Companies that show up on our Watch Lists could be considered the equivalent of the bargain bin of high-quality blue-chip stocks. Because these companies have increased their dividends every year for at least 10 years in a row, or are part of the Nasdaq 100 and within 20% of their respective 52-week low, you know that you’re not overpaying for a company that has demonstrated profitability and the ability to rebound from challenging times.
|Symbol||Name||Price||EPS||Div/Shr||Yield||Pct from Yr Low||Ex-Div|
|CHFC||Chemical Financial Corp||$20.93||0.71||0.8||3.80%||11.39%||12/01/10|
|IMO||Imperial Oil Limited||$36.03||2.23||0.43||1.20%||2.42%||12/01/10|
|ANAT||American National Insurance||$79.71||5.37||3.08||3.90%||7.51%||12/01/10|
|CBSH||Commerce Bancshares, Inc.||$37.48||2.5||0.94||2.50%||6.78%||12/06/10|
|CHL||China Mobile Limited||$49.69||4.34||1.64||3.30%||11.89%||12/06/10|
|FNF||Fidelity National Financial||$13.63||1.34||0.72||5.30%||8.17%||12/07/10|
|UMBF||UMB Financial Corp||$37.44||2.37||0.78||2.10%||17.85%||12/08/10|
|NTRS||Northern Trust Corp||$50.20||2.92||1.12||2.20%||10.81%||12/08/10|
|WMT||Wal-Mart Stores, Inc.||$53.67||4.03||1.21||2.30%||12.35%||12/08/10|
If you happen to be researching these companies for potential investment, it would be advisable to consider the ex-dividend date prior to possible purchases. Owning the shares of the company that you're interested in before the ex-dividend date entitles you to the upcoming dividend payment. Owning the shares on or after the ex-dividend date means that you would have to wait at least three months before receipt of the next dividend payment.
Please verify the ex-dividend date and payout ratio before committing funds to these stocks. Additionally, do not base your next long- or short-term purchase on the dividend payment or yield. Instead, get as much research in as you possibly can before the ex-dividend date "just in case" you're actually interested in buying the stock. Payout ratios that exceed 100% should be considered speculative investments.
Disclosure: Long NTRS.