2008 dividend per share at $0.07, Oct 2009 dividend increased to $0.07, and Oct 2010 dividend increased to $0.08. Short float at 3.98%, which implies a short ratio of 13.73 days. The stock has lost -3.57% over the last year.

21. Medtronic, Inc. (NYSE:MDT): Medical Appliances & Equipment Industry. Market cap of $37.43B. Dividend yield at 2.6%, with the stock losing -2.64% over the last quarter. Aug 2008 dividend per share at $0.19, Aug 2009 dividend increased to $0.21, and Aug 2010 dividend increased to $0.23. Short float at 1.18%, which implies a short ratio of 1.67 days. The stock has lost -10.21% over the last year.

22. Corporate Office Properties Trust (NYSE:OFC): REIT. Market cap of $2.08B. Dividend yield at 4.71%, with the stock losing -6.34% over the last quarter. Sep 2008 dividend per share at $0.37, Sep 2009 dividend increased to $0.39, and Sep 2010 dividend increased to $0.41. Short float at 7.45%, which implies a short ratio of 5.4 days. The stock has gained 4.63% over the last year.

23. People's United Financial Inc. (NASDAQ:PBCT): Savings & Loans Industry. Market cap of $4.67B. Dividend yield at 4.9%, with the stock losing -4.88% over the last quarter. Oct 2008 dividend per share at $0.15, Oct 2009 dividend increased to $0.15, and Oct 2010 dividend increased to $0.16. Short float at 5.16%, which implies a short ratio of 5 days. The stock has lost -18.53% over the last year.

24. Pepsico, Inc. (NYSE:PEP): Processed & Packaged Goods Industry. Market cap of $102.1B. Dividend yield at 2.98%, with the stock losing -0.98% over the last quarter. Jul 2008 dividend per share at $0.43, Aug 2009 dividend increased to $0.45, and Jul 2010 dividend increased to $0.48. Short float at 0.54%, which implies a short ratio of 1.39 days. The stock has gained 7.1% over the last year.

25. PPL Corporation (NYSE:PPL): Electric Utilities Industry. Market cap of $12.59B. Dividend yield at 5.37%, with the stock losing -2.47% over the last quarter. Aug 2008 dividend per share at $0.34, Aug 2009 dividend increased to $0.35, and Aug 2010 dividend increased to $0.35. Short float at 1.53%, which implies a short ratio of 1.76 days. The stock has lost -9.29% over the last year.

26. Sanderson Farms, Inc. (NASDAQ:SAFM): Meat Products Industry. Market cap of $939.84M. Dividend yield at 1.65%, with the stock losing -2.29% over the last quarter. Sep 2008 dividend per share at $0.14, Sep 2009 dividend increased to $0.15, and Sep 2010 dividend increased to $0.17. Short float at 5.36%, which implies a short ratio of 3.22 days. The stock has gained 4.03% over the last year.

27. Strayer Education Inc. (NASDAQ:STRA): Education & Training Services Industry. Market cap of $1.93B. Dividend yield at 2.81%, with the stock losing -7.98% over the last quarter. Oct 2008 dividend per share at $0.5, Oct 2009 dividend increased to $0.75, and Oct 2010 dividend increased to $1.. Short float at 25.88%, which implies a short ratio of 7.74 days. The stock has lost -25.44% over the last year.

28. Sysco Corp. (NYSE:SYY): Food Wholesale Industry. Market cap of $16.92B. Dividend yield at 3.46%, with the stock losing -0.1% over the last quarter. Sep 2008 dividend per share at $0.22, Sep 2009 dividend increased to $0.24, and Aug 2010 dividend increased to $0.25. Short float at 2.73%, which implies a short ratio of 4.52 days. The stock has gained 10.76% over the last year.

29. Techne Corp. (NASDAQ:TECH): Biotechnology Industry. Market cap of $2.25B. Dividend yield at 1.78%, with the stock losing -0.02% over the last quarter. Oct 2008 dividend per share at $0.25, Oct 2009 dividend increased to $0.26, and Oct 2010 dividend increased to $0.27. Short float at 1.97%, which implies a short ratio of 8.31 days. The stock has lost -8.05% over the last year.

30. Vector Group Ltd. (NYSE:VGR): Cigarettes Industry. Market cap of $1.4B. Dividend yield at 8.14%, with the stock losing -0.05% over the last quarter. Sep 2008 dividend per share at $0.35, Sep 2009 dividend increased to $0.38, and Sep 2010 dividend increased to $0.40. Short float at 7.68%, which implies a short ratio of 10.18 days. The stock has gained 45.91% over the last year.

Disclosure: No positions