Some of the criteria we will look for are:
-Seven years of increasing dividends
-Seven-year dividend growth rate greater than 10%
-Current earnings growth above the three-year average
-A reduction in liabilities/assets on the quarterly report
-Yield greater than 3 percent
-Payout ratio less than 50% (or 85% for utility companies)
Here are the results:
Avista Corporation (AVA)
Dividend yield of 4.3%
Darden Restaurants (DRI)
Dividend yield at 3.3%
Procter & Gamble (PG)
3.2% expected dividend yield
Wisconsin Energy Corporation (WEC)
Dividend yield of 3.3%
Related Stock Ticker:
AVA, DRI, PG, WEC
Source: Seeking Alpha