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If you're hesitant about the recent market rally, or perhaps believe in the September stock market drop off, you're probably on the lookout for stocks to hedge a financial storm. Are you also looking for dividend stocks? Boy have we got a list for you:

First, consider the VIX index. The VIX indexes the volatility of all of the stocks in the S&P 500. That means if the S&P 500 is highly volatile, the VIX index climbs. We ran a screen to see which stocks perform well in times of high volatility, with a high positive correlation to the VIX index. That means if the S&P 500 is highly volatile, the VIX index climbs, and these correlated stocks tend to climb with it. Put another way, the stocks below tend to rise (increase in share value) along with volatility.

Now for the dividends: While many stocks offer dividend yields, they don't all have a stellar history of paying them out through good times and bad. So to find the more reliable payers we turned to the DRiP Investing Resource Center list of "dividend Champions" - or stocks that have consecutively paid and raised yields for 20+ years. This consistency boosts investor confidence in future payments.

Business Section: Investing Ideas

We were left with 4 stocks. As a recap: These dividend champions are positively correlated to volatility, and may help investors hedge a drop-off in the market.

Use this list as a starting point for your own analysis. List Average 1-Year Return: 11%

Interactive Chart: Compare changes in dividend yield for the names listed below.

1. Archer Daniels Midland Company (NYSE:ADM): Procures, transports, stores, processes, and merchandises agricultural commodities and products in the United States and internationally. Market cap at $17.47B, most recent closing price at $26.53. Has been raising dividends for 36 consecutive years to a current yield of 2.68%. Correlation with the VIX index at 0.807 over the last 60 days.

2. Family Dollar Stores Inc. (NYSE:FDO): Operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States. Market cap at $7.52B, most recent closing price at $64.38. Has been raising dividends for 36 consecutive years to a current yield of 1.27%. Correlation with the VIX index at 0.501 over the last 60 days.

3. Mercury General Corporation (NYSE:MCY): Engages in writing private passenger and commercial automobile insurance in the United States. Market cap at $2.1B, most recent closing price at $38.19. Has been raising dividends for 25 consecutive years to a current yield of 6.73%. Correlation with the VIX index at 0.692 over the last 60 days.

4. Mine Safety Appliances Co. (NYSE:MSA): Develops, manufactures, and supplies health and safety products used by workers in the fire service, homeland security, construction, and other industries, as well as the military. Market cap at $1.29B, most recent closing price at $34.98. Has been raising dividends for 41 consecutive years to a current yield of 3.26%. Correlation with the VIX index at 0.52 over the last 60 days.

*Dividend data sourced from DRiP, price data sourced from Yahoo! Finance, 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. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Source: These 4 Dividend Champions May Rise If The Market Falls