The information presented below was created based on combining the "U.S. Dividend Champion" spreadsheet compiled by David Fish hosted here with upcoming dividend information from the NASDAQ. This meshes metrics about companies with dividend growth history with upcoming dividend payments (and whether those payments are increasing). These lists highlight the companies with a minimum 5-year dividend growth history.
There are companies that for various reasons do not appear in the more storied "Dividend Aristocrats" list. The list here is more exhaustive and may contain companies that otherwise may fly below the radar.
Lastly, the ex-dividend date is the day you are no longer entitled to the dividend or distribution. You need to have made your purchase by the preceding business day. If the date is a Tuesday, you need to have purchased (or already owned) shares by market close on Monday. Be aware that for any stock going ex-dividend on a Monday (or Tuesday if Monday may be a holiday), you must own it by the prior Friday.
Why Should I Care?
The old adage is that "trees don't grow to the sky" and neither do dividend yields. What these lists provide is an opportunity for an investor to buy more shares prior to an upcoming ex-dividend date if they so desire. An astute investor could start a position or increase their position size prior to the market readjusting to the new and higher dividend rate.
It is of my opinion that the dividend increase is the most outward sign by management as to how business is going. There are many great businesses that have provided generous raises year after year, and historical stock charts will show how the market has reacted. I've used these lists several times already for some of my own purchases, so I have been "eating my own dog food".
I do want to point out I'm not suggesting a short-term dividend capture strategy. If you are looking to own shares short term, be aware you may be on the hook for a tax for the dividend.
Dividend Streak Categories
Here are the definitions of the streak categories as I'll be using them throughout the piece.
- King: 50+ years
- Champion/Aristocrat: 25+ years
- Contender: 10-24 years
- Challenger: 5+ years
The Main List
The data is sorted by the day (ascending) and then the streak (descending).
|Name||Ticker||Streak||Current Yield||Ex-Div Date||Increase Percent||Streak Category|
|WGL Holdings, Inc. Common Stock||(WGL)||43||2.42||4/9/2018||0.98%||Champion|
|General Mills, Inc.||(GIS)||14||4.32||4/9/2018||Contender|
|Verizon Communications, Inc.||(VZ)||13||4.92||4/9/2018||Contender|
|OGE Energy Corporation||(OGE)||11||4.12||4/9/2018||Contender|
|Lincoln National Corporation||(LNC)||8||1.85||4/9/2018||Challenger|
|Marsh & McLennan Companies, Inc.||(MMC)||8||1.83||4/9/2018||Challenger|
|Glacier Bancorp, Inc.||(GBCI)||7||2.19||4/9/2018||9.52%||Challenger|
|Manhattan Bridge Capital, Inc.||(LOAN)||6||6.21||4/9/2018||9.09%||Challenger|
|Mackinac Financial Corporation||(MFNC)||5||2.97||4/9/2018||Challenger|
|American Tower Corporation (REIT)||(AMT)||9||1.96||4/10/2018||7.14%||Challenger|
|Ethan Allen Interiors, Inc.||(ETH)||7||3.28||4/10/2018||Challenger|
|Accenture plc Class A Ordinary Shares (Ireland)||(ACN)||13||1.77||4/11/2018||Contender|
|Johnson Outdoors, Inc. - Class A Common Stock||(JOUT)||6||0.62||4/11/2018||20.00%||Challenger|
|Pentair plc. Ordinary Share||(PNR)||42||2||4/12/2018||Champion|
|General Dynamics Corporation||(GD)||27||1.54||4/12/2018||10.71%||Champion|
|Norwood Financial Corp.||(NWFL)||19||3.01||4/12/2018||Contender|
|Cracker Barrel Old Country Store, Inc.||(CBRL)||15||2.94||4/12/2018||Contender|
|Patterson Companies, Inc.||(PDCO)||8||4.72||4/12/2018||Challenger|
|Mid-America Apartment Communities, Inc.||(MAA)||8||3.99||4/12/2018||Challenger|
|Trinity Industries, Inc.||(TRN)||7||1.61||4/12/2018||Challenger|
|Hormel Foods Corporation||(HRL)||52||2.09||4/13/2018||King|
|RGC Resources Inc.||(RGCO)||15||2.53||4/13/2018||Contender|
|Quaker Chemical Corporation||(KWR)||10||0.95||4/13/2018||Contender|
|Saul Centers, Inc.||(BFS)||5||4.07||4/13/2018||Challenger|
|Children's Place, Inc. (The)||(PLCE)||5||1.19||4/13/2018||25.00%||Challenger|
Streak: This is years of dividend growth history sourced from the U.S. Dividend Champions spreadsheet. Here are some definitions to clarify the fields.
