The Top 10 January CCC Companies With Minimums Of $10B Market Cap, 2.29% Yield And 14 Years On The CCC
At the beginning of this journey to identify the top large cap CCC stocks at the beginning of 2016, I start with David Fish's Dividend Champions, Contenders and Challengers ("CCC" here) for January 2016, using the "All CCC" tab of some 750 companies which have increased their dividends for at least each of the last 5 years. I then eliminate the REITs and MLPs to narrow the list to 662 companies and calculate a Dugan Score for each.
As some readers may now know, I created a scoring system in mid-2015 to rank and identify those CCC stocks which I believe have:
Strong current conditions, as exemplified by: great value as measured by relative Graham number, low payout ratio, low debt/equity ratio and high Most Recent dividend increase % Excellent future prospects, as exemplified by: high EPS growth forecasts for Next Year and 5 years out, and excellent overall DGR histories. Simply put, the Dugan Scoring System is based upon a disciplined, systematic approach that evaluates each CCC stock on the basis of a wide variety of investment criteria from four broad categories: Risk, Value, Past Performance and Future Performance Expectations. The system is explained here.
After scoring each stock, I rank them by their Dugan Scores and toss out the bottom scoring half. This leaves 331 companies, which are each all-around strong companies, for filtering by specific criteria which I believe reflect many SA readers' needs. I have done this exercise in the past... Read more