Many battered companies feature sky-high yields, but that’s simply a product of math — if dividend yield is the payout divided by the stock price, and that stock price gets smaller, the yield will naturally get bigger.
The same can’t be said about dividend aristocrats — stocks with enough financial stability that they’ve been able to raise dividends for at least 25 consecutive years.
That’s as much proof as you can get that a company knows how to handle its cash, and how to spend it on investors, without putting its business in danger.
Of course, many dividend aristocrats still feature piddling yields — some lower than 1%. What’s more enticing to income investors is a dividend aristocrat that not only grows its payouts, but also offers a substantially high yield.
So, today we’ll be looking at such dividend aristocrats that are recording decades of dividend growth while also yielding at least 4%.
These are the results:
HCP -- Yield: 5.71%
HCP (NYSE:HCP) employs 170 people, generates revenue of $2,266.28 million and has a net income of $893.19 million. The current market capitalization stands at $18.31 billion.HCP’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,799.50 million. The EBITDA margin is 79.40% (the operating margin is 58.35% and the net profit margin 39.41%).
Financials: The total debt represents 45.67% of HCP assets and the total debt in relation to the equity amounts to 90.91%. Due to the financial situation, a return on equity of 8.31% was realized by HCP.
Twelve trailing months earnings per share reached a value of $0.80. Last fiscal year, HCP paid $2.18 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 49.73, the P/S ratio is 8.08 and the P/B ratio is finally 1.70. The dividend yield amounts to 5.71%.
Stock Charts:
Long-Term Stock Price Chart of HCP (HCP) |
Long-Term Dividend Payment History of HCP (HCP) |
Long-Term Dividend Yield History of HCP (HCP) |
AT&T -- Yield: 5.53%
AT&T (NYSE:T) employs 250,730 people, generates revenue of $132,447.00 million and has a net income of $6,518.00 million. The current market capitalization stands at $209.26 billion.AT&T’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $32,139.00 million. The EBITDA margin is 24.27% (the operating margin is 8.87% and the net profit margin 4.92%).
Financials: The total debt represents 28.03% of AT&T assets and the total debt in relation to the equity amounts to 95.02%. Due to the financial situation, a return on equity of 7.02% was realized by AT&T.
Twelve trailing months earnings per share reached a value of $1.02. Last fiscal year, AT&T paid $1.84 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 33.25, the P/S ratio is 1.58 and the P/B ratio is finally 2.04. The dividend yield amounts to 5.53%.
Stock Charts:
Long-Term Stock Price Chart of AT&T (T) |
Long-Term Dividend Payment History of AT&T (T) |
Long-Term Dividend Yield History of AT&T (T) |
Universal Health Realty Income Trust -- Yield: 5.28%
Universal Health Realty Income Trust (NYSE:UHT) employs people, generates revenue of $59.79 million and has a net income of $51.55 million. The current market capitalization stands at $645.15 million.Universal Health Realty Income Trust’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $40.45 million. The EBITDA margin is 67.66% (the operating margin is 86.23% and the net profit margin 86.23%).
Financials: The total debt represents 49.70% of Universal Health Realty Income Trust assets and the total debt in relation to the equity amounts to 104.19%. Due to the financial situation, a return on equity of 27.85% was realized by Universal Health Realty Income Trust.
Twelve trailing months earnings per share reached a value of $4.60. Last fiscal year, Universal Health Realty Income Trust paid $2.52 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.65, the P/S ratio is 10.79 and the P/B ratio is finally 3.15. The dividend yield amounts to 5.28%.
Stock Charts:
Long-Term Stock Price Chart of Universal Health Realty Income Trust (UHT) |
Long-Term Dividend Payment History of Universal Health Realty Income Trust (UHT) |
Long-Term Dividend Yield History of Universal Health Realty Income Trust (UHT) |
Chevron -- Yield: 4.93%
Chevron (NYSE:CVX) employs 64,700 people, generates revenue of $199,941.00 million and has a net income of $19,310.00 million. The current market capitalization stands at $163.32 billion.Chevron’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $40,359.00 million. The EBITDA margin is 20.19% (the operating margin is 11.79% and the net profit margin 9.66%).
