I recently ran across this
paper which discusses the S&P 500 Dividend Aristocrats. To be an
aristocrat a stock must be in the S&P500 and have increased its
dividends in each of the last 25 years.
Why demand 25 years worth of dividend growth instead of, say, 19 years or 17 years? Good question and I suspect that it comes down
to marketing with 25 being a nice number to work with. Personally, I'd be
willing to look at the 19 year candidates or those that failed to
boost their dividend once or twice over the last 25 years. But that
makes me a wild and crazy guy.
Anyway, the paper highlighted this year's list of S&P 500 Dividend
Aristocrats and I wanted to take a quick look at where they stand
today. So, with the aid of yahoo's finance website, the following
table shows each Aristocrat's Price and Dividend Yield along with
its P/E, P/B, and P/S ratios.
S&P 500 Dividend Aristocrats
Symbol Price P/E Yield P/B P/S
====== ====== ===== ===== ==== ====
ABT $48.63 15.55 3.3% 4.36 2.57
ADM $28.50 7.28 2.0% 1.34 0.23
ADP $37.11 15.62 3.7% 3.82 2.05
AFL $21.04 8.03 7.5% 1.14 0.46
APD $56.08 17.00 3.3% 2.42 1.12
AVY $21.47 7.96 8.3% 1.15 0.33
BBT $19.23 7.09 11.1% 0.75 1.64
BCR $76.81 18.90 0.9% 3.82 3.08
BDX $65.77 14.17 2.0% 3.30 2.19
BMS $20.42 12.41 4.6% 1.46 0.52
CB $42.48 8.64 3.7% 1.04 1.06
CINF $22.37 8.52 7.5% 0.83 0.91
CLX $51.62 15.40 3.6% N/A 1.31
CTL $26.78 7.53 11.1% 0.84 1.02
DOV $26.17 8.38 4.0% 1.23 0.62
ED $38.20 8.74 6.6% 1.03 0.74
EMR $27.75 9.42 4.9% 2.44 0.83
FDO $31.75 18.51 1.8% 3.40 0.63
GCI $2.46 N/A 6.7% 0.53 0.08
GE $10.32 6.01 12.8% 1.01 0.58
GWW $67.56 11.19 2.5% 2.44 0.73
JCI $10.44 45.99 5.4% 0.70 0.16
JNJ $50.66 11.09 3.6% 3.30 2.20
KMB $47.04 11.65 5.1% 5.00 1.00
KO $41.65 16.75 4.0% 4.68 3.00
LEG $12.39 19.95 8.4% 1.13 0.46
LLY $32.50 N/A 6.4% 5.17 1.71
LM $15.22 N/A 7.0% 0.42 0.53
LOW $17.19 11.53 2.2% 1.33 0.50
MCD $55.42 14.72 3.9% 4.47 2.54
MHP $20.05 7.99 4.6% 4.91 0.99
MMM $49.20 10.06 4.3% 3.42 1.34
MTB $41.92 8.38 7.3% 0.71 1.79
PBI $21.97 10.97 6.8% N/A 0.72
PEP $49.47 15.41 3.5% 6.27 1.77
PFE $14.25 11.87 9.0% 1.67 1.99
PG $48.02 11.07 3.3% 2.30 1.66
PPG $34.99 10.76 6.4% 1.67 0.35
ROH $78.32 31.93 2.1% 4.95 1.60
SHW $46.93 11.74 3.0% 3.48 0.70
SIAL $35.92 13.55 1.7% 3.11 1.95
STR $29.82 7.68 1.8% 1.48 1.46
STT $29.05 6.76 0.2% 1.01 1.07
SVU $15.08 N/A 4.6% 1.00 0.07
SWK $29.47 7.51 4.7% 1.33 0.51
TEG $25.21 15.35 11.2% 0.60 0.13
TGT $31.58 11.03 2.2% 1.67 0.35
USB $15.83 9.85 1.5% 1.39 2.23
VFC $56.31 10.39 4.5% 1.67 0.78
WAG $24.02 11.32 1.9% 1.83 0.40
WMT $50.44 14.87 2.2% 3.01 0.48
XOM $69.17 7.96 2.4% 3.04 0.73
Source: S&P, Yahoo.com, March 18, 2009
For extra fun, I've also created a series of Top 10 Lists which show
the 10 stocks with the lowest P/E, P/B, or P/S ratios and the highest
dividend yields.
Top 10 by P/E
Symbol Price P/E Yield P/B P/S
====== ====== ==== ===== ==== ====
GE $10.32 6.01 12.8% 1.01 0.58
STT $29.05 6.76 0.2% 1.01 1.07
BBT $19.23 7.09 11.1% 0.75 1.64
ADM $28.50 7.28 2.0% 1.34 0.23
SWK $29.47 7.51 4.7% 1.33 0.51
CTL $26.78 7.53 11.1% 0.84 1.02
STR $29.82 7.68 1.8% 1.48 1.46
AVY $21.47 7.96 8.3% 1.15 0.33
XOM $69.17 7.96 2.4% 3.04 0.73
MHP $20.05 7.99 4.6% 4.91 0.99
Source: S&P, Yahoo.com, March 18, 2009
Top 10 by Yield
Symbol Price P/E Yield P/B P/S
====== ====== ===== ===== ==== ====
GE $10.32 6.01 12.8% 1.01 0.58
TEG $25.21 15.35 11.2% 0.60 0.13
BBT $19.23 7.09 11.1% 0.75 1.64
CTL $26.78 7.53 11.1% 0.84 1.02
PFE $14.25 11.87 9.0% 1.67 1.99
LEG $12.39 19.95 8.4% 1.13 0.46
AVY $21.47 7.96 8.3% 1.15 0.33
AFL $21.04 8.03 7.5% 1.14 0.46
CINF $22.37 8.52 7.5% 0.83 0.91
MTB $41.92 8.38 7.3% 0.71 1.79
Source: S&P, Yahoo.com, March 18, 2009
Top 10 by P/B
Symbol Price P/E Yield P/B P/S
====== ====== ===== ===== ==== ====
LM $15.22 N/A 7.0% 0.42 0.53
GCI $2.46 N/A 6.7% 0.53 0.08
TEG $25.21 15.35 11.2% 0.60 0.13
JCI $10.44 45.99 5.4% 0.70 0.16
MTB $41.92 8.38 7.3% 0.71 1.79
BBT $19.23 7.09 11.1% 0.75 1.64
CINF $22.37 8.52 7.5% 0.83 0.91
CTL $26.78 7.53 11.1% 0.84 1.02
SVU $15.08 N/A 4.6% 1.00 0.07
GE $10.32 6.01 12.8% 1.01 0.58
Source: S&P, Yahoo.com, March 18, 2009
Top 10 by P/S
Symbol Price P/E Yield P/B P/S
====== ====== ===== ===== ==== ====
SVU $15.08 N/A 4.6% 1.00 0.07
GCI $2.46 N/A 6.7% 0.53 0.08
TEG $25.21 15.35 11.2% 0.60 0.13
JCI $10.44 45.99 5.4% 0.70 0.16
ADM $28.50 7.28 2.0% 1.34 0.23
AVY $21.47 7.96 8.3% 1.15 0.33
PPG $34.99 10.76 6.4% 1.67 0.35
TGT $31.58 11.03 2.2% 1.67 0.35
WAG $24.02 11.32 1.9% 1.83 0.40
LEG $12.39 19.95 8.4% 1.13 0.46
Source: S&P, Yahoo.com, March 18, 2009
Happy income investing!
|
