Stressed assets look like big bargains but you have a face a much bigger risk. Today I would like to focus on those stocks that offer less riks due to a strong balance sheet.
Stong balance sheets have many stocks. Some got a fresh capital injection and swim in cash but their business is cyclic and loses money. Those stocks are not the kind of investment I'm looking for.
In today's screen I've focused on stocks with a 10 year consecutive dividend growth. It's a strong indicator for a stable business.
Here are the best yielding results...
Cullen/Frost Bank -- Yield: 3.66%
Cullen/Frost Bank (NYSE:CFR) employs 4,211 people, generates revenue of $749.50 million and has a net income of $279.33 million. The current market capitalization stands at $3.73 billion.Cullen/Frost Bank’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $365.60 million. The EBITDA margin is 34.32% (the operating margin is 30.02% and the net profit margin 26.22%).
Financials: The total debt represents 3.96% of Cullen/Frost Bank assets and the total debt in relation to the equity amounts to 39.12%. Due to the financial situation, a return on equity of 9.92% was realized by Cullen/Frost Bank.
Twelve trailing months earnings per share reached a value of $4.25. Last fiscal year, Cullen/Frost Bank paid $2.10 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.63, the P/S ratio is 3.37 and the P/B ratio is finally 1.31. The dividend yield amounts to 3.66%.
Stock Charts:
Long-Term Stock Price Chart of Cullen/Frost Bank (CFR) |
Long-Term Dividend Payment History of Cullen/Frost Bank (CFR) |
Long-Term Dividend Yield History of Cullen/Frost Bank (CFR) |
Erie Indemnity -- Yield: 3.20%
Erie Indemnity (NASDAQ:ERIE) employs 4,700 people, generates revenue of $6,128.00 million and has a net income of $573.00 million. The current market capitalization stands at $4.83 billion.Erie Indemnity’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $857.00 million. The EBITDA margin is 13.98% (the operating margin is 13.54% and the net profit margin 9.35%).
Financials: The total debt represents 0.00% of Erie Indemnity assets and the total debt in relation to the equity amounts to 0.00%. Due to the financial situation, a return on equity of 23.38% was realized by Erie Indemnity.
Twelve trailing months earnings per share reached a value of $3.25. Last fiscal year, Erie Indemnity paid $2.59 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 28.09, the P/S ratio is 0.78 and the P/B ratio is finally 5.99. The dividend yield amounts to 3.20%.
Stock Charts:
Long-Term Stock Price Chart of Erie Indemnity (ERIE) |
Long-Term Dividend Payment History of Erