FORWARD DIVIDENDS

Forward Dividends

2018 Dividends

Progress to FI

Friday, June 15, 2018

Dividend Increases This Week (June 11 - June 15)

One way to identify dividend growth stocks is to look for dividend increases. Companies that pay rising dividends are likely to be financially healthy, generate consistent cash flow and regular dividend. I am interested in stocks with at least ten consecutive years of increasing annual dividend payments (Dividend Achievers). Here is a list of US companies that increased their dividends this week.


FedEx Corporation (FDX)

Industry: Transportation & Logistics
Sector: Industrials

FedEx Corp is the world's largest express courier delivery firm. The company provides courier services through various divisions which include express, ground, office, freight, cross border, trade networks and supply chain.

FedEx Corporation has declared quarterly dividend of $0.6500 (+30.0000% increase). It goes ex-dividend on 06-22-2018 and is payable on 07-09-2018. FedEx Corporation has 8 years of consecutive dividend increase.

Price $263.48
Market Cap $70.406 billion
Annualized Dividend $2.6
Yield 0.987%
EPS(TTM) $11.91
Payout Ratio 21.83%
50-day moving average $249.082
200-day moving average $239.333
P/E Ratio 22.21
52 week range $203.131 - $274.66


2-Year Dividend History

DeclaredDate Ex-DividendDate RecordDate PayableDate Qualified Amount
2018-02-16 2018-03-09 2018-03-12 2018-04-02 $0.5
2017-11-17 2017-12-08 2017-12-11 2018-01-02 $0.5
2017-08-18 2017-09-08 2017-09-11 2017-10-02 Q $0.5
2017-06-12 2017-06-20 2017-06-22 2017-07-06 Q $0.5
2017-02-17 2017-03-09 2017-03-13 2017-04-03 Q $0.4
2016-11-18 2016-12-08 2016-12-12 2017-01-03 Q $0.4
2016-08-19 2016-09-08 2016-09-12 2016-10-03 Q $0.4
2016-06-06 2016-06-14 2016-06-16 2016-07-01 Q $0.4


Peer Comparison

Ticker Name Dividend Yield EPS (TTM) P/E P/B Price/Sales Payout Ratio
FDX FedEx Corporation $2.6 0.987% $11.91 22.21 3.72 1.46 21.83%
AIRT Air T Inc. $0 0% $0 N/A 2.9 0.492 N/A
EXPD Expeditors International of Washington Inc. $0.9 1.172% $2.73 28.16 6.83 1.869 32.967%
CHRW C.H. Robinson Worldwide Inc. $1.84 2.035% $3.63 24.82 8.51 0.822 50.689%
ATSG Air Transport Services Group Inc $0 0% $1.08 22.44 3.42 1.351 0.0%
UPS United Parcel Service Inc. $3.64 3.106% $6.25 18.68 75.22 1.494 58.24%








Ingersoll-Rand plc (Ireland) (IR)

Industry: Industrial Products
Sector: Industrials

Ingersoll-Rand PLC is a diversified company. It provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, and increase industrial productivity and efficiency.

Ingersoll-Rand plc has declared quarterly dividend of $0.5300 (+17.7780% increase). It goes ex-dividend on 09-06-2018 and is payable on 09-28-2018. Ingersoll-Rand plc has 7 years of consecutive dividend increase.

Price $91.91
Market Cap $22.79 billion
Annualized Dividend $2.12
Yield 2.307%
EPS(TTM) $4.65
Payout Ratio 45.591%
50-day moving average $87.072
200-day moving average $87.448
P/E Ratio 19.82
52 week range $79.63 - $97.67


2-Year Dividend History

DeclaredDate Ex-DividendDate RecordDate PayableDate Qualified Amount
2018-02-07 2018-03-08 2018-03-09 2018-03-30 $0.45
2017-10-03 2017-12-07 2017-12-08 2017-12-29 $0.45
2017-08-04 2017-09-07 2017-09-08 2017-09-29 $0.45
2017-04-05 2017-06-07 2017-06-09 2017-06-30 $0.4
2017-02-08 2017-03-08 2017-03-10 2017-03-31 $0.4
2016-10-06 2016-12-07 2016-12-09 2016-12-30 $0.4
2016-08-05 2016-09-07 2016-09-09 2016-09-30 $0.32
2016-04-06 2016-06-08 2016-06-10 2016-06-30 $0.32


Peer Comparison

Ticker Name Dividend Yield EPS (TTM) P/E P/B Price/Sales Payout Ratio
IR Ingersoll-Rand plc (Ireland) $2.12 2.307% $4.65 19.82 3.19 1.55 45.591%
AAON AAON Inc. $0.32 0.965% $0.84 39.64 7.16 4.194 38.095%
FLS Flowserve Corporation $0.76 1.83% $1.36 30.01 3.23 1.464 55.882%
LII Lennox International Inc. $2.56 1.21% $8.17 25.87 168.55 2.216 31.334%
DOV Dover Corporation $1.88 2.472% $4.49 17.11 2.71 1.516 41.871%
PH Parker-Hannifin Corporation $3.04 1.768% $8.71 19.62 3.9 1.637 34.902%
SPXC SPX Corporation $0 0% $1.84 20.03 4.84 1.123 0.0%
CUO Continental Materials Corporation $0 0% $0 N/A 0.57 0.178 N/A








Caterpillar Inc. (CAT)

Industry: Farm & Construction Machinery
Sector: Industrials

Caterpillar Inc caters to the farming industry in the United States. It manufactures construction & mining equipment, diesel & natural gas engines, industrial gas turbines and diesel-electric locomotives.

Caterpillar Inc. has declared quarterly dividend of $0.8600 (+10.2560% increase). It goes ex-dividend on 07-19-2018 and is payable on 08-20-2018. Caterpillar Inc. has 8 years of consecutive dividend increase.

Price $153.14
Market Cap $91.57 billion
Annualized Dividend $3.44
Yield 2.246%
EPS(TTM) $8.42
Payout Ratio 40.855%
50-day moving average $151.549
200-day moving average $144.748
P/E Ratio 17.82
52 week range $102.305 - $173.24


2-Year Dividend History

DeclaredDate Ex-DividendDate RecordDate PayableDate Qualified Amount
2017-12-13 2018-01-19 2018-01-22 2018-02-20 $0.78
2017-10-11 2017-10-20 2017-10-23 2017-11-20 $0.78
2017-06-14 2017-07-18 2017-07-20 2017-08-19 Q $0.78
2017-04-12 2017-04-20 2017-04-24 2017-05-20 Q $0.77
2016-12-14 2017-01-18 2017-01-20 2017-02-18 Q $0.77
2016-10-12 2016-10-20 2016-10-24 2016-11-19 Q $0.77
2016-06-08 2016-07-18 2016-07-20 2016-08-20 Q $0.77
2016-04-13 2016-04-21 2016-04-25 2016-05-20 Q $0.77


Peer Comparison

Ticker Name Dividend Yield EPS (TTM) P/E P/B Price/Sales Payout Ratio
CAT Caterpillar Inc. $3.44 2.246% $8.42 17.82 6.08 1.907 40.855%
ASTE Astec Industries Inc. $0.4 0.665% $1.79 33.79 1.97 1.169 22.346%
CMI Cummins Inc. $4.32 3.045% $11.57 12.37 3.15 1.09 37.338%
DE Deere & Company $2.76 1.838% $7.34 20.27 4.78 1.528 37.602%
GE General Electric Company $0.48 3.519% $1 13.3 2.16 0.975 48.0%
CNHI CNH Industrial N.V. $0.14 1.197% $0.58 19.86 3.96 0.702 24.138%








Target Corporation (TGT)

Industry: Retail - Defensive
Sector: Consumer Defensive

Target Corp is one of the largest department store retailer in North America. It is engaged in operating general merchandise discount stores.

Target Corporation has declared quarterly dividend of $0.6400 (+3.2260% increase). It goes ex-dividend on 08-14-2018 and is payable on 09-10-2018. Target Corporation has 50 years of consecutive dividend increase.

Price $77.22
Market Cap $41.169 billion
Annualized Dividend $2.56
Yield 3.315%
EPS(TTM) $4.93
Payout Ratio 51.927%
50-day moving average $72.857
200-day moving average $66.259
P/E Ratio 15.67
52 week range $48.56 - $79.59


2-Year Dividend History

DeclaredDate Ex-DividendDate RecordDate PayableDate Qualified Amount
2018-01-11 2018-02-20 2018-02-21 2018-03-10 $0.62
2017-09-21 2017-11-14 2017-11-15 2017-12-10 $0.62
2017-06-14 2017-08-14 2017-08-16 2017-09-10 Q $0.62
2017-03-09 2017-05-15 2017-05-17 2017-06-10 Q $0.6
2017-01-12 2017-02-13 2017-02-15 2017-03-10 Q $0.6
2016-09-21 2016-11-14 2016-11-16 2016-12-10 Q $0.6
2016-06-08 2016-08-15 2016-08-17 2016-09-10 Q $0.6
2016-03-10 2016-05-16 2016-05-18 2016-06-10 Q $0.56


Peer Comparison

Ticker Name Dividend Yield EPS (TTM) P/E P/B Price/Sales Payout Ratio
TGT Target Corporation $2.56 3.315% $4.93 15.67 3.73 0.574 51.927%
TUES Tuesday Morning Corp. $0 0% $-0.82 -3.54 0.7 0.133 N/A
COST Costco Wholesale Corporation $2.28 1.112% $6.01 34.5 7.37 0.656 37.937%
FRED Fred's Inc. $0 0% $-0.62 -3.18 0.36 0.051 N/A
SHLD Sears Holdings Corporation $0 0% $0 N/A 33.39 0.019 N/A
DLTR Dollar Tree Inc. $0 0% $3.9 22.57 2.84 0.929 0.0%
KSS Kohl's Corporation $2.44 3.33% $3.85 19.22 2.36 0.659 63.377%
WMT Walmart Inc. $2.08 2.482% $4.35 19.24 3.28 0.495 47.816%
M Macy's Inc $1.51 4.02% $2.97 12.89 2.02 0.465 50.842%
DG Dollar General Corporation $1.16 1.204% $4.49 21.68 4.15 1.079 25.835%








Universal Health Realty Income Trust (UHT)

Industry: REITs
Sector: Real Estate

Universal Health Realty Income Trust is a health-care REIT. It holds interest in various property portfolios including hospitals, medical office buildings, and child-care centers. It operates its business in the United States.

Universal Health Realty Income Trust has declared quarterly dividend of $0.6700 (+0.7520% increase). It goes ex-dividend on 06-22-2018 and is payable on 07-03-2018. Universal Health Realty Income Trust has 32 years of consecutive dividend increase.

Price $63.3
Market Cap $0.869 billion
Annualized Dividend $2.68
Yield 4.234%
EPS(TTM) $0
Payout Ratio N/A
50-day moving average $60.972
200-day moving average $66.538
P/E Ratio N/A
52 week range $53.001 - $84.9


2-Year Dividend History

DeclaredDate Ex-DividendDate RecordDate PayableDate Qualified Amount
2017-12-06 2017-12-15 2017-12-18 2017-12-29 $0.665
2017-09-07 2017-09-15 2017-09-18 2017-09-29 N $0.66
2017-06-07 2017-06-15 2017-06-19 2017-06-30 N $0.66
2017-03-09 2017-03-16 2017-03-20 2017-03-31 N $0.655
2016-12-01 2016-12-14 2016-12-16 2016-12-30 N $0.655
2016-09-08 2016-09-15 2016-09-19 2016-09-30 N $0.65
2016-06-09 2016-06-16 2016-06-20 2016-06-30 N $0.65
2016-03-03 2016-03-14 2016-03-16 2016-03-31 N $0.645








W.P. Carey Inc. REIT (WPC)

Industry: REITs
Sector: Real Estate

W.P. Carey Inc operates as a self-managed diversified real estate investment trust. The company owns and manages commercial real estate, leased to companies on a long-term basis.

W. P. Carey Inc. has declared quarterly dividend of $1.0200 (+0.4930% increase). It goes ex-dividend on 06-28-2018 and is payable on 07-16-2018. W. P. Carey Inc. has 17 years of consecutive dividend increase.

Price $66.97
Market Cap $7.179 billion
Annualized Dividend $4.06
Yield 6.062%
EPS(TTM) $5.34
Payout Ratio 76.03%
50-day moving average $64.532
200-day moving average $64.421
P/E Ratio 12.55
52 week range $59.23 - $72.41


2-Year Dividend History

DeclaredDate Ex-DividendDate RecordDate PayableDate Qualified Amount
2017-12-06 2017-12-28 2017-12-29 2018-01-16 $1.01
2016-12-07 2017-12-27 2017-12-30 2017-01-13 N $0.99
2017-09-20 2017-09-29 2017-10-02 2017-10-16 $1.005
2017-06-16 2017-06-28 2017-06-30 2017-07-14 $1
2017-03-16 2017-03-29 2017-03-31 2017-04-17 $0.995
2016-12-07 2016-12-28 2016-12-30 2017-01-13 $0.99
2016-09-22 2016-09-29 2016-10-03 2016-10-14 N $0.985
2016-06-16 2016-06-28 2016-06-30 2016-07-15 N $0.98
2016-03-21 2016-03-29 2016-03-31 2016-04-15 N $0.9742


Peer Comparison

Ticker Name Dividend Yield EPS (TTM) P/E P/B Price/Sales Payout Ratio
WPC W.P. Carey Inc. REIT $4.06 6.062% $5.34 12.55 2.24 8.539 76.03%
SLG SL Green Realty Corporation $3.25 3.322% $6.53 15.21 1.35 6.098 49.77%
HPP Hudson Pacific Properties Inc. $1 2.836% $1.95 17.95 1.51 7.514 51.282%
CBRE CBRE Group Inc Class A $0 0% $0 N/A 3.74 1.343 N/A
PGRE Paramount Group Inc. $0.4 2.651% $0.9 16.76 0.87 5.019 44.444%












Note: Data provided for free by IEX



3 comments:

  1. That's a huge increase from FedX DG. I have never owned it since the yield is so low. Tom

    ReplyDelete
  2. Geek -

    Damn FEDEX!!! So awesome. Thanks for sharing.

    -Lanny

    ReplyDelete
  3. Love that IR raise. That stock has been with me for about a decade and I'm not sure why it's not in more DGI portfolios. Solid industrial name that produces great dividend increases plus that ALLE spin off didn't hurt either. It's one of my top performers. Thanks for sharing.

    ReplyDelete