During the past week, GuruFocus recognized six companies as dividend growers. In order to be qualified for this list, the company had to:
· Have a dividend yield of greater than 3%.
· Have a strong history of stable and increasing dividends.
· Maintain Guru ownership.
· Have a market cap of greater than $10 billion.
The following six companies come from various industries and sectors of the market, but they all fit the necessary criteria needed to qualify them as dividend growers.
A comparison of the companies’ historical dividend growth:
Thomson Reuters Corporation (TRI)
On Oct. 30, Thomson Reuters declared a dividend of $0.325 per share, representing a 3.40% dividend yield for the company. This dividend is payable on Dec. 16 to shareholders of the record at the close of business on Nov. 21, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 7.20%
· 5-year: 0.70%
· 3-year: 4.60%
Thomson Reuters is the world’s leading source of intelligent info for professionals as well as businesses. The company creates technology that will deliver crucial information to decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets through the use of the world’s most trusted news organization.
Thomson Reuters’ historical revenue and net income:
The company recently reported its third quarter financial results which reported:
· Revenue growth of 2% to $3.1 billion.
· Adjusted EBITDA grew 4% to $845 million.
· Adjusted EPS of $0.48, unchanged from 2012.
· Planned up to $1 billion in share repurchases (with $350 million to be incurred in Q4)
· 2013 outlook affirmed.
The company also announced that it plans to make contributions of about $500 million to its US and UK defined benefit pension during the next quarter. They expect the overall funded status of the plans to exceed 90% based on the current market conditions.
The analysis on Thomson Reuters warns that the company’s revenue has been in decline over the past year, its dividend yield is near a 2-year low and its price is near a 5-year high.
The Peter Lynch Chart suggests that the company is currently overvalued:
Thomson Reuters has a market cap of $31.41 billion. Its shares are currently trading at around $37.95 with a P/E ratio of 36.20, a P/S ratio of 2.40 and a P/B ratio of 1.90.
Chevron Corp (CVX)
On Oct. 30, Chevron declared a dividend of $1.00 per share, representing a 3.20% dividend yield for the company. This dividend is payable on Dec. 10 to shareholders of the record at the close of business on Nov. 18, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 10.40%
· 5-year: 8.40%
· 3-year: 9.70%
Chevron manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to U.S. and international subsidiaries that engage in fully integrated petroleum operations, chemicals operations, mining operations, power generation and energy services.
Chevron’s historical revenue and net income:
The company reported its third quarter financials late last week which reported:
· Net income of $5.0 billion, or $2.57 per share, compared to $5.3 billion and $2.69 per share.
· Sales and operating revenues of $57 billion, compared to $56 billion last year.
· The company purchased $1.25 billion of its common stock during the quarter.
· Upstream worldwide net oil-equivalent production was 2.59 million barrels per day, compared to 2.52 million per day last year.
· Downstream worldwide operations were $249 million, down from $456 million in 2012.
The analysis on Chevron reports that the company has issued $8.4 billion of debt over the past three years, its revenue has declined over the past year, its price is nearing a 10-year high and its operating margin is expanding. The analysis also reports that the company’s dividend yield is also near a 3-year high.
Chevron has a market cap of $227.84 billion. Its shares are currently trading at around $117.93 with a P/E ratio of 9.40, a P/S ratio of 1.00 and a P/B ratio of 1.60. The company had an annual average earnings growth of 8.30% over the past ten years.
GuruFocus rated Chevron the business predictability rank of 2.5-star.
Vornado Realty Trust (VNO)
On Oct. 30, Vornado Realty Trust declared a dividend of $0.73 per share, representing a 3.20% dividend yield for the company. This dividend is payable on Nov. 22 to shareholders of the record at the close of business on Nov. 12, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -1.20%
· 5-year: -2.30%
· 3-year: 10.00%
Vornado Realty Trust is a fully integrated REIT. The company is one of the largest owners and managers of commercial real estate in the US with a portfolio of over 100 million square feet. The company’s core businesses include: New York, Washington, DC, and retail properties in the northeast states, California and Puerto Rico.
Vornado Realty Trust’s historical revenue and net income:
The company is set to release its third quarter financials today after market close.