Current Yield: This is a snapshot of roughly what the current yield is as of the time of writing. This is not a forward yield if the company in question has raised its dividend.
Ex-Dividend Date: This is the date you need to own the stock by.
Increase Percent: If the payment amount is being increased in this payment, this is the size of that increase.
Streak Category: Lastly, this is the overall dividend history classification of the company.
Here are some additional metrics related to these companies, including yearly pricing action and the PE ratio. This table is sorted in exactly the same way as the table above. The value investor may find stock ideas with those companies near their 52-week low.
|Ticker||Current Price||52 Week Low||52 Week High||PE Ratio||% Off Low||% Off High|
|WGL||84.45||80.91||86.89||15.96||3% Off Low||3% Off High|
|GIS||45.37||43.84||60.69||12.13||0% Off Low||25% Off High|
|VZ||47.93||42.8||54.77||6.51||10% Off Low||12% Off High|
|OGE||32.27||29.59||37.32||10.41||8% Off Low||12% Off High|
|LNC||71.23||62.67||86.68||7.69||10% Off Low||17% Off High|
|MMC||81.97||71.79||86.54||28.56||12% Off Low||6% Off High|
|INTU||173.05||115.56||179.3||47.44||45% Off Low||3% Off High|
|GBCI||38.34||31.11||41.24||25.56||20% Off Low||8% Off High|
|LOAN||7.08||4.65||7.2||16.85||49% Off Low||1% Off High|
|BANR||55.94||51.16||62.75||30.4||6% Off Low||12% Off High|
|MFNC||16.14||13.16||16.8||18.13||23% Off Low||3% Off High|
|RTN||216.99||149.7||222.82||31.25||41% Off Low||4% Off High|
|AMT||143.05||120.44||155.28||53.55||16% Off Low||8% Off High|
|ETH||23.15||22.03||32.77||17.67||2% Off Low||30% Off High|
|ACN||150||114.82||165.58||26.36||27% Off Low||10% Off High|
|JOUT||64.29||32.98||76.18||20.38||83% Off Low||18% Off High|
|KAI||95.03||57.55||114||34.43||61% Off Low||18% Off High|
|PNR||69.89||59.13||74.84||26.41||15% Off Low||7% Off High|
|GD||218.54||185.64||230||22.89||15% Off Low||5% Off High|
|NWFL||29.24||24.33||35.72||22.26||19% Off Low||14% Off High|
|CBRL||163.09||141.75||179.12||16.49||13% Off Low||9% Off High|
|PDCO||22.02||21.09||48.3||8.5||1% Off Low||55% Off High|
|MAA||92.5||85.16||110.95||32.34||6% Off Low||17% Off High|
|GGP||20.57||18.83||24.37||30.25||8% Off Low||16% Off High|
|TRN||32.32||25.05||38.25||7.21||26% Off Low||16% Off High|
|ABBV||92.94||63.12||125.86||28.24||41% Off Low||26% Off High|
|ABT||59.46||42.31||64.6||220.96||36% Off Low||8% Off High|
|SNX||99.6||96.06||141.94||15.16||1% Off Low||30% Off High|
|HRL||35.87||29.75||38||21.09||14% Off Low||4% Off High|
|MGRC||53.65||32.09||55.65||8.48||62% Off Low||3% Off High|
|GGG||45.93||30.8||49.69||31.6||45% Off Low||9% Off High|
|RGCO||24.52||21||31.99||29.54||16% Off Low||21% Off High|
|KWR||150.13||129.98||165.93||99.09||15% Off Low||10% Off High|
|BFS||51.12||48.11||65.43||31.46||3% Off Low||22% Off High|
|PLCE||134.7||94.95||161.65||29.09||38% Off Low||17% Off High|
Tickers By Yield (With Growth Rates)
I know some people are interested in yield plays, so this table is sorted descending by yield. This also includes some of the historical dividend growth rates as a bonus. Additionally, the "Chowder Rule" has been included. That is the current yield plus the 5-year dividend growth rate.
|Ticker||Yield||1 Yr DG||3 Yr DG||5 Year DG||10 Yr DG||Chowder Rule|
I hope you are able to find this information valuable. I'm open to any suggestions you may have to make this more valuable.
As always, do your due diligence on any stock before buying or selling. Happy investing!
Disclosure: I am/we are long AAPL, ABT, AFL, AMP, AMZN, ANTM, BRK.B, CMI, CSCO, CVS, DEO, DIS, DUK, FB, GLW, GOOG, HD, JNJ, JPM, MDT, MO, NKE, O, OHI, PRU, PSA, SBUX, SCHD, SKT, SPHD, STAG, SWK, T, TROW, TRV, UA, UTX, VFC, VTR, VZ, WPC, WSM. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.