This week I've screened all Dividend Achievers by cheap fundamentals, solid growth figures and low dividend payouts.
Dividend Achievers are stocks that have raised dividends over a period of 10 consecutive years or more.
These are my criteria in detail:
- Dividend Yield over 2 percent
- Dividend Payout below 40 percent
- Expected 5-Year Earnings Growth over 5 percent
- Forward P/E under 15
- Only Large Caps
- 10 Years of consecutive dividend growth or more
My screen delivered 17 results. The best results come from the oil and gas sector. Those stocks suffered under falling oil and gas prices. Russian crises and recession fears in Europe are main forces to the cheap fundamentals.
I'm a guy who believes in technology —Â old school technology. IBM is a top pick in my view. For sure, IBM did not grow over the past decade, but they have a strong focus on profit and shareholder return. Earnings doubled and due to massive buybacks, EPS skyrocketed.
IBM is no island in a raw sea. It's only a big company with a strong cash flow and they must pay attention to the competition.
Here are 7 Dividend Achievers with cheap fundamentals from seven different sectors. A good and broad diversification is good for most investors because they can reduce your portfolio volatility.
7 cheap top yielding Dividend Achievers are....
Syngenta (SYT, Financial) has a market capitalization of $28.41 billion. The company employs 28,000 people, generates revenue of $14.688 billion and has a net income of $1.649 billion.
Syngenta's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2.853 billion. The EBITDA margin is 19.42 percent (the operating margin is 14.20 percent and the net profit margin 11.23 percent).
Financials: The total debt represents 15.86 percent of Syngenta's assets and the total debt in relation to the equity amounts to 33.78 percent. Due to the financial situation, a return on equity of 18 percent was realized by Syngenta.
Twelve trailing months earnings per share reached a value of $3.53. Last fiscal year, Syngenta paid $2.00 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 17.33, the P/S ratio is 1.93 and the P/B ratio is finally 2.96. The dividend yield amounts to 3.72 percent and the beta ratio has a value of 1.12.
See the rest of the results here: 7 Dividend Achievers Good Enough To Buy And 10 To Watch...
