Industrial dividend stocks with highest performance year-to-date originally published at long-term-investments.blogspot.com. Warren Buffett likes industrials, not as much as consumer or healthcare stocks, but he owns a few players from the sector. I personally own some good names from the Dividend Champions list and be happy that I have purchased them a few years before.
Today I would like to screen the investment sector by the best performing dividend stocks since the beginning of the year. Below is a detailed view on cheapest results.
The 20 industrial dividend stocks with highest year-to-date performance generated a return between 37.67 percent and 129.11. Small and mid-cap stocks are the performance driver of the year. 13 of the results have a market capitalization below USD 2 billion.
The whole sector is up 13.8 percent over the recent six month, the third best value on the capital market. I believe that stocks with a good stock performance are healthy. Capital investors are confident about the future prospects of the company and they like to pay a higher price to participate on the future of the business.
Not all of the best performing stocks are now expensive. 13 of the results have a low forward P/E and 10 are currently recommended to buy.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 24.38 and forward P/E ratio is 15.11. The dividend yield has a value of 1.53 percent. Price to book ratio is 3.73 and price to sales ratio 1.29. The operating margin amounts to 9.35 percent and the beta ratio is 1.54. Stocks from the list have an average debt to equity ratio of 0.98.
Related stock ticker symbols:
CCIX, AAON, GHM, HDNG, AIN, B, PRIM, BA, MPR, ATK, KUB, MWA, HII, AIMC, CR, ENS, CCF, CECE, LXFR, WOR