Dividend Contenders With Low Debt To Equity Ratios Researched By Dividend Yield - Stock, Capital, Investment. Stocks with a history of rising dividends of more than 10 years but less than 24 years in a row are named Dividend Contenders. 189 companies with such a dividend growth performance are available at the markets. But past dividend growth does not guarantee a future dividend hike if earnings are down. A major ratio to judge the ability of paying dividends from capital assets is the debt to equity ratio.
I screened all Dividend Contenders by companies with very low debt to equity ratios (ratio below 0.1). Those stocks are nearly free of debt and have a generous cushion of future dividend hikes. Below the results are some of stocks with a very low market capitalization which are not to recommend in a deeper analysis. 20 stocks with a market capitalization of more than USD 300 million remained. Twelve of them have a current buy or better rating.
Here is the full table with some fundamentals:
Take a closer look at the full table. The average price to earnings ratio (P/E ratio) amounts to 18.08. The dividend yield has a value of 1.73 percent. Price to book ratio is 4.39 and price to sales ratio 2.85. The operating margin amounts to 21.43 percent.
Related stock ticker symbols:
CHL, KDN, GES, DAKT, NHC, WSM, CAN, NRCI, HWKN, COLM, MSM, EPHC, FINL, DV, JJSF, ATRI, LNN, RBN, TPL, GOLD