14 High Dividend Growth Stocks Reporting Earnings This Month

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 |  Includes: ALV, BK, DOW, FCF, IP, JNS, JPM, NWL, OB, OMC, PKG, PNC, RCII, SIGI
by: Kapitall

If you like to follow the earnings roster, here are some names you might want to put on your watchlist.

Here we report 14 dividend stocks (paying dividend yields above 2%) that are seeing high dividend growth comparing the trailing-twelve-month dividend to the current year’s dividend estimate. These stocks are also reporting quarterly earnings in the month of July.

We also controlled for sustainable payout ratios below 35%.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.


We even created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.



Do you think these names will surprise the market? Use this list as a starting-off point for your own analysis.

List sorted by dividend yield.

1. OneBeacon Insurance Group, Ltd. (NYSE:OB): Surety & Title Insurance Industry. Market cap of $1.26B. Earnings to be released on 7/25. Dividend yield at 6.27%, payout ratio at 11.91%. Current year dividend per share estimate at $1.53 vs. TTM dividend per share at $0.84. The stock has gained 24.91% over the last year.

2. International Paper Co. (NYSE:IP): Paper & Paper Products Industry. Market cap of $13.04B. Earnings to be released on 7/25. Dividend yield at 3.52%, payout ratio at 22.47%. Current year dividend per share estimate at $0.94 vs. TTM dividend per share at $0.56. This is a risky stock that is significantly more volatile than the overall market (beta = 2.19). The stock has gained 33.3% over the last year.

3. Selective Insurance Group Inc. (NASDAQ:SIGI): Property & Casualty Insurance Industry. Market cap of $878.91M. Earnings to be released on 7/27. Dividend yield at 3.20%, payout ratio at 33.77%. Current year dividend per share estimate at $0.62 vs. TTM dividend per share at $0.52. The stock has gained 14.18% over the last year.

4. Packaging Corp. of America (NYSE:PKG): Packaging & Containers Industry. Market cap of $2.85B. Earnings to be released on 7/18. Dividend yield at 2.86%, payout ratio at 29.81%. Current year dividend per share estimate at $0.76 vs. TTM dividend per share at $0.65. The stock has gained 30.13% over the last year.

5. The Dow Chemical Company (NYSE:DOW): Chemicals Diversified Industry. Market cap of $42.32B. Earnings to be released on 7/27. Dividend yield at 2.78%, payout ratio at 31.52%. Current year dividend per share estimate at $0.86 vs. TTM dividend per share at $0.60. This is a risky stock that is significantly more volatile than the overall market (beta = 2.23). The stock has gained 58.03% over the last year.

6. JPMorgan Chase & Co. (NYSE:JPM): Money Center Banks Industry. Market cap of $162.68B. Earnings to be released on 7/14. Dividend yield at 2.44%, payout ratio at 9.36%. Current year dividend per share estimate at $0.99 vs. TTM dividend per share at $0.40. The stock has gained 14.36% over the last year.

7. PNC Financial Services Group Inc. (NYSE:PNC):
Money Center Banks Industry. Market cap of $31.37B. Earnings to be released on 7/18. Dividend yield at 2.35%, payout ratio at 6.68%. Current year dividend per share estimate at $1.11 vs. TTM dividend per share at $0.40. The stock has had a couple of great days, gaining 5.15% over the last week.

8. Autoliv, Inc. (NYSE:ALV):
Auto Parts Industry. Market cap of $6.96B. Earnings to be released on 7/21. Dividend yield at 2.29%, payout ratio at 14.52%. Current year dividend per share estimate at $1.77 vs. TTM dividend per share at $1.48. The stock has gained 68.31% over the last year.

9. Janus Capital Group, Inc. (NYSE:JNS):
Asset Management Industry. Market cap of $1.76B. Earnings to be released on 7/18. Dividend yield at 2.12%, payout ratio at 4.44%. Current year dividend per share estimate at $0.17 vs. TTM dividend per share at $0.09. This is a risky stock that is significantly more volatile than the overall market (beta = 2.67). The stock has gained 5.36% over the last year.

10. Rent-A-Center Inc. (NASDAQ:RCII): Rental & Leasing Services Industry. Market cap of $1.94B. Earnings to be released on 7/25. Dividend yield at 2.09%, payout ratio at 6.96%. Current year dividend per share estimate at $0.25 vs. TTM dividend per share at $0.18. The stock is a short squeeze candidate, with a short float at 8.09% (equivalent to 8.83 days of average volume). The stock has had a couple of great days, gaining 5.34% over the last week.

11. First Commonwealth Financial Corp. (NYSE:FCF):
Regional Banks Industry. Market cap of $602.18M. Earnings to be released on 7/27. Dividend yield at 2.09%, payout ratio at 14.25%. Current year dividend per share estimate at $0.12 vs. TTM dividend per share at $0.06. The stock is a short squeeze candidate, with a short float at 6.06% (equivalent to 12.51 days of average volume). The stock has gained 11.67% over the last year.

12. Omnicom Group Inc. (NYSE:OMC): Advertising Agencies Industry. Market cap of $13.54B. Earnings to be released on 7/18. Dividend yield at 2.08%, payout ratio at 28.90%. Current year dividend per share estimate at $0.99 vs. TTM dividend per share at $0.85. The stock has gained 43.21% over the last year.

13. The Bank of New York Mellon Corporation (NYSE:BK): Asset Management Industry. Market cap of $31.81B. Earnings to be released on 7/18. Dividend yield at 2.03%, payout ratio at 16.99%. Current year dividend per share estimate at $0.50 vs. TTM dividend per share at $0.36. Might be undervalued at current levels, with a PEG ratio at 0.92, and P/FCF ratio at 12.77. The stock has gained 4.91% over the last year.

14. Newell Rubbermaid Inc. (NYSE:NWL): Housewares & Accessories Industry. Market cap of $4.88B. Earnings to be released on 7/25. Dividend yield at 2.03%, payout ratio at 18.54%. Current year dividend per share estimate at $0.27 vs. TTM dividend per share at $0.20. The stock has gained 9.97% over the last year.

*Dividend data sourced from Screener.co, dividend yield and all other data sourced from Finviz.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.