Previous Year Performance Review
In our on going review of the NLO Dividend Watch List, we have taken the top five stocks on our list from February 19, 2016 and have checked the performance one year later. The top five companies on that list can be seen in the table below.
|Symbol||Name||2015 Price||2016 Price||% change|
|AIG||American International Group, Inc.||51.53||62.50||21.3%|
|SWK||Stanley Black & Decker||92.00||126.65||37.7%|
|JCI||Johnson Controls Inc||34.88||41.91||20.2%|
|FLO||Flowers Foods Inc||16.36||19.57||19.6%|
|DJI||Dow Jones Industrial||16,391.99||20,624.05||25.8%|
The top five companies on our watch list had an average gain of 19.7% which trailed the average 6%. One of the factor contributing to our underperformance, if you consider 19.7% as such, came from Sigma-Aldrich (SIAL) which didn't trade up or down due to the acquisition. Shares remained flat for the entire year. Although we spoke little about the list, we were lucky enough to highlight two companies with exceptional performance. Stanley Black & Decker (SWK) and Cintas (CTAS) were the two companies our team eluded to. Cintas rose 42% and Stanley Black & Decker rose 37%. Our justification for their consideration was because they were part of an elite group called Dividend Aristocrat.
U.S. Dividend Watch List: January 17, 2017
Another week, another record for the market. The bull continued to push the market higher but in contrary, the number of company approaching the low has not decline much. Below are 22 companies on our watch list. Continue reading