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Do you like to rely on a particular stock's dividend income? If so, it's important to check that the company has healthy profits that can continue funding the dividend, otherwise the payout to shareholders may be in danger. With that idea in mind, we ran a screen.

For ideas on how to analyze a stock's dividend sustainability, we ran a screen on low-debt dividend stocks, with total debt/equity below 0.1, dividend yields above 1% and payout ratios below 50%.

We then screened these names for those with strong profitability compared to industry peers, with higher gross, operating, and pretax margins than their industry averages by at least 5% on each margin. This indicates that these companies are taking a greater percentage of their revenues as profits, and they also have stronger control over their cost structures.

(click to enlarge)

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

Tool provided by Kapitall (www.kapitall.com).

As a recap, these names have:

- Low debt: Total Debt / Equity ratio <.1

- Dividend yields between 1% and 7%, and sustainable payout ratios below 50%.

- Higher profit margins than their industry average

- Market caps above $300 million

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

1. First Republic Bank (NYSE:FRC): Provides private banking, private business banking, investment management, brokerage, trust services, and real estate lending services in California, Nevada, and New York. Market cap at $4.28B, most recent closing price at $33.08. Dividend yield: 1.21%. Payout ratio: 0%. Total Debt/Equity: 0.04. TTM gross margin at 86.8% vs. industry average at 72.81%. TTM operating margin at 57.52% vs. industry average at 42.85%. TTM pretax margin at 40.34% vs. industry average at 23.42%.

2. QUALCOMM Incorporated (NASDAQ:QCOM): Engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. Market cap at $106.36B, most recent closing price at $62.44. Dividend yield: 1.57%. Payout ratio: 29.96%. Total Debt/Equity: 0.03. TTM gross margin at 68.54% vs. industry average at 60.83%. TTM operating margin at 31.58% vs. industry average at 19.92%. TTM pretax margin at 34.63% vs. industry average at 20.79%.

3. Fastenal Company (NASDAQ:FAST): The Company Is Engaged As A Wholesaler And Retailer Of Industrial And Construction Supplies. Market cap at $12.64B, most recent closing price at $42.68. Dividend yield: 1.77%. Payout ratio: 45.46%. Total Debt/Equity: 0. TTM gross margin at 53.13% vs. industry average at 38.44%. TTM operating margin at 21.2% vs. industry average at 14.91%. TTM pretax margin at 21.22% vs. industry average at 13.11%.

4. BankUnited, Inc. (NYSE:BKU): Operates as the holding company for BankUnited that provides various banking products and services to consumers, and commercial and middle-market businesses. Market cap at $2.33B, most recent closing price at $24.73. Dividend yield: 2.74%. Payout ratio: 36.4%. Total Debt/Equity: 0.03. TTM gross margin at 80.93% vs. industry average at 73.59%. TTM operating margin at 51.63% vs. industry average at 39.97%. TTM pretax margin at 40.49% vs. industry average at 24.02%.

5. Provident Financial Services, Inc. (NYSE:PFS): Operates as the holding company for The Provident Bank that provides banking services to individuals, families, and businesses in New Jersey. Market cap at $960.44M, most recent closing price at $15.97. Dividend yield: 3.25%. Payout ratio: 43.33%. Total Debt/Equity: 0. TTM gross margin at 76.18% vs. industry average at 63.3%. TTM operating margin at 40.88% vs. industry average at 35.11%. TTM pretax margin at 28.98% vs. industry average at 18.51%.

* Profitability data sourced from Fidelity, all other data sourced from Finviz.

Source: 5 Low Debt Dividend Stocks With Strong Profitability