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Do you like to be able to rely on a stock's dividend income? If so, one idea is to consider a stock's sales trends, since sales ultimately finance the stock's dividend. To illustrate, we ran a screen.

We began by screening the S&P 500 for stocks paying dividend yields above 2% and sustainable payout ratios below 50%.

We then screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall (kapitall.com).

Do you think these stocks pay reliable dividends? Use this list as a starting point for your own analysis.

List sorted by increase in revenue over the last year.

1. Boeing Co. (BA): Engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Market cap at $53.57B, most recent closing price at $71.52. Dividend yield at 2.46%, payout ratio at 29.45%. Revenue grew by 30% during the most recent quarter ($19,383M vs. $14,910M y/y). Accounts receivable grew by 8.89% during the same time period ($6,847M vs. $6,288M y/y). Receivables, as a percentage of current assets, decreased from 15.33% to 13.66% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

2. Caterpillar Inc. (CAT): Manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Market cap at $52.03B, most recent closing price at $79.74. Dividend yield at 2.61%, payout ratio at 22.56%. Revenue grew by 23.41% during the most recent quarter ($15,981M vs. $12,949M y/y). Accounts receivable grew by 5.86% during the same time period ($18,301M vs. $17,288M y/y). Receivables, as a percentage of current assets, decreased from 49.95% to 45.51% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

3. Comcast Corporation (CMCSA): Provides entertainment, information, and communications products and services in the United States and internationally. Market cap at $85.55B, most recent closing price at $31.73. Dividend yield at 2.05%, payout ratio at 29.88%. Revenue grew by 22.67% during the most recent quarter ($14,878M vs. $12,128M y/y). Accounts receivable grew by 18.1% during the same time period ($4,379M vs. $3,708M y/y). Receivables, as a percentage of current assets, decreased from 49.13% to 46.81% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

4. Nordstrom Inc. (JWN): Offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. Market cap at $10.54B, most recent closing price at $50.69. Dividend yield at 2.13%, payout ratio at 29.55%. Revenue grew by 13.17% during the most recent quarter ($2,629M vs. $2,323M y/y). Accounts receivable grew by 1.98% during the same time period ($2,008M vs. $1,969M y/y). Receivables, as a percentage of current assets, decreased from 40.57% to 37.74% during the most recent quarter (comparing 13 weeks ending 2012-04-28 to 13 weeks ending 2011-04-30).

5. Murphy Oil Corporation (MUR): Engages in the exploration and production of oil and gas properties worldwide. Market cap at $9.69B, most recent closing price at $49.92. Dividend yield at 2.20%, payout ratio at 26.88%. Revenue grew by 11.53% during the most recent quarter ($6,994.52M vs. $6,271.67M y/y). Accounts receivable grew by -20.09% during the same time period ($1,485.06M vs. $1,858.53M y/y). Receivables, as a percentage of current assets, decreased from 47.39% to 39.03% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

6. Occidental Petroleum Corporation (OXY): Operates as an oil and gas exploration and production company primarily in the United States. Market cap at $68.59B, most recent closing price at $84.57. Dividend yield at 2.55%, payout ratio at 22.97%. Revenue grew by 8.72% during the most recent quarter ($6,283M vs. $5,779M y/y). Accounts receivable grew by -6.01% during the same time period ($6,586M vs. $7,007M y/y). Receivables, as a percentage of current assets, decreased from 66.16% to 54.94% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

7. Accenture plc (ACN): Operates as a management consulting, technology services, and outsourcing company. Market cap at $39.58B, most recent closing price at $57.13. Dividend yield at 2.36%, payout ratio at 35.43%. Revenue grew by 6.06% during the most recent quarter ($7,640.79M vs. $7,204.35M y/y). Accounts receivable grew by -0.36% during the same time period ($4,679.44M vs. $4,696.16M y/y). Receivables, as a percentage of current assets, decreased from 42.13% to 40.84% during the most recent quarter (comparing 3 months ending 2012-05-31 to 3 months ending 2011-05-31).

8. Archer Daniels Midland Company (ADM): Procures, transports, stores, processes, and merchandises agricultural commodities and products in the United States and internationally. Market cap at $18.21B, most recent closing price at $27.66. Dividend yield at 2.53%, payout ratio at 33.41%. Revenue grew by 5.37% during the most recent quarter ($21,155M vs. $20,077M y/y). Accounts receivable grew by -70.48% during the same time period ($3,078M vs. $10,428M y/y). Receivables, as a percentage of current assets, decreased from 35.65% to 11.31% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

9. Eastman Chemical Co. (EMN): Engages in the manufacture and sale of chemicals, plastics, and fibers in the United States and internationally. Market cap at $6.55B, most recent closing price at $47.47. Dividend yield at 2.19%, payout ratio at 22.24%. Revenue grew by 3.58% during the most recent quarter ($1,821M vs. $1,758M y/y). Accounts receivable grew by -9.01% during the same time period ($808M vs. $888M y/y). Receivables, as a percentage of current assets, decreased from 36.48% to 35.69% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

10. Baxter International Inc. (BAX): Develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. Market cap at $29.72B, most recent closing price at $53.97. Dividend yield at 2.48%, payout ratio at 32.29%. Revenue grew by 3.17% during the most recent quarter ($3,388M vs. $3,284M y/y). Accounts receivable grew by -2.42% during the same time period ($2,341M vs. $2,399M y/y). Receivables, as a percentage of current assets, decreased from 30.91% to 28.84% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

*Accounting data sourced from Google Finance, all other data sourced from Finviz.

Source: 10 S&P 500 Dividend Stocks With Encouraging Receivable Trends