@Robert Allan Schwartz: With no debt and tiny FCF payout the company could easily increase the level of dividends paid.
@greg.stanford: You are correct the math does not work. I pulled the 22 years from David Fish's Dividend Champions spreadsheet. Another of my sources shows 16 years of increase, which I believe is correct in this instance. Thanks for pointing this out.
All: Don't forget to read the last paragraph, which states in part:
"The above quantitative stock analysis, including the Star rating, is mechanically calculated and is based on historical information. The analysis assumes the stock will perform in the future as it has in the past. This is generally never true."
I find it better to have a set baseline calculation and then question the data that goes into the baseline calculation. In this case, I don't think WAG will be in a position to grow its dividend in the future as fast as it has in the past.
The yield is not a current yield, but a current "year" yield which includes dividends paid at lower levels prior to the current increase.
Dividend Income Progress Update - August 2012 [View instapost]
kolpin: I have an elaborate trending model where I take past results and model them into the future. I then make adjustments for known changes. So far I have tracked fairly close to my model. Though, at the current rate, I should hit my 2017 goal in 2015.
Illinois Tool Works Inc.: Dividend Stock Analysis [View article]
Toasty54: SA only picks up select articles from my site (http://bit.ly/NBrdGu). As SA has grown and the Dividend & Income contributors have grown, SA picks up fewer of my articles.
As for a weekly YouTube analysis, I am pretty stretched as it is now. I don't want to cut into my analysis time. :)
Illinois Tool Works Inc.: Dividend Stock Analysis [View article]
Mr. Armistead: The $41.33 is what ITW is worth to me at the current dividend and dividend growth rate.
I don't spend much time on the P&L but focus my attention on the cash flow statement and balance sheet (too many "junk" accounting standards have made the P&L earnings questionable).
Generally, when a stock is in the position of ITW, it doesn't become a buy by dropping down to my price, but instead by increasing its dividend and dividend growth rate and raising my price.
Illinois Tool Works Inc.: Dividend Stock Analysis [View article]
Bruce7b: Welcome to the Dividend & Income section. It took me a moment to figure out what you were talking about. Most dividend growth investors do not sell a stock just because it is overvalued - we just don't add to our position. Forever, is our preferred holding period.
I sometime forget other types of investors see this differently and trade more frequently. Here is a link that describes when I sell a stock:
Emerson Electric Has Raised Its Dividend For 56 Consecutive Years [View article]
Best Wishes,
D4L
PepsiCo Inc.: Dividend Stock Analysis [View article]
Thanks for pointing it out.
Best Wishes,
D4L
5 Dividend Stocks To Buy And Hold, Not Buy And Forget [View article]
Best Wishes,
D4L
Erie Indemnity Company: Dividend Stock Analysis [View article]
It won't be the last time I was wrong. :)
BTW, your website is really good! I've added it as one of my sources.
Best Wishes,
D4L
Erie Indemnity Company: Dividend Stock Analysis [View article]
@greg.stanford: You are correct the math does not work. I pulled the 22 years from David Fish's Dividend Champions spreadsheet. Another of my sources shows 16 years of increase, which I believe is correct in this instance. Thanks for pointing this out.
@heglimp: Thanks for the kind words.
Best Wishes,
D4L
10 Dividend Stocks That Balance Yield And Growth [View article]
http://bit.ly/SY0GD9
Best Wishes,
D4L
How To Profit From Real Estate With No Stopped Up Toilet Calls [View article]
The article discusses what a REIT is then says:
"Below are three REITs yielding over 7% that have recently increased their cash dividends to shareholders:"
It then list 3 REITS: Hospitality Properties Trust (HPT), Select Income REIT (http://bit.ly/nbBtW4) and Senior Housing Properties Trust (http://bit.ly/oGJRNo).
It then says:
"Below are several other companies that have recently increased their cash dividends to shareholders:"
Then lists the companies you described above.
Again, sorry for the confusion.
Best Wishes,
D4L
Walgreen: Dividend Stock Analysis [View article]
"The above quantitative stock analysis, including the Star rating, is mechanically calculated and is based on historical information. The analysis assumes the stock will perform in the future as it has in the past. This is generally never true."
I find it better to have a set baseline calculation and then question the data that goes into the baseline calculation. In this case, I don't think WAG will be in a position to grow its dividend in the future as fast as it has in the past.
The yield is not a current yield, but a current "year" yield which includes dividends paid at lower levels prior to the current increase.
Best Wishes,
D4L
Dividend Income Progress Update - September 2012 [View instapost]
Best Wishes,
D4L
Dividend Income Progress Update - August 2012 [View instapost]
Best Wishes,
D4L
Illinois Tool Works Inc.: Dividend Stock Analysis [View article]
As for a weekly YouTube analysis, I am pretty stretched as it is now. I don't want to cut into my analysis time. :)
Best Wishes,
D4L
Illinois Tool Works Inc.: Dividend Stock Analysis [View article]
I don't spend much time on the P&L but focus my attention on the cash flow statement and balance sheet (too many "junk" accounting standards have made the P&L earnings questionable).
Generally, when a stock is in the position of ITW, it doesn't become a buy by dropping down to my price, but instead by increasing its dividend and dividend growth rate and raising my price.
Best Wishes,
D4L
Illinois Tool Works Inc.: Dividend Stock Analysis [View article]
I sometime forget other types of investors see this differently and trade more frequently. Here is a link that describes when I sell a stock:
http://bit.ly/z29I5r
I cant speak for other dividend growth investors, but I have found most follow a similar methodology.
Best Wishes,
D4L
Air Products and Chemicals Inc. Dividend Stock Analysis [View article]
Best Wishes,
D4L
ConocoPhillips: Dividend Stock Analysis [View article]
At the time of this writing, I was long in COP (4.3% of my Dividend Growth Portfolio).
D4L