The market snapped out of the downtrend with force this week. The Dow gained 376 points or 4% this week. At the end of the week, our Dividend Achiever watch list has 9 companies compared to 12 from the previous week. Here are the companies on our watch list as of October 9, 2009.
| Symbol |
Name |
Price |
P/E |
% Yr Low |
Yield |
EPS (ttm) |
Div/Shr |
Payout Ratio |
| WMT |
WAL MART STORES |
49.97 |
14.65 |
8.04% |
2.18% |
3.41 |
1.09 |
32% |
| CAH |
CARDINAL HEALTH INC |
27.32 |
8.56 |
9.85% |
2.56% |
3.19 |
0.70 |
22% |
| WEYS |
Weyco Group, Inc. |
22.65 |
20.97 |
12.63% |
2.65% |
1.08 |
0.60 |
56% |
| BCR |
BARD C R INC |
77.94 |
16.35 |
13.05% |
0.87% |
4.77 |
0.68 |
14% |
| PNY |
PIEDMONT NAT GAS CO |
23.73 |
15.31 |
15.64% |
4.55% |
1.55 |
1.08 |
70% |
| NWN |
NORTHWEST NAT GAS |
42.43 |
15.37 |
15.90% |
3.91% |
2.76 |
1.66 |
60% |
| BDX |
BECTON DICKINSON CO |
68.75 |
14.27 |
18.25% |
1.92% |
4.82 |
1.32 |
27% |
| PGN |
PROGRESS ENERGY INC |
37.45 |
13.05 |
19.46% |
6.62% |
2.87 |
2.48 |
86% |
| MKC |
MCCORMICK & CO |
33.67 |
16.75 |
19.91% |
2.85% |
2.01 |
0.96 |
48% |
| 9 companies |
Becton Dickinson (BDX) is still on this list and the price hasn't move much since Buffett announced back in August that he took a stake in the company. It may be worth reconsidering BDX based on the current lack of "action." Art.
Note: Abbott Lab (ABT) is no longer on this list after being on it since this list began in June. I flagged you to ABT on 9/24/09 and the stock has gained 8.5% since.