The analysis on Vornado reports that the company’s operating margin is expanding and that its price and P/S ratio are nearing a 5-year high.
The Peter Lynch Chart suggests that the company is currently overvalued:
Vornado Realty Trust has a market cap of $16.92 billion. Its shares are currently trading at around $90.45 with a P/E ratio of 25.10, a P/S ratio of 7.20 and a P/B ratio of 2.90. Vornado Realty Trust had an annual average earnings growth of 8.80% over the past five years.
Check out the company’s total dividend return calculator.
Health Care REIT (HCN)
On Oct. 31, Health Care REIT declared a dividend of $0.765 per share, representing a 4.70% dividend yield for the company. This dividend is payable on Nov. 20 to shareholders of the record at the close of business on Nov. 12, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 2.70%
· 5-year: 2.30%
· 3-year: 2.90%
This is Health Care REIT’s 170th consecutive quarterly dividend payment.
Health Care REIT is a REIT that invests in senior housing and health care real estate. The company also provides property management and development services. Its property types include investment properties and medical office buildings.
Health Care’s historical revenue and net income:
The company is set to release its third quarter financial statement on Nov. 5 before market open.
The Peter Lynch Chart suggests that the company is currently overvalued:
Health Care REIT has a market cap of $18.6 billion. Its shares are currently trading at around $64.95 with a P/E ratio of 94.70, a P/S ratio of 7.38 and a P/B ratio of 1.74. The company had an annual average earnings growth of 0.20% over the past five years.
Check out the company’s total dividend return calculator.
Newmont Mining (NEM)
On Oct. 31, Newmont Mining declared a dividend of $0.20 per share, representing a 5.10% dividend yield for the company. This dividend is payable on Dec. 27 to shareholders of the record at the close of business on Dec. 5, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 18.90%
· 5-year: 40.80%
· 3-year: 51.80%
The company operates off of a gold price-linked dividend policy which is designed to increase or decrease based on the London P.M. Fix average price of gold for the quarter.
Newmont Mining is primarily a gold producer with significant assets or operations in the US, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. The company is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500.
Newmont’s historical revenue and net income:
The company’s recently released third quarter financials highlight:
· Adjusted net income was $227 million, or $0.46 per share, down from $426 million and $0.86 per share.
· Benefits from sale of the company’s investment in Canadian Oil Sands Ltd. resulted in $587 million.
· Consolidated spending $700 million, or 13% year to date, compared to last year.
· Cash flow from continuing operations of $443 million, down 23% from last year.
Newmont Mining has a market cap of $13.48. Its shares are currently trading at around $27.34 with a P/S ratio of 1.40 and a P/B ratio of 1.10. The company had an annual average earnings growth of 15% over the past ten years.
Check out the company’s total dividend return calculator.
Barrick Gold Corporation (ABX)
On Oct. 31, Barrick Gold declared a dividend of $0.05 per share, representing a 3.60% dividend yield for the company. This dividend is payable on Dec. 16 to shareholders of the record at the close of business on Nov. 29, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 14.90%
· 5-year: 16.20%
· 3-year: 23.30%
Barrick Gold Corporation produces and sells gold and copper. The company business activities also includes exploration and mine development. It holds interests in oil and gas properties located in Canada.
Barrick Gold’s historical revenue and net income:
The company recently reported their third quarter results which reported:
· Gold production of 1.85 million ounces at an AISC of $916 per ounce.
· Adjusted net earnings of $0.58 billion, or $0.58 per share.
· Operating cash flow of $1.30 billion.
· Suspended Pascua-Lama project which will reduce 2014 capital costs by about $1 billion.
The analysis on Barrick reports that the revenue has slowed down over the past year, it has issued $8.5 billion of debt over the past three years and its asset growth is currently faster than its revenue growth rate, meaning the company could be getting less effective.
Barrick Gold Corp. has a market cap of $18.33 billion. Its shares are currently trading at around $18.31 per share with a P/S ratio of 1.50 and a P/B ratio of 1.50.
Check out Barrick’s total dividend return calculator.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
Try a free 7-day premium membership.
· Have a dividend yield of greater than 3%.
