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10 Stocks, 2 Funds Hiked Dividends Last Week

Published 07/14/2013, 05:54 AM
Updated 07/09/2023, 06:31 AM

The number of dividend hikers remains low. Only 10 stocks and two additional funds announced increases to their dividend payments last week.

On the list are some well known big players like ConocoPhilips, Walgreen, Paychex or Cummins. It’s ever good to see that some stocks keep their dividend growth path. Seven of the results have a current buy or better rating.

ConocoPhillips (COP) has a market capitalization of $79.28 billion. The company employs 17,100 people, generates revenue of $62.004 billion and has a net income of $7.481 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $22.309 billion. The EBITDA margin is 35.98 percent (the operating margin is 24.87 percent and the net profit margin 12.07 percent).

Financial Analysis: The total debt represents 18.55 percent of the company’s assets and the total debt in relation to the equity amounts to 45.27 percent. Due to the financial situation, a return on equity of 13.09 percent was realized. Twelve trailing months earnings per share reached a value of $5.86. Last fiscal year, the company paid $2.64 in the form of dividends to shareholders. COP announced a dividend hike of 4.5 percent last week.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 11.06, the P/S ratio is 1.28 and the P/B ratio is finally 1.65. The dividend yield amounts to 4.26 percent and the beta ratio has a value of 1.15.
Long-Term Stock Price Chart Of ConocoPhillips (COP)
Long-Term Dividend Payment History of ConocoPhillips (COP)
Long-Term Dividend Yield History of ConocoPhillips (COP)
Walgreen Company (WAG) has a market capitalization of $46.08 billion. The company employs 171,000 people, generates revenue of $71.633 billion and has a net income of $2.127 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4.672 billion. The EBITDA margin is 6.52 percent (the operating margin is 4.84 percent and the net profit margin 2.97 percent).

Financial Analysis: The total debt represents 16.11 percent of the company’s assets and the total debt in relation to the equity amounts to 29.57 percent. Due to the financial situation, a return on equity of 12.86 percent was realized. Twelve trailing months earnings per share reached a value of $2.27. Last fiscal year, the company paid $0.95 in the form of dividends to shareholders. WAG announced a dividend hike of 14.5 percent last week.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 21.46, the P/S ratio is 0.64 and the P/B ratio is finally 2.52. The dividend yield amounts to 2.58 percent and the beta ratio has a value of 1.10.
Long-Term Stock Price Chart Of Walgreen Company (WAG)
Long-Term Dividend Payment History of Walgreen Company (WAG)
Long-Term Dividend Yield History of Walgreen Company (WAG)
Enterprise Products Partners (EPD) has a market capitalization of $59.37 billion. The company employs 6,600 people, generates revenue of $42.583 billion and has a net income of $2.428 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4.030 billion. The EBITDA margin is 9.46 percent (the operating margin is 7.30 percent and the net profit margin 5.70 percent).

Financial Analysis: The total debt represents 45.09 percent of the company’s assets and the total debt in relation to the equity amounts to 122.86 percent. Due to the financial situation, a return on equity of 19.13 percent was realized. Twelve trailing months earnings per share reached a value of $2.80. Last fiscal year, the company paid $2.57 in the form of dividends to shareholders. EPD announced a dividend hike of 1.5 percent last week.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 23.02, the P/S ratio is 1.39 and the P/B ratio is finally 4.44. The dividend yield amounts to 4.21 percent and the beta ratio has a value of 0.64.
Long-Term Stock Price Chart Of Enterprise Products Partners (EPD)
Long-Term Dividend Payment History of Enterprise Products Partners (EPD)
Long-Term Dividend Yield History of Enterprise Products Partners (EPD)
Cummins (NYSE:CMI) has a market capitalization of $21.89 billion. The company employs 46,000 people, generates revenue of $17.334 billion and has a net income of $1.738 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2.307 billion. The EBITDA margin is 13.31 percent (the operating margin is 13.00 percent and the net profit margin 10.03 percent).

Financial Analysis: The total debt represents 6.18 percent of the company’s assets and the total debt in relation to the equity amounts to 11.74 percent. Due to the financial situation, a return on equity of 27.20 percent was realized. Twelve trailing months earnings per share reached a value of $7.78. Last fiscal year, the company paid $1.80 in the form of dividends to shareholders. CMI announced a dividend hike of 25.0 percent last week.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 14.84, the P/S ratio is 1.26 and the P/B ratio is finally 3.32. The dividend yield amounts to 2.17 percent and the beta ratio has a value of 1.94.
Long-Term Stock Price Chart Of Cummins (CMI)
Long-Term Dividend Payment History of Cummins (CMI)
Long-Term Dividend Yield History of Cummins (CMI)
Take a closer look at the full table of stocks with recent dividend hikes. The average dividend growth amounts to 126.41 percent and the average dividend yield amounts to 2.70 percent. Stocks from the sheet are valuated with a P/E ratio of 18.92. The average P/S ratio is 1.44 and P/B 3.25.

Here is the table of the latest dividend growth stocks:
Dividend Growth Stocks From Last Week


Ticker Company
Related Stock Ticker:
ETF, ALK, ASMI, CVLY, COP, CMI, EPD, FAST, FEN, GEL, PAXY, PAA, WAG

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