Top Five Watch List Performance Review
In our ongoing review of the NLO Dividend Watch List, we have taken the top five stocks on our list from November 3, 2017 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 |
| JWN | Nordstrom | 38.50 | 66.49 | 72.7% |
| ADM | Archer Daniels Midland | 39.78 | 48.00 | 20.7% |
| CTL | CenturyTel | 16.37 | 20.97 | 28.1% |
| NS | NuStar Energy L.P. | 32.00 | 23.31 | -27.2% |
| SJM | JM Smucker | 102.22 | 105.69 | 3.4% |
| Average | 19.5% | |||
| DJI | Dow Jones Industrial | 23,539.19 | 25,270.83 | 7.4% |
| SPX | S&P 500 | 2,587.84 | 2,723.06 | 5.2% |
Prior Year Performance Review
The best performing stock was Nordstrom (JWN) which gained 72.7%. A year ago, Nordstrom failed to go private after failing to secure funding. Our team thought this would be a prudent time to take a finer look at this major retailer. Below is an except from our watch list.
Despite such draw back, we are curious if this could be an opportunity for value investors to buy in. Our team are not proposing to go long at this level but one should be ready to accumulate at the right price point. The stock yield 3.8% but payout 70% of its earning which is relatively high and leave company with small margin of safety. Perhaps halting a dividend or reducing it could provide a better entry point.
U.S. Dividend Watch List: November 2, 2018
The volatility in the market continued and S&P 500 gained some ground this week and rebounded 1.5%. Here is a list of companies that are on our watch list for the week. Continue reading
