21 Mid-Cap Stocks With Dividend Growth
Introduction
Dividends add a tremendous amount of confidence when looking for value companies. Mid-cap stocks are companies that are scaling up to be a mature business, and many such companies begin to reward the shareholders with regular dividend. As the growth continues, well-run mid-cap companies grow their dividends over time, adding to the compounding effect in the investor's portfolio. Great stocks invested at this phase of their growth and held on for the long term can generate significant wealth for the investors.
Screen Details
This screen looks for mid-cap stocks between $2 billion and $5 billion in market capitalization paying dividends. We want the dividend to be growing, looking back at least 5 years, and the business fundamentals also improving so the company is likely to sustain dividend growth in the future. Screen criteria are as follows:
Dividend Yield > 1.5% and < 3.75% Dividend 1-Year Change > 8% Dividend 3-Year Avg. Growth > 8% Dividend 5-Year Avg. Growth > 8% EPS 5-Year Avg. Growth > 8% Payout Ratio < 40% and > 10% Sales 5-Year Avg. Growth > 4% The Screen Results
Stock
Company
Dividend Yield
Div. 5-Yr. Avg. Growth
EPS 5-Yr. Avg. Growth
Payout Ratio
ASB
Associated Banc-Corp.
3.2%
13.6%
11.7%
33.0%
AUB
Atlantic Union Bankshares
2.6%
10.8%
15.7%
39.8%
BXS
BancorpSouth Bank
2.3%
19.8%
12.6%
30.8%
CATY
Cathay General
... Read more