Category Archives: Dividend Achievers

U.S. Dividend Watch List: June 23, 2017

Previous Year Performance Review

In our ongoing review of the NLO Dividend Watch List, we have taken the top five stocks on our list from June 24, 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
CAH Cardinal Health 75.23 79.68 5.9%
STBA S&T BanCorp. 24.04 35.36 47.1%
TIF Tiffany & Co. 60.09 91.79 52.8%
GS Goldman Sachs Group 141.86 217.19 53.1%
HFC HollyFrontier Corporation 24.16 27.15 12.4%
      Average 34.2%
         
DJI Dow Jones Industrial 18,011.07 21,394.76 18.8%
SPX S&P 500 2,113.32 2,438.30 15.4%

The performance of the top five companies were exceptional. The best performing stock was Goldman Sachs (GS) which gained 53%. Our take on the financial sector was wrong as we specifically urged readers to hold off on this sector for several months. Shares of Goldman did not fall below $139.50.

Trailing Goldman by a fraction of percentage point is Tiffany & Co. (TIF) whose shares rose 52.8%. Share price closed the week at $91.79 and we said last year that our fair value estimate for this company is around $100. Our assessment for Tiffany have proven to be correct and profitable as we were long Tiffany at the time of writing.

The worse performer was Cardinal Health (CAH) which gained only 5.9%. We thought shares should trade closer to $85 but that was wishful thinking on our part. Despite that, the company continued to provide dividend as income to shareholders.

U.S. Dividend Watch List: June 23, 2017

It was an uneventful week for the market and we're in the waiting mode to see of the S&P can break above 2,450 mark. At the end of the week, there are 36 companies on our dividend watch list. Continue reading

U.S. Dividend Watch List: June 16, 2017

It seems that even the Fed can't move the market with interest rate hike as the market was flat for the week. Despite the market being near its all-time high, our work of searching companies at their new low doesn't stop. Below, you will find a list of companies with good historical record of dividend paying company trading at or near its yearly low. Continue reading

U.S. Dividend Watch List: May 26, 2017

Previous Year Performance Review

In our ongoing review of the NLO Dividend Watch List, we have taken the top five stocks on our list from May 27, 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 2016 Price 2017 Price % change
CALM Cal-Maine Foods 45.74 40.65 -11.1%
HFC HollyFrontier Corporation 26.96 24.77 -8.1%
CAH Cardinal Health 78.15 73.10 -6.5%
NPBC National Penn Bancshares 10.72 10.72 0.0%
TIF Tiffany & Co. 62.54 86.18 37.8%
      Average 2.4%
         
DJI Dow Jones Industrial 17,873.22 21,080.28 17.9%
SPX S&P 500 2,099.06 2,415.82 15.1%

The S&P 500 rose +15.10% in the last year. However, the top five companies on our watch list gained only +2.40% due to underperformance of 4 companies. The worst performer was Cal-Maine Foods (CALM) which is a major producer of eggs. We thought that the bottom was near at the time but we were proven wrong. Falling not far behind was HollyFrontier (HFC) which fell -8.10%. We didn't believe the company was providing enough margin of safety until it traded below book value. Refining is a difficult business but the utilization rate is approaching full capacity (100%, see data) which suggests that pricing should firm up in the near future. We are not suggesting an outright buy at this level but a purchase here is clearly better than last year.

U.S. Dividend Watch List: May 26, 2017

Another week and it's another all-time high for the S&P 500. The index rose +1.40% for the week. We ended the week with 37 companies on our watch list this week. Continue reading

U.S. Dividend Watch List: May 12, 2017

Prior Year Performance Review

In our ongoing review of the NLO Dividend Watch List, we have taken the top five stocks on our list from May 13, 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
WASH Washington Trust BanCorp. 35.00 49.20 40.6%
HFC HollyFrontier Corporation 28.12 27.64 -1.7%
STBA S&T BanCorp. 24.33 34.89 43.4%
CAH Cardinal Health 76.25 72.90 -4.4%
FFIC Flushing Financial Corp. 19.57 28.95 47.9%
      Average 25.2%
         
DJI Dow Jones Industrial 17,535.32 20,896.61 19.2%
SPX S&P 500 2,046.61 2,390.90 16.8%

Watch List Review

The average gain for the top five companies was 25.2% driven mainly by regional bank. The three banks gained more than 40%. The worse performer was Cardinal Health (CAH) which declined 4.4%. Our perspective then was that financial sector was near the bottom and urged our readers to assess ETF. In addition, we provided our readers with several companies to consider. Those companies combined for average gain of 15% where the S&P 500 gained 16.8%.

U.S. Dividend Watch List: May 12, 2017

The bull run continued to push forward and them market touched its all-time high this week but closed the week slightly down. There are 35 companies on our dividend watch list this week. Continue reading

U.S. Dividend Watch List: May 5, 2017

After spending months trading in range, it appeared that the market is ready for a breakout to the upside as the S&P 500 closed the week at its all-time high of 2,399. It is going to be an interesting week as the market look to break above 2,400. Below are 30 companies on our watch list this week. Continue reading