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In economically difficult times, it makes sense to scout for investment opportunities with robust business models and sustainable dividends. Despite the uncertainty, many companies running well and still confident about the economic future. That’s the reason why they have raised dividends. With this thesis in mind, here are 16 stocks which have raised dividends within the recent week with a double-digit rate.

1. Aetna Inc. (NYSE:AET) has a market capitalization of $14.82 billion. The company employs 34,000 people, generates revenues of $34,246.00 million and has a net income of $1,766.80 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,932.90 million. Because of these figures, the EBITDA margin is 8.56 percent (operating margin 7.72 percent and the net profit margin finally 5.16 percent).

The total debt representing 11.61 percent of the company’s assets and the total debt in relation to the equity amounts to 44.31 percent. Due to the financial situation, the return on equity amounts to 18.22 percent. Finally, earnings per share amounts to $4.72, of which $0.04 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 16.7 percent.

Here are the price ratios of the company: The P/E ratio is 8.67, Price/Sales 0.44 and Price/Book ratio 1.62. Dividend Yield: 1.74 percent. The beta ratio is 1.24.

2. Ameriprise Financial (NYSE:AMP) has a market capitalization of $10.66 billion. The company employs 10,472 people, generates revenues of $10,046.00 million and has a net income of $1,260.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,097.00 million. Because of these figures, the EBITDA margin is 20.87 percent (operating margin 15.87 percent and the net profit margin finally 12.54 percent).

The total debt representing 6.29 percent of the company’s assets and the total debt in relation to the equity amounts to 76.91 percent. Due to the financial situation, the return on equity amounts to 10.97 percent. Finally, earnings per share amounts to $4.76, of which $0.71 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 21.7 percent.

Here are the price ratios of the company: The P/E ratio is 9.90, Price/Sales 1.09 and Price/Book ratio 1.11. Dividend Yield: 2.46 percent. The beta ratio is 1.95.

3. Balchem Corporation (NASDAQ:BCPC) has a market capitalization of $1.21 billion. The company employs 351 people, generates revenues of $255.07 million and has a net income of $33.28 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $58.33 million. Because of these figures, the EBITDA margin is 22.87 percent (operating margin 19.51 percent and the net profit margin finally 13.05 percent).

The total debt representing 2.15 percent of the company’s assets and the total debt in relation to the equity amounts to 2.62 percent. Due to the financial situation, the return on equity amounts to 19.89 percent. Finally, earnings per share amounts to $1.28, of which $0.15 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 20.0 percent.

Here are the price ratios of the company: The P/E ratio is 32.66, Price/Sales 4.81 and Price/Book ratio 6.49. Dividend Yield: 0.44 percent. The beta ratio is 0.81.

4. Baytex Energy (NYSE:BTE) has a market capitalization of $6.26 billion. The company employs 200 people, generates revenues of $816.41 million and has a net income of $226.65 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $323.69 million. Because of these figures, the EBITDA margin is 39.65 percent (operating margin 12.87 percent and the net profit margin finally 27.76 percent).

The total debt representing 20.00 percent of the company’s assets and the total debt in relation to the equity amounts to 40.56 percent. Due to the financial situation, the return on equity amounts to 21.82 percent. Finally, earnings per share amounts to $1.81, of which $2.13 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 10.0 percent.

Here are the price ratios of the company: The P/E ratio is 29.68, Price/Sales 7.80 and Price/Book ratio 5.67. Dividend Yield: 4.91 percent. The beta ratio is 1.58.

5. H&R Block (NYSE:HRB) has a market capitalization of $4.66 billion. The company employs 7,900 people, generates revenues of $3,774.30 million and has a net income of $419.40 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $787.27 million. Because of these figures, the EBITDA margin is 20.86 percent (operating margin 17.63 percent and the net profit margin finally 11.11 percent).

The total debt representing 20.70 percent of the company’s assets and the total debt in relation to the equity amounts to 74.38 percent. Due to the financial situation, the return on equity amounts to 28.95 percent. Finally, earnings per share amounts to $1.33, of which $0.60 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 33.3 percent.

Here are the price ratios of the company: The P/E ratio is 11.96, Price/Sales 1.21 and Price/Book ratio 3.28. Dividend Yield: 5.14 percent. The beta ratio is 0.66.

6. C.H. Robinson Worldwide (NASDAQ:CHRW) has a market capitalization of $11.24 billion. The company employs 8,120 people, generates revenues of $9,274.30 million and has a net income of $387.03 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $648.18 million. Because of these figures, the EBITDA margin is 6.99 percent (operating margin 6.72 percent and the net profit margin finally 4.17 percent).

The total debt representing 2.99 percent of the company’s assets and the total debt in relation to the equity amounts to 4.95 percent. Due to the financial situation, the return on equity amounts to 33.89 percent. Finally, earnings per share amounts to $2.57, of which $1.04 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 13.8 percent.

Here are the price ratios of the company: The P/E ratio is 26.59, Price/Sales 1.22 and Price/Book ratio 9.49. Dividend Yield: 1.72 percent. The beta ratio is 0.76.

7. Enbridge (NYSE:ENB) has a market capitalization of $28.07 billion. The company employs 6,357 people, generates revenues of $14,802.82 million and has a net income of $949.21 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,319.21 million. Because of these figures, the EBITDA margin is 15.67 percent (operating margin 9.96 percent and the net profit margin finally 6.41 percent).

The total debt representing 50.37 percent of the company’s assets and the total debt in relation to the equity amounts to 200.56 percent. Due to the financial situation, the return on equity amounts to 10.91 percent. Finally, earnings per share amounts to $1.18, of which $0.83 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 15.3 percent.

Here are the price ratios of the company: The P/E ratio is 30.43, Price/Sales 1.84 and Price/Book ratio 3.70. Dividend Yield: 3.16 percent. The beta ratio is 0.70.

8. Churchill Downs (NASDAQ:CHDN) has a market capitalization of $845.65 million. The company employs 2,000 people, generates revenues of $585.34 million and has a net income of $19.56 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $78.07 million. Because of these figures, the EBITDA margin is 13.34 percent (operating margin 5.39 percent and the net profit margin finally 3.34 percent).

The total debt representing 28.09 percent of the company’s assets and the total debt in relation to the equity amounts to 56.47 percent. Due to the financial situation, the return on equity amounts to 4.21 percent. Finally, earnings per share amounts to $3.10, of which $0.50 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 20.0 percent.

Here are the price ratios of the company: The P/E ratio is 15.87, Price/Sales 1.45 and Price/Book ratio 1.61. Dividend Yield: 1.27 percent. The beta ratio is 1.16.

9. Equity Residential (NYSE:EQR) has a market capitalization of $16.14 billion. The company employs 3,700 people, generates revenues of $1,995.52 million and has a net income of $-45.82 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,091.90 million. Because of these figures, the EBITDA margin is 54.72 percent (operating margin 21.81 percent and the net profit margin finally -2.30 percent).

The total debt representing 61.47 percent of the company’s assets and the total debt in relation to the equity amounts to 195.44 percent. Due to the financial situation, the return on equity amounts to -0.93 percent. Finally, earnings per share amounts to $-0.17, of which $1.47 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 68.1 percent.

Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 8.16 and Price/Book ratio 3.23. Dividend Yield: 4.24 percent. The beta ratio is 1.26.

10. General Electric Company (NYSE:GE) has a market capitalization of $177.79 billion. The company employs 300,000 people, generates revenues of $150,211.00 million and has a net income of $13,158.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $24,221.00 million. Because of these figures, the EBITDA margin is 16.12 percent (operating margin 9.46 percent and the net profit margin finally 8.76 percent).

The total debt representing 63.72 percent of the company’s assets and the total debt in relation to the equity amounts to 402.43 percent. Due to the financial situation, the return on equity amounts to 10.43 percent. Finally, earnings per share amounts to $1.22, of which $0.46 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 13.3 percent.

Here are the price ratios of the company: The P/E ratio is 13.83, Price/Sales 1.18 and Price/Book ratio 1.49. Dividend Yield: 3.68 percent. The beta ratio is 1.60.

11. Goldcorp (NYSE:GG) has a market capitalization of $40.75 billion. The company employs 3,140 people, generates revenues of $3,738.00 million and has a net income of $1,412.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,424.00 million. Because of these figures, the EBITDA margin is 38.10 percent (operating margin 37.88 percent and the net profit margin finally 37.77 percent).

The total debt representing 2.47 percent of the company’s assets and the total debt in relation to the equity amounts to 3.55 percent. Due to the financial situation, the return on equity amounts to 8.06 percent. Finally, earnings per share amounts to $2.26, of which $0.16 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 32.4 percent.

Here are the price ratios of the company: The P/E ratio is 22.22, Price/Sales 11.28 and Price/Book ratio 2.12. Dividend Yield: 1.07 percent. The beta ratio is 0.53.

12. Horace Mann Educators (NYSE:HMN) has a market capitalization of $542.65 million. The company employs 284 people, generates revenues of $974.71 million and has a net income of $80.86 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $353.15 million. Because of these figures, the EBITDA margin is 36.23 percent (operating margin 11.42 percent and the net profit margin finally 8.30 percent).

The total debt representing 3.39 percent of the company’s assets and the total debt in relation to the equity amounts to 27.01 percent. Due to the financial situation, the return on equity amounts to 10.11 percent. Finally, earnings per share amounts to $1.25, of which $0.35 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 18.2 percent.

Here are the price ratios of the company: The P/E ratio is 10.87, Price/Sales 0.55 and Price/Book ratio 0.60. Dividend Yield: 3.89 percent. The beta ratio is 1.36.

13. J&J Snack Foods (NASDAQ:JJSF) has a market capitalization of $1.01 billion. The company employs 3,100 people, generates revenues of $744.07 million and has a net income of $55.06 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $106.44 million. Because of these figures, the EBITDA margin is 14.31 percent (operating margin 10.29 percent and the net profit margin finally 7.40 percent).

The total debt representing 0.15 percent of the company’s assets and the total debt in relation to the equity amounts to 0.19 percent. Due to the financial situation, the return on equity amounts to 13.55 percent. Finally, earnings per share amounts to $2.93, of which $0.47 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 10.6 percent.

Here are the price ratios of the company: The P/E ratio is 18.46, Price/Sales 1.35 and Price/Book ratio 2.33. Dividend Yield: 1.00 percent. The beta ratio is 0.72.

14. SL Green Realty (NYSE:SLG) has a market capitalization of $5.84 billion. The company employs 1,027 people, generates revenues of $1,101.25 million and has a net income of $278.25 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $602.20 million. Because of these figures, the EBITDA margin is 54.68 percent (operating margin 9.92 percent and the net profit margin finally 25.27 percent).

The total debt representing 46.62 percent of the company’s assets and the total debt in relation to the equity amounts to 107.97 percent. Due to the financial situation, the return on equity amounts to 5.32 percent. Finally, earnings per share amounts to $6.89, of which $0.40 was paid in form of dividends to shareholders last fiscal. The company announced it will raise dividends by 150 percent.

Here are the price ratios of the company: The P/E ratio is 9.83, Price/Sales 5.34 and Price/Book ratio 1.19. Dividend Yield: 1.51 percent. The beta ratio is 2.40.

15. Stryker Corporation (NYSE:SYK) has a market capitalization of $18.31 billion. The company employs 20,036 people, generates revenues of $7,320.00 million and has a net income of $1,273.40 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,161.60 million. Because of these figures, the EBITDA margin is 29.53 percent (operating margin 23.93 percent and the net profit margin finally 17.40 percent).

The total debt representing 9.38 percent of the company’s assets and the total debt in relation to the equity amounts to 14.24 percent. Due to the financial situation, the return on equity amounts to 18.50 percent. Finally, earnings per share amounts to $3.15, of which $0.63 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 18.1 percent.

Here are the price ratios of the company: The P/E ratio is 15.18, Price/Sales 2.52 and Price/Book ratio 2.63. Dividend Yield: 1.80 percent. The beta ratio is 0.87.

16. The Valspar Corporation (NYSE:VAL) has a market capitalization of $3.46 billion. The company employs 10,180 people, generates revenues of $3,952.95 million and has a net income of $-138.60 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $-40.07 million. Because of these figures, the EBITDA margin is -1.01 percent (operating margin -1.01 percent and the net profit margin finally -3.51 percent).

The total debt representing 30.20 percent of the company’s assets and the total debt in relation to the equity amounts to 87.18 percent. Due to the financial situation, the return on equity amounts to -9.75 percent. Finally, earnings per share amounts to $-1.57, of which $0.80 was paid in form of dividends to shareholders last fiscal. The company announced it would raise dividends by 11.1 percent.

Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.85 and Price/Book ratio 2.77. Dividend Yield: 2.23 percent. The beta ratio is 0.87.

In total, 36 stocks and funds announced to raise dividends. The average growth amounted 16.27 percent. Here is the full table with Ex-Div Dates (click to enlarge):

Stocks And Funds With Positive Dividend Growth From Last Week (Click to enlarge)

Source: 16 Stocks With New Double-Digit Dividend Increases