Best Of The Best: Dividend Champions With Stellar Records Of Consecutive Dividend Increases - Part II

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 |  Includes: BKH, CBSH, CTWS, FUL, SCL, SYY
by: Tactical Investor

<< Return to Part 1

This is part II of the dividend champion series. Only stocks with a payment history of 40 years or more were examined. In addition almost all the stocks examined increased their dividends consecutively for 25 years or more; in most cases, they increased their dividends consecutively for 40 years or more. In part I, we examined 8 stocks that increased dividends consecutively for at least 27 years. In the next article on this series, I will focus on stocks with histories of consecutively increasing their dividend payments for 44 years or more, and the final article will focus on champions with histories of consecutive dividend increases of 50 years or more.

In a recent article Forbes stated that utilities hold up best in battered markets; Connecticut Water Service, Inc (NASDAQ:CTWS) is from this sector, but it also pays a dividend.
Detailed information on each of the 5 stocks covered is provided below, but here is some additional information.
Commerce Bancshares, Inc. (NASDAQ:CBSH) has a very low and sustainable dividend payout ratio, and it is also generating a lot of cash. Total cash flow from operating activities was $671.17 million and dividends paid out $78.23 million. As dividend payout ratio low and cash flow are high, it has plenty of room left in terms of increasing its dividends.
Insiders hold a very healthy 24.63% of the float in Stepan Co. (NYSE:SCL), which serves as a strong indication of support. Insiders are not going to hold onto shares if they feel the company is going to perform weakly.
Black Hills Corporation (NYSE:BKH) has a high short ratio (18.9%), and this makes it a perfect candidate for a short squeeze.
H.B. Fuller Company (NYSE:FUL) has been paying dividends since 1953 (58 years) and has a very low payout ratio.
CTWS has a fairly high short interest ratio, which makes it a good candidate for a short squeeze. Its quarterly earnings growth year-over-year rate is 50.10%; a very strong and healthy number.
Stock
Yield
Debt to Equity ratio
Market Cap
PE
Total Cash
Operating margins
Revenue
Cash flow
Consecutive Dividend
Increases
2.4
5
3.5B
13.1
1.7B
39.59
988M
771M
42
1.4
48
757M
9.9
25.6M
6.7%
1.63B
31.83M
43
4
53
15.65B
12
639M
4.91%
39.32B
1.09B
40
4.6
141
1.26B
14.2
88M
14.2
1.3B
185.7M
40
1.5
28
942M
9.2
149M
8.16
1.48B
108.9M
43
3.5
118
233M
20
824K
33.8%
73.05M
23.2M
40
Click to enlarge
Commerce Bancshares, Inc. (CBSH)
Additional Info
  • % Shares Held by Institutions: 56.1
  • % Held by Insiders : 4.51
  • Short % of Float: 4.2
  • ROE : 12.08%
  • Book Value : 24.49
  • Forward Dividend: 2.5
  • Dividend Yield 5-year Avg: 2.5
  • Dividend Growth Rate 5-year Avg 2.93
  • Dividend Payout Ratio: 32
  • Dividend 5-year Payout Ratio 38
  • Qtrly Earnings Growth year-over-year (y-o-y): 15.6
  • Forward Annual Dividend Rate: 0.92
  • Beta .54
Black Hills Corporation (BKH)
Additional Info
  • % Shares Held by Institutions: 6.68
  • % Held by Insiders : 70.8
  • Short % of Float: 18.9
  • ROE : 7.3%
  • Book Value : 28.10
  • Forward Dividend: 4.6
  • Dividend Yield 5-year Avg: 4.7
  • Dividend Growth Rate 5-year Avg 2.13
  • Dividend Payout Ratio: 70
  • Qtrly Earnings Growth (y-o-y): --
  • Forward Annual Dividend Rate: 1.46
  • Beta 0.98
Fuller (H.B.) Company (FUL)
Additional Info
  • % Shares Held by Institutions: 0.33
  • % Held by Insiders : 83.10
  • Short % of Float: 4.3
  • ROE : 12.43
  • Book Value : 15.23
  • Forward Dividend: 1.6
  • Dividend Yield 5-year Avg: 1.4
  • Dividend Growth Rate 5-year Avg 3.58
  • Dividend Payout Ratio: 17
  • Dividend 5-year Payout Ratio 25
  • Qtrly Earnings Growth (y-o-y): 22.4
  • Forward Annual Dividend Rate: 0.30
  • Beta 1.27
Stepan Co. (SCL)
Additional Info
  • % Shares Held by Institutions: 24.63
  • % Held by Insiders : 62.03
  • Short % of Float: 4.98
  • ROE : 18.8
  • Book Value : 37.8
  • Forward Dividend: 1.5
  • Dividend Yield 5-year Avg: 1.8
  • Dividend Growth Rate 5-year Avg 5.43
  • Dividend Payout Ratio: 17
  • Dividend 5-year Payout Ratio 36
  • Qtrly Earnings Growth (y-o-y): 22.04
  • Forward Annual Dividend Rate: 1.04
  • Beta 1.44
Sysco Corp. (NYSE:SYY)
Additional Info
  • % Shares Held by Institutions: 73.7%
  • % Held by Insiders : 0.19%
  • Short % of Float: 2.36
  • ROE : 27
  • Book Value : 7.95
  • Forward Dividend: 4.00
  • Dividend Yield 5-year Avg: 3.4
  • Dividend Growth Rate 5-year Avg 8.9%
  • Dividend Payout Ratio: 53%
  • Dividend 5-year Payout Ratio 50
  • Qtrly Earnings Growth (y-o-y): -0.4
  • Forward Annual Dividend Rate: 1.04
  • Beta .69
Connecticut Water Service, Inc (CTWS)
Additional Info
  • % Shares Held by Institutions: 0.91
  • % Held by Insiders : 33.2
  • Short % of Float: 11.8
  • ROE : 10.74
  • Book Value : 13.27
  • Forward Dividend: 3.5
  • Dividend Yield 5-year Avg: 3.7
  • Dividend Growth Rate 5-year Avg 1.87
  • Dividend payout ratio: 66
  • Dividend 5-year Payout Ratio --
  • Qtrly Earnings Growth (y-o-y): 50.10
  • Forward Annual Dividend Rate: .95
  • Beta 0.58


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