[I have identified] 248 stocks with histories of 10+ years of raising dividends…[and] ranked the yields and payout ratios of [each]…to create an average overall rank for each stock. [Here are the top 10 on the list.] Words: 325
So says Scott’s Investments (http://scottsinvestments.blogspot.com/) in excerpts from an article* which Lorimer Wilson, editor of www.munKNEE.com (It’s all about Money!), has further edited ([ ]), abridged (…) and reformatted below for the sake of clarity and brevity to ensure a fast and easy read. Please note that this paragraph must be included in any article re-posting to avoid copyright infringement. The article goes on to say:
The top 10 stocks based on yield and payout rank are listed below [and should] valuable to investors seeking companies with a commitment to paying dividends, high yield, and dividend sustainability/margin of safety. In addition, stocks were required to have projected forward earnings, which potentially eliminates stocks with dividend growth at immediate risk [such as] Universal (UVV) which would have ranked #4 on the list with its healthy 5.14% yield and low payout ratio of 32% but has no projected forward earnings and earnings growth is projected to decline next year…
|Company||Symbol||Yield||Yield Rank||Payout Ratio||Payout Rank||Yield / Payout Rank||Forward P/E|
|Republic Bancorp KY||RBCAA||3.23%||98||13%||13||2||4.71|
|Chesapeake Financial Shares||CPKF.PK||3.93%||60||26%||59||3||6.22|
|Sunoco Logistics Partners LP||SXL||5.70%||18||49%||144||7||15.06|
|Teche Holding Co.||TSH||4.15%||51||42%||120||10||9.01|
(Note: Data was sourced DRIP Investing, MSN, and Finviz. Always conduct your own research as statistical anomalies can exist, especially in instances of short-term earnings fluctuations skewing payout ratio.)
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- The above article consists of reformatted edited excerpts from the original for the sake of brevity, clarity and to ensure a fast and easy read. The author’s views and conclusions are unaltered.
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