Lowe's Companies: Dividend Stock Analysis
Lowe's Companies, Inc. (LOW), together with its subsidiaries, operates as a home improvement retailer in the United States and Canada. This Dividend Aristocrat has increased distributions for 48 consecutive years. The company was one of original Dividend Aristocrats that joined the elite dividend index in 1989.Over the past decade, this dividend stock has delivered an annual total return of 6.90%. At the same time earnings per share have increased only by 9.80% per year since 2001. Earnings per share have been weak since hitting $1.99 in 2007 as sales have stagnated and same store sales drifted lower. For 2010 analysts estimate an increase in EPS by 16.20% to $1.41. For FY 2011 analysts expect the company to earn $1.67/share, which would represent an increase of 18.40% in comparison with... more
Dividend Portfolio Update, September 2010: Added Colgate, Abbott and Medtronic
The Pocket Change Portfolio (PCP) was first introduced on September 13, 2008 as a real money dividend income portfolio funded by the “pocket change” earned from my various online endeavors. Each month I report on the portfolio’s progress and update its holdings. Dividends Received Total dividends received during the month were $166.53, consisting of:... more
Conoco-Phillips: The Most Undervalued Energy Dividend Stock in the S&P 500
This week we looked for undervalued S&P 500 dividend paying stocks in the under-appreciated Energy sector, which has only risen 3.40% year-to-date, vs. the leading Consumer Discretionary sector, which is up nearly 16%. Fortunately for income investors, the Energy sector also happens to include many dividend stocks.Our search led us to Conoco Philips, (COP), which is listed in the Energy Stocks section of our High Dividend Stocks By Sector Tables. We then compared COP to its Major Oil & Gas Firms peer group, and came up with favorable ratio comps in valuation, financial, and management efficiency, although COP doesn't come out on top in every metric.... more
Playing the 2010 Gold Rush With Gold Dividend Stocks
The United States has seen several gold rushes over the past 230+ years. There was the 1799 gold rush in North Carolina and then the Georgia gold rush in 1829. Undoubtedly the most famous of them all was the California Gold Rush which began in 1948. The California gold rush saw speculators from across the globe converged on California convinced that gold would make them rich. They were lured from as far away as Europe, Asia and Latin America by the luster of gold. These “49er’s” left their homes, their careers and their families to seek the illusive wealth that gold was suppose to bring them.... more
Six Notable Dividend Increases
Every week, a growing number of companies raise distributions. Up until now I tended to include in my review all companies raising distributions for the given week. In order to be more efficient however, I am going to concentrate in my weekly reviews from now on, only on companies which have raised distributions for over five years in a row. This should eliminate focusing on companies which have not raised distributions for a sufficiently long period of time. If a company keeps growing distributions for at least five years, it would definitely be included and reviewed accordingly. If a company has raised distributions for at least a decade, it would be included in my list for further research and possible accumulation on dips.The most notable companies which raised distributions last week... more
Leggett & Platt: High Value, High Yields, And High Priced
Linked here is a detailed quantitative analysis of Leggett & Platt, Inc. (LEG). Below are some highlights from the above linked analysis: Company Description: Leggett & Platt Inc makes a broad line of bedding and furniture components and other home, office and commercial furnishings, as well as diversified products for non-furnishings markets. Fair Value: I consider four calculations of fair value, see page 2 of the linked PDF for a detailed description:... more
Capital Southwest (CSWC) Declares $0.40 Semi-Annual Dividend; 0.8% Yield
Capital Southwest Corporation (Nasdaq: CSWC) declared a cash dividend in the amount of $0.40 per share of common stock, $0.80 annualized. This dividend is payable on November 30, 2010 to shareholders of record on November 15, 2010. The ex-dividend date is November 11, 2010. Yield on the dividend is 0.8%.... more
Capital Southwest (CSWC) Approves $0.40 Per Share Semi-Annual Cash Dividend - Annual Yield 0.80%
Capital Southwest Corporation (Nasdaq: CSWC) declared a cash dividend in the amount of $0.40 per share of common stock. This dividend is payable on November 30, 2010 to shareholders of record on November 15, 2010.... more
Bowne & Co. (BNE) Declares $0.055 Quarterly Dividend; 1.9% Yield
Bowne & Co., Inc. (NYSE: BNE) today announced the declaration of a quarterly dividend on its Common Stock, payable in cash at the rate of $0.055 per share, $0.22 annualized. The dividend will be payable November 16, 2010 to shareholders of record at the close of business on November 2, 2010. The ex-dividend date is October 29, 2010. Yield on the dividend is 1.9%.... more
NewMarket (NEU) Increases Quarterly Dividend 17.3% to $0.44; Yields 1.4%
NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $0.44 per share, $1.76 annualized. The dividend is a 0.065 increase over the previous quarterly rate. The dividend is payable January 1, 2011 to NewMarket shareholders of record at the close of business on December 15, 2010. The ex-dividend date is December 13, 2010. Yield on the dividend is 1.4%.... more