· Have a strong history of stable and increasing dividends.
· Maintain Guru ownership.
· Have a market cap of greater than $10 billion.
The following six companies come from various industries and sectors of the market, but they all fit the necessary criteria needed to qualify them as dividend growers.
A comparison of the companies’ historical dividend growth:
Thomson Reuters Corporation (TRI)
On Oct. 30, Thomson Reuters declared a dividend of $0.325 per share, representing a 3.40% dividend yield for the company. This dividend is payable on Dec. 16 to shareholders of the record at the close of business on Nov. 21, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 7.20%
· 5-year: 0.70%
· 3-year: 4.60%
Thomson Reuters is the world’s leading source of intelligent info for professionals as well as businesses. The company creates technology that will deliver crucial information to decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets through the use of the world’s most trusted news organization.
Thomson Reuters’ historical revenue and net income:
The company recently reported its third quarter financial results which reported:
· Revenue growth of 2% to $3.1 billion.
· Adjusted EBITDA grew 4% to $845 million.
· Adjusted EPS of $0.48, unchanged from 2012.
· Planned up to $1 billion in share repurchases (with $350 million to be incurred in Q4)
· 2013 outlook affirmed.
The company also announced that it plans to make contributions of about $500 million to its US and UK defined benefit pension during the next quarter. They expect the overall funded status of the plans to exceed 90% based on the current market conditions.
The analysis on Thomson Reuters warns that the company’s revenue has been in decline over the past year, its dividend yield is near a 2-year low and its price is near a 5-year high.
The Peter Lynch Chart suggests that the company is currently overvalued:
Thomson Reuters has a market cap of $31.41 billion. Its shares are currently trading at around $37.95 with a P/E ratio of 36.20, a P/S ratio of 2.40 and a P/B ratio of 1.90.
Chevron Corp (CVX)
On Oct. 30, Chevron declared a dividend of $1.00 per share, representing a 3.20% dividend yield for the company. This dividend is payable on Dec. 10 to shareholders of the record at the close of business on Nov. 18, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 10.40%
· 5-year: 8.40%
· 3-year: 9.70%
Chevron manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to U.S. and international subsidiaries that engage in fully integrated petroleum operations, chemicals operations, mining operations, power generation and energy services.
Chevron’s historical revenue and net income:
The company reported its third quarter financials late last week which reported:
· Net income of $5.0 billion, or $2.57 per share, compared to $5.3 billion and $2.69 per share.
· Sales and operating revenues of $57 billion, compared to $56 billion last year.
· The company purchased $1.25 billion of its common stock during the quarter.
· Upstream worldwide net oil-equivalent production was 2.59 million barrels per day, compared to 2.52 million per day last year.
· Downstream worldwide operations were $249 million, down from $456 million in 2012.
The analysis on Chevron reports that the company has issued $8.4 billion of debt over the past three years, its revenue has declined over the past year, its price is nearing a 10-year high and its operating margin is expanding. The analysis also reports that the company’s dividend yield is also near a 3-year high.
Chevron has a market cap of $227.84 billion. Its shares are currently trading at around $117.93 with a P/E ratio of 9.40, a P/S ratio of 1.00 and a P/B ratio of 1.60. The company had an annual average earnings growth of 8.30% over the past ten years.
GuruFocus rated Chevron the business predictability rank of 2.5-star.
Vornado Realty Trust (VNO)
On Oct. 30, Vornado Realty Trust declared a dividend of $0.73 per share, representing a 3.20% dividend yield for the company. This dividend is payable on Nov. 22 to shareholders of the record at the close of business on Nov. 12, 2013.
The company’s historical dividend growth is as follows:
· 10-year: -1.20%
· 5-year: -2.30%
· 3-year: 10.00%
Vornado Realty Trust is a fully integrated REIT. The company is one of the largest owners and managers of commercial real estate in the US with a portfolio of over 100 million square feet. The company’s core businesses include: New York, Washington, DC, and retail properties in the northeast states, California and Puerto Rico.
Vornado Realty Trust’s historical revenue and net income:
The company is set to release its third quarter financials today after market close.
The analysis on Vornado reports that the company’s operating margin is expanding and that its price and P/S ratio are nearing a 5-year high.
The Peter Lynch Chart suggests that the company is currently overvalued:
Vornado Realty Trust has a market cap of $16.92 billion. Its shares are currently trading at around $90.45 with a P/E ratio of 25.10, a P/S ratio of 7.20 and a P/B ratio of 2.90. Vornado Realty Trust had an annual average earnings growth of 8.80% over the past five years.
Check out the company’s total dividend return calculator.
Health Care REIT (HCN)
On Oct. 31, Health Care REIT declared a dividend of $0.765 per share, representing a 4.70% dividend yield for the company. This dividend is payable on Nov. 20 to shareholders of the record at the close of business on Nov. 12, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 2.70%
· 5-year: 2.30%
· 3-year: 2.90%
This is Health Care REIT’s 170th consecutive quarterly dividend payment.
Health Care REIT is a REIT that invests in senior housing and health care real estate. The company also provides property management and development services. Its property types include investment properties and medical office buildings.
Health Care’s historical revenue and net income:
The company is set to release its third quarter financial statement on Nov. 5 before market open.
The Peter Lynch Chart suggests that the company is currently overvalued:
Health Care REIT has a market cap of $18.6 billion. Its shares are currently trading at around $64.95 with a P/E ratio of 94.70, a P/S ratio of 7.38 and a P/B ratio of 1.74. The company had an annual average earnings growth of 0.20% over the past five years.
Check out the company’s total dividend return calculator.
Newmont Mining (NEM)
On Oct. 31, Newmont Mining declared a dividend of $0.20 per share, representing a 5.10% dividend yield for the company. This dividend is payable on Dec. 27 to shareholders of the record at the close of business on Dec. 5, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 18.90%
· 5-year: 40.80%
· 3-year: 51.80%
The company operates off of a gold price-linked dividend policy which is designed to increase or decrease based on the London P.M. Fix average price of gold for the quarter.
Newmont Mining is primarily a gold producer with significant assets or operations in the US, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. The company is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500.
Newmont’s historical revenue and net income:
The company’s recently released third quarter financials highlight:
· Adjusted net income was $227 million, or $0.46 per share, down from $426 million and $0.86 per share.
· Benefits from sale of the company’s investment in Canadian Oil Sands Ltd. resulted in $587 million.
· Consolidated spending $700 million, or 13% year to date, compared to last year.
· Cash flow from continuing operations of $443 million, down 23% from last year.
Newmont Mining has a market cap of $13.48. Its shares are currently trading at around $27.34 with a P/S ratio of 1.40 and a P/B ratio of 1.10. The company had an annual average earnings growth of 15% over the past ten years.
Check out the company’s total dividend return calculator.
Barrick Gold Corporation (ABX)
On Oct. 31, Barrick Gold declared a dividend of $0.05 per share, representing a 3.60% dividend yield for the company. This dividend is payable on Dec. 16 to shareholders of the record at the close of business on Nov. 29, 2013.
The company’s historical dividend growth is as follows:
· 10-year: 14.90%
· 5-year: 16.20%
· 3-year: 23.30%
Barrick Gold Corporation produces and sells gold and copper. The company business activities also includes exploration and mine development. It holds interests in oil and gas properties located in Canada.
Barrick Gold’s historical revenue and net income:
The company recently reported their third quarter results which reported:
· Gold production of 1.85 million ounces at an AISC of $916 per ounce.
· Adjusted net earnings of $0.58 billion, or $0.58 per share.
· Operating cash flow of $1.30 billion.
· Suspended Pascua-Lama project which will reduce 2014 capital costs by about $1 billion.
The analysis on Barrick reports that the revenue has slowed down over the past year, it has issued $8.5 billion of debt over the past three years and its asset growth is currently faster than its revenue growth rate, meaning the company could be getting less effective.
Barrick Gold Corp. has a market cap of $18.33 billion. Its shares are currently trading at around $18.31 per share with a P/S ratio of 1.50 and a P/B ratio of 1.50.
Check out Barrick’s total dividend return calculator.
To view a complete list of high yielding dividend stocks found among the gurus’ portfolios, click here.
Try a free 7-day premium membership.
