Category: 2016

My monthly investing update

THE BEST U.S. DIVIDEND STOCKS FOR OCTOBER

If you are like me, you probably find it tough to dig through the mountains of information floating out there on the interweb. With so many opinions of what you should buy, it’s easy to get overwhelmed. Well, fear not, I have done a bit of the heavy lifting to (hopefully) find some of the best U.S. dividend stocks for the October!

This is my list of October U.S. Dividend Kings.

About my list

There are over 5000 stocks on the U.S. exchanges and only 6 made my October list! As you can see by the list below, it’s not easy being a U.S. Dividend King and these stocks all had to pass a series of test to make it on the list.

The Criteria

The company must have 25 or more years of uninterrupted dividend growth.
The company must have a Graham number greater than its current share price.
Its payout ratio must be under 70%
Its P/E ratio must be under 15
The company must have a price to book ratio under 2

OCTOBER US DIVIDEND KINGS

	Ticker	Streak	Yield	Price	Graham Value	P/E	EPS	Dividend	Payout %	P/Book	Div/Gr 10Yr
1	CTBI	36	3.45	37.11	$40.87	14.06	2.64	1.28	48.48	1.32	3.3
2	ORI	35	4.26	17.62	$24.15	11.52	1.53	0.75	49.02	1.04	3.8
3	AFL	33	2.28	71.87	$86.63	11.82	6.08	1.64	26.97	1.31	13.6
4	EFSI	29	3.41	23.45	$33.98	10.61	2.21	0.80	36.20	1.01	4.8
5	THFF	28	2.46	40.68	$47.60	13.70	2.97	1.00	33.67	1.20	2.1
6	CPKF	25	2.54	19.68	$26.91	12.54	1.57	0.50	31.85	0.96	8.2

These are the companies that made it onto the list.

Ticker	Company Name	Industry
CTBI	Community Trust Banc.	Banking
ORI	Old Republic International	Insurance
AFL	AFLAC Inc.	Insurance
EFSI	Eagle Financial Services	Banking
THFF	First Financial Corp.	Banking
CPKF	Chesapeake Financial Shares	Banking

Changes to the list

The only move to this month’s list was the expulsion of BEN 🙁 I own this company so it pains me to do it, but I must be true to the metrics in place. The reason BEN fell off the list is because it is trading $0.18 above the Benjamin Graham number for intrinsic value. Ben will make into my honorable mentions list below.

Honorable mentions

	Ticker	Streak	Yield	Price	Graham Value	P/E	EPS	Dividend	Payout %	P/Book	Div/Gr 10Yr
7	SRCE	28	2.02	35.69	$35.33	16.52	2.16	0.72	33.33	1.39	5.2
8	UVV	45	3.64	58.22	$61.75	17.86	3.26	2.12	65.03	1.12	2.2
9	ADM	41	2.85	42.17	$40.77	17.07	2.47	1.20	48.58	1.41	12.7
10	BEN	36	2.02	35.57	$35.20	13.13	2.71	0.72	26.57	1.75	16.2

Ticker	Company Name	Industry	REASON
SRCE	1st Source Corp.	Banking	P/E above 15
UVV	Universal Corp.	Tobacco	P/E above 15
ADM	Archer Daniels Midland	Agriculture	P/E above 15
BEN	Franklin Resources	Financial Services	Graham Number below market price

Final Thoughts

The best way to use my U.S. Dividend Kings list is as a starting point for your own research. Don’t feel confined to my methods. Look up the values that mean the most to you. Like any screening method , the purpose of my list is to help you dig through the stock market to find some of the best U.S. dividend stocks, which can then be further researched by you.

Disclosure. I’m long BEN and ORI and may or may not purchase shares in any of the stocks in this post.

Resources from: Morningstar, Google Finance, Zacks,

The U.S. Dividend Champions are maintained by Dave Fish of Moneypaper’s DirectInvesting.com.

October 19, 2016

THE BEST CANADIAN DIVIDEND STOCKS FOR OCTOBER 2016

It’s time again for my monthly CANADIAN DIVIDEND KINGS list. It’s not always easy to dig through the mountains of information to try to find some hidden gems out there. Hopefully, to make it easier, I have compiled a list of the best Canadian dividend stocks using some basic metrics. My hope is that this list provides a starting point for you to do you own research.

About my list

There are over 1500 stocks on the TSX and only 13 made my October list. As you can see by the list below, it’s not easy being a Canadian Dividend King and these stocks all had to pass a series of test to make it on the list.

The Criteria

The company must have 5 or more years of uninterrupted dividend growth.
The company must have a Graham number greater than its current share price.
Its payout ratio must be under 70%
Its P/E ratio must be under 15
The company must have a price to book ratio under 2

OCTOBER CANADIAN DIVIDEND KINGS

#	Ticker	Streak	Yield	Price	Graham Value	TTM P/E	EPS	Annual Dividend	Payout %Ratio	P/Book	Div/Gr 10yr
1	CWB.TO	24	3.64	$25.25	$34.40	11.22	2.25	0.92	40.89	1.08	15.7
2	HCG.TO	17	3.56	$27.00	$46.23	6.85	3.94	0.96	24.37	1.12	26.3
3	TCL-A.TO	14	4.20	$17.62	$26.96	7.28	2.42	0.74	30.58	1.32	12.3
4	ACD.TO	10	3.97	$9.06	$14.00	8.97	1.01	0.36	35.64	1.05	6.9
5	XTC.TO	10	2.31	$12.10	$12.64	10.90	1.11	0.28	25.23	1.89	17.0
6	NA.TO	6	4.73	$46.52	$46.99	13.45	3.46	2.20	63.58	1.64	8.9
7	WJA.TO	6	2.44	$22.92	$29.38	9.71	2.36	0.56	23.73	1.41	n/a
8	BNS.TO	5	4.26	$69.52	$72.97	12.30	5.65	2.96	52.39	1.66	7.5
9	CM.TO	5	4.76	$101.73	$112.89	9.88	10.30	4.84	46.99	1.85	5.1
10	EQB.TO	5	1.43	$58.86	$92.09	7.72	7.62	0.84	11.02	1.19	9.0
11	GRT-UN.TO	5	6.08	$40.08	$59.70	9.75	4.11	2.44	59.27	1.04	13.4
12	TD.TO	5	3.78	$58.24	$59.68	13.15	4.43	2.20	49.66	1.63	9.7
13	TFI.TO	5	2.50	$27.17	$46.74	4.27	6.36	0.68	10.69	1.78	(6.2)

Canadian Western Bank. Banks
Home Capital Group. – Banks
Transcontinental.- Publishing
Accord Financial Corp. -Credit Service
Exco Technologies.-Auto Parts
National Bank Banks – Regional – Canada (new)
Westjet Airlines Ltd. -Airlines
Bank of Nova Scotia.- Banks
Canadian Imperial Bank of Commerce.-Banks
Equitable Group. – Finance
Granite Real Estate Investment Trust REIT. – Industrial
Toronto Dominion Bank.-Banks
Transforce Inc. Trucking (new)

New to the list

National Bank. Banks (new).

The National Bank of Canada is the sixth largest commercial bank in Canada. It is headquartered in Montreal, and has branches in most Canadian provinces and 2.4 million personal clients.

Transforce Inc. Trucking (new)

Transforce is a Canadian transport and logistics company based in Montreal, Quebec. It operates across Canada through 4 business segments, and in parts of the United States through partnerships

Off the list

Genworth MI Canada Inc. Insurance
Laurentian Bank Of Canada. -Banks

Final Thoughts

The best way to use my Canadian Dividend Kings list is as a starting point for your own research. Don’t feel confined to my methods. Look up the values that mean the most to you. Like any screening method , the purpose of the Canadian Dividend Kings list is to help you dig through the stock market to find some hidden gems, which can then be further research by you.

Disclosure. I’m long CWB and may or may not purchase shares in any of the stocks in this post.

Resources from: Morningstar, Google Finance, Zacks,

Canadian dividend champion list provided and maintained by dividendgrowthinvestingandretirement

October 17, 2016

September U.S. Dividend Kings list

It’s never easy being a retail investor trying to dig through the mountains of information searching for a deal. We don’t have a staff to read every company’s financial reports and comb through their balance sheets. Well, fear not, I have done a bit of the heavy lifting to (hopefully) find some diamonds in the rough! This is my list of September U.S. Dividend Kings.

About my list

There are over 5000 stocks on the U.S. exchanges and only 7 made my September list! As you can see by the list below, it’s not easy being a U.S. Dividend King and these stocks all had to pass a series of test to make it on the list.

The Criteria

The company must have 25 or more years of uninterrupted dividend growth.
The company must have a Graham number greater than its current share price. *I considered BEN close enough (cough,cough I’m long BEN)
Its payout ratio must be under 70%
Its P/E ratio must be under 15
The company must have a price to book ratio under 2

	Ticker Symbol	Streak Years	Div Yield	Aug 31 Price	Graham Value	TTM P/E	TTM EPS	Ann Dividend	Payout Ratio	P/Book	5-yr DRG
1	EFSI	29	3.37	$23.75	$33.86	10.75	$2.21	$0.80	36.20	1.03	3
2	CPKF	25	2.37	$21.10	$26.90	13.44	$1.57	$0.50	31.85	1.03	9.3
3	ORI	35	3.90	$19.23	$24.10	12.57	$1.53	$0.75	49.02	1.14	1.4
4	AFL	33	2.21	$74.18	$86.70	12.20	$6.08	$1.64	26.97	1.35	6.7
5	THFF	28	2.45	$40.88	$47.52	13.76	$2.97	$1.00	33.67	1.21	1.5
6	CTBI	36	3.47	$36.86	$40.88	13.96	$2.64	$1.28	48.48	1.31	1.9
7	BEN	36	1.97	$36.50	$35.26	13.47	$2.71	$0.72	26.57	1.79	15.4

These are the companies that made it onto the list.

Ticker	Company name	Industry
EFSI	Eagle Financial Services	Banking
CPKF	Chesapeake Financial Shares	Banking
ORI	Old Republic International	Insurance
AFL	AFLAC Inc.	Insurance
THFF	First Financial Corp.	Banking
CTBI	Community Trust Banc.	Banking
BEN	Franklin Resources	Financial Services

Final Thoughts

The best way to use my U.S. Dividend Kings list is as a starting point for your own research. Don’t feel confined to my methods. Look up the values that mean the most to you. Like any screening method , the purpose of the U.S. Dividend Kings list is to help you dig through the stock market to find some hidden gems, which can then be further research by you.

Disclosure. I’m long BEN and ORI and may or may not purchase shares in any of the stocks in this post.

Resources from: Morningstar, Google Finance, Zacks,

The U.S. Dividend Champions are maintained by Dave Fish of Moneypaper’s DirectInvesting.com.

September 15, 2016