Both Climate Emitters And Sustainable Operators Pay Investors Dividends
Foreword
A 40-stock top yield source list resulted from lists in two previous Fredrik Arnold dividend dogcatcher articles:
The first article, published in SA February 14, asked "Does Corporate Sustainability Pay Dividends?" It turns out that 83 of the 100 companies Barron's featured in its Annual 2019 Environmental, Social, and Governance (ESG) ranking prepared by the Calvert Research unit of Eaton Vance did pay dividends.
The second article published in SA April 16 asserted, "Activist Investors With $33T In Assets Push Companies To Change." Details of the "Green, Rich, and Intimidating" CA100+ organization were published in the April 15, 2019, edition of Bloomberg Businessweek. The organization is also found online at Climateaction100.org. Climate Action 100+ targets 161 firms; 122 of those firms pay dividends.
Those two past articles provided the two sides of the ESG debate for this article.
Four corporations made both lists: Colgate (CL); Delta (DAL); Coke (KO); Pepsi (PEP).
Actionable Conclusions (1-10): Analysts Project 18.39% To 42.02% Net Gains For Top Six Climate 100 and Top 4 Barron's Sustainability Dogs
Two top ten yielders of 20 top Barron's US Sustainable Dogs plus 20 top Climate 100 target dogs (tinted gray in the chart below) were among the top 10 gainers for the coming year based on analyst 1-year target estimates. So the dog strategy for the 40 combined Barron's Sustainable and Climate 100 dogs graded out at 20% accuracy.
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