Financials: The total debt represents 10.46% of Chevron assets and the total debt in relation to the equity amounts to 17.94%. Due to the financial situation, a return on equity of 12.65% was realized by Chevron.
Twelve trailing months earnings per share reached a value of $6.46. Last fiscal year, Chevron paid $4.21 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.28, the P/S ratio is 0.82 and the P/B ratio is finally 1.05. The dividend yield amounts to 4.93%.
Stock Charts:
Long-Term Stock Price Chart of Chevron (CVX) |
Long-Term Dividend Payment History of Chevron (CVX) |
Long-Term Dividend Yield History of Chevron (CVX) |
National Retail Properties -- Yield: 4.69%
National Retail Properties (NYSE:NNN) employs 64 people, generates revenue of $434.85 million and has a net income of $179.78 million. The current market capitalization stands at $4.99 billion.National Retail Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $383.17 million. The EBITDA margin is 88.12% (the operating margin is 61.23% and the net profit margin 41.34%).
Financials: The total debt represents 35.34% of National Retail Properties assets and the total debt in relation to the equity amounts to 56.48%. Due to the financial situation, a return on equity of 6.07% was realized by National Retail Properties.
Twelve trailing months earnings per share reached a value of $1.15. Last fiscal year, National Retail Properties paid $1.65 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 32.28, the P/S ratio is 11.48 and the P/B ratio is finally 1.95. The dividend yield amounts to 4.69%.
Stock Charts:
Long-Term Stock Price Chart of National Retail Properties (NNN) |
Long-Term Dividend Payment History of National Retail Properties (NNN) |
Long-Term Dividend Yield History of National Retail Properties (NNN) |
Mercury General -- Yield: 4.57%
Mercury General (NYSE:MCY) employs 4,400 people, generates revenue of $3,011.77 million and has a net income of $177.95 million. The current market capitalization stands at $2.98 billion.Mercury General’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $804.37 million. The EBITDA margin is 26.71% (the operating margin is 8.30% and the net profit margin 5.91%).
Financials: The total debt represents 6.30% of Mercury General assets and the total debt in relation to the equity amounts to 15.46%. Due to the financial situation, a return on equity of 9.62% was realized by Mercury General.
Twelve trailing months earnings per share reached a value of $0.84. Last fiscal year, Mercury General paid $2.46 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 64.51, the P/S ratio is 0.99 and the P/B ratio is finally 1.59. The dividend yield amounts to 4.57%.
Stock Charts:
Long-Term Stock Price Chart of Mercury General (MCY) |
Long-Term Dividend Payment History of Mercury General (MCY) |
Long-Term Dividend Yield History of Mercury General (MCY) |
Bowl America -- Yield: 4.54%
Bowl America (NYSEMKT:BWL.A) employs 250 people, generates revenue of $22.78 million and has a net income of $1.37 million. The current market capitalization stands at $77.36 million.Bowl America’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2.52 million. The EBITDA margin is 11.07% (the operating margin is 5.30% and the net profit margin 6.03%).
Financials: The total debt represents 0.00% of Bowl America assets and the total debt in relation to the equity amounts to 0.00%. Due to the financial situation, a return on equity of 4.58% was realized by Bowl America.
Twelve trailing months earnings per share reached a value of $0.28. Last fiscal year, Bowl America paid $0.66 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 52.94, the P/S ratio is 3.40 and the P/B ratio is finally 2.67. The dividend yield amounts to 4.54%.
Stock Charts:
Long-Term Stock Price Chart of Bowl America (BWL.A) |
Long-Term Dividend Payment History of Bowl America (BWL.A) |
Long-Term Dividend Yield History of Bowl America (BWL.A) |
Old Republic International -- Yield: 4.46%
Old Republic International (NYSE:ORI) employs 8,000 people, generates revenue of $5,530.70 million and has a net income of $409.70 million. The current market capitalization stands at $4.34 billion.Old Republic International’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $661.40 million. The EBITDA margin is 11.96% (the operating margin is 11.49% and the net profit margin 7.41%).
Financials: The total debt represents 5.68% of Old Republic International assets and the total debt in relation to the equity amounts to 24.59%. Due to the financial situation, a return on equity of 10.64% was realized by Old Republic International.
Twelve trailing months earnings per share reached a value of $1.24. Last fiscal year, Old Republic International paid $0.73 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.47, the P/S ratio is 0.78 and the P/B ratio is finally 1.10. The dividend yield amounts to 4.46%.
Stock Charts:
Long-Term Stock Price Chart of Old Republic International (ORI) |
Long-Term Dividend Payment History of Old Republic International (ORI) |
Long-Term Dividend Yield History of Old Republic International (ORI) |
Helmerich & Payne -- Yield: 4.41%
Helmerich & Payne (NYSE:HP) employs 11,901 people, generates revenue of $3,719.71 million and has a net income of $708.77 million. The current market capitalization stands at $6.71 billion.Helmerich & Payne’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,558.75 million. The EBITDA margin is 41.91% (the operating margin is 28.36% and the net profit margin 19.05%).
Financials: The total debt represents 1.18% of Helmerich & Payne assets and the total debt in relation to the equity amounts to 1.62%. Due to the financial situation, a return on equity of 15.10% was realized by Helmerich & Payne.
Twelve trailing months earnings per share reached a value of $5.60. Last fiscal year, Helmerich & Payne paid $2.62 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.80, the P/S ratio is 1.80 and the P/B ratio is finally 1.38. The dividend yield amounts to 4.41%.
Stock Charts:
Long-Term Stock Price Chart of Helmerich & Payne (HP) |
Long-Term Dividend Payment History of Helmerich & Payne (HP) |
Long-Term Dividend Yield History of Helmerich & Payne (HP) |
Universal -- Yield: 4.24%
Universal (NYSE:UVV) employs 27,000 people, generates revenue of $2,271.80 million and has a net income of $120.46 million. The current market capitalization stands at $1.11 billion.Universal’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $196.65 million. The EBITDA margin is 8.66% (the operating margin is 7.39% and the net profit margin 5.30%).
Financials: The total debt represents 19.55% of Universal assets and the total debt in relation to the equity amounts to 31.54%. Due to the financial situation, a return on equity of 8.61% was realized by Universal.
Twelve trailing months earnings per share reached a value of $3.57. Last fiscal year, Universal paid $2.06 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.67, the P/S ratio is 0.49 and the P/B ratio is finally 0.96. The dividend yield amounts to 4.24%.
Stock Charts:
Long-Term Stock Price Chart of Universal (UVV) |
Long-Term Dividend Payment History of Universal (UVV) |
Long-Term Dividend Yield History of Universal (UVV) |
Northwest Natural Gas -- Yield: 4.15%
Northwest Natural Gas (NYSE:NWN) employs 1,103 people, generates revenue of $754.04 million and has a net income of $58.69 million. The current market capitalization stands at $1.23 billion.Northwest Natural Gas’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $232.66 million. The EBITDA margin is 30.85% (the operating margin is 18.96% and the net profit margin 7.78%).
Financials: The total debt represents 29.25% of Northwest Natural Gas assets and the total debt in relation to the equity amounts to 116.82%. Due to the financial situation, a return on equity of 7.73% was realized by Northwest Natural Gas.
Twelve trailing months earnings per share reached a value of $1.84. Last fiscal year, Northwest Natural Gas paid $1.85 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 24.12, the P/S ratio is 1.63 and the P/B ratio is finally 1.59. The dividend yield amounts to 4.15%.
Stock Charts:
Long-Term Stock Price Chart of Northwest Natural Gas (NWN) |
Long-Term Dividend Payment History of Northwest Natural Gas (NWN) |
Long-Term Dividend Yield History of Northwest Natural Gas (NWN) |