A Dividend Yield Case Study from Snapshot 8
By Larry C. Paxton
During a recent conversation with PhilF, a The PBR1000 Monthly Snapshots subscriber from the Atlanta area, he described some of his strategies for finding stocks in which to consider investing. This quick article is how he has used Dividend Yield as part of his assessment.
Basically, PhilF wanted to consider stocks that had a history of paying out around a 5% to 6% dividend yield, no lower than a 4% dividend yield.
The PBR1000 Monthly Snapshots are a great tool for these types of analyses. In this case the information is easily obtained from The PBR1000 Monthly Snapshot 8: Dividend Yield.
We calculate an Annual Dividend Yield by dividing the total amount of dividends paid in a fiscal year by the stock price at the end of the fiscal year. For example, if ABC Company paid out $1.00 in dividends in 2015, their fiscal year ends on 12/31/15, and the stock price at the close of that day was $20.00/share, the Dividend Yield would be $1.00/$20.00=5%.
The PBR1000 August 2016 Snapshot 8 Summary: Dividend Yield
In August 2016 there were 1,001 companies in The PBR1000. 735 of them paid dividends in FY2015.
The PBR1000 August 2016 Snapshot 8 is sorted by Dividend Yield, from the highest Dividend Yield to the lowest. The Dividend Yield Range for the 735 companies was 101.65%(#1) to 0.03%(#735). The median(#368) was 2.29%.
Those companies that had a FY2015 Dividend Yield of 5% to 6% ranked #65-#92, 28 companies. Of these, 9 had a preceding fiscal year that also had a Dividend Yield of at least 4%.
Here is the table of those results(PBR1000 Rank is by last fiscal year revenues.):
| Company | PBR1000 Rank |
DY Rank | Symbol | DY 2014 | DY 2015 |
|---|---|---|---|---|---|
| HCP |
730 | 67 | HCP | 4.95% | 5.91% |
| Enterprise Products |
98 | 68 |
EPD |
6.89% | 5.90% |
| Mattel |
413 | 75 | MAT | 4.91% | 5.59% |
| Cedar Fair |
977 | 79 | FUN | 5.96% | 5.51% |
| AT&T |
10 | 82 | T | 5.48% | 5.46% |
| Centerpoint Energy |
333 | 84 | CNP | 4.05% | 5.39% |
| Ventas |
605 | 85 | VTR | 4.14% | 5.39% |
| General Cable |
511 | 87 | BGC | 4.83% | 5.36% |
| Mercury General |
650 | 88 | MCY | 4.35% | 5.31% |
As it turns out, all these The PBR1000 Companies have 2016 fiscal year ends in December. The August Snapshots include FY2016 Dividend Yields for The PBR1000 Companies that have fiscal years ending through June 2016.
From this PhilF quickly narrowed down the stocks of interest, did some additional research, and invested in a couple of stocks. But Snapshot 8 helped him in only a few seconds to get the information from which he wanted to start.
To get the full Snapshot 8, as well as all 15 snapshots, you need to be a monthly or significantly discounted annual subscriber. If you are not a current subscriber just click here to go to the PBRMarketTools.com Order page.
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(The PBR1000 provides astute investors and business professionals with the daily news and monthly data/analysis for taking higher probability of success actions. The PBR1000 covers over 1,000 of the largest publicly held companies with principle or administrative headquarters in the US. These companies generate $13 trillion in annual worldwide revenues, more than all other companies in the US combined. These companies are the key drivers in the US and world economies. On a monthly, quarterly, and annual basis several analytical reports in customizable Microsoft Excel format are provided to Subscribers of The PBR1000. Subscribers include C-level executives, entrepreneurs, sales/marketing/advertising professionals, investors/investment advisers, business professors/students, career counselors/job seekers, to name just a few.
PBRMarketTools.com is a news, data, and analysis provider only. We do not make recommendations on investments.)
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