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Interested in earning some dividend income? For ideas on where to look, here's a screen you may be interested in.

Accounts receivable is the portion of revenue purchased on credit - these sales have not yet been received in cash, and there's no guarantee that it will be received in full. Therefore, the higher the proportion of accounts receivable relative to revenue, the lower the quality of revenue.

We ran a screen on stocks paying dividend yields above 1% and sustainable payout ratios below 50% for those with encouraging trends in accounts receivable relative to revenue. We screened for those with growth in revenue exceeding growth in accounts receivable, as well as accounts receivable comprising a smaller portion of current assets year over year.

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

We also 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 stocks pay reliable dividends? Use this list as a starting point for your own analysis.

List sorted by dividend yield.

1. Target Corp. (NYSE:TGT): Operates general merchandise stores in the United States. Dividend yield at 2.31%, payout ratio at 25.21%. Revenue grew by 5.11% during the most recent quarter ($16,402M vs. $15,605M y/y). Accounts receivable grew by -4.06% during the same time period ($5,713M vs. $5,955M y/y). Receivables, as a percentage of current assets, decreased from 32.46% to 31.1% during the most recent quarter (comparing 13 weeks ending 2011-10-29 to 13 weeks ending 2010-10-30).

2. Becton, Dickinson and Company (NYSE:BDX): Develops, manufactures, and sells medical devices, instrument systems, and reagents worldwide. Dividend yield at 2.24%, payout ratio at 28.27%. Revenue grew by 9.48% during the most recent quarter ($2,050.8M vs. $1,873.19M y/y). Accounts receivable grew by 1.93% during the same time period ($1,228.64M vs. $1,205.38M y/y). Receivables, as a percentage of current assets, decreased from 26.76% to 26.32% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).

3. Brady Corp. (NYSE:BRC): Manufactures and markets identification solutions and specialty products that identify and protect premises, products, and people. Dividend yield at 2.17%, payout ratio at 33.28%. Revenue grew by 6.04% during the most recent quarter ($349.51M vs. $329.59M y/y). Accounts receivable grew by -3.87% during the same time period ($232.84M vs. $242.21M y/y). Receivables, as a percentage of current assets, decreased from 34.23% to 30.79% during the most recent quarter (comparing 3 months ending 2011-10-31 to 3 months ending 2010-10-31).

4. Gorman-Rupp Co. (NYSEMKT:GRC): Designs, manufactures, and sells pumps and related fluid control products worldwide. Dividend yield at 1.06%, payout ratio at 21.90%. Revenue grew by 22% during the most recent quarter ($90.22M vs. $73.95M y/y). Accounts receivable grew by 10.48% during the same time period ($54.84M vs. $49.64M y/y). Receivables, as a percentage of current assets, decreased from 36.35% to 34.48% during the most recent quarter (comparing 3 months ending 2011-09-30 to 3 months ending 2010-09-30).

5. Raven Industries Inc. (NASDAQ:RAVN): Manufactures products for industrial, agricultural, construction, and military/aerospace markets in North America. Dividend yield at 1.06%, payout ratio at 26.95%. Revenue grew by 8.72% during the most recent quarter ($93.3M vs. $85.82M y/y). Accounts receivable grew by 3.96% during the same time period ($50.66M vs. $48.73M y/y). Receivables, as a percentage of current assets, decreased from 40.1% to 33.93% during the most recent quarter (comparing 3 months ending 2011-10-31 to 3 months ending 2010-10-31).

6. Nordson Corporation (NASDAQ:NDSN): Manufactures equipment used for precision dispensing, testing and inspection, and surface preparation and curing. Dividend yield at 1.03%, payout ratio at 13.42%. Revenue grew by 14.07% during the most recent quarter ($331.02M vs. $290.18M y/y). Accounts receivable grew by 4.32% during the same time period ($254.31M vs. $243.79M y/y). Receivables, as a percentage of current assets, decreased from 54.05% to 53.32% during the most recent quarter (comparing 13 weeks ending 2011-10-31 to 13 weeks ending 2010-10-31).

Accounting data sourced from Yahoo Finance; all other data sourced from Finviz.

Source: 6 Dividend Champs With Strong Receivable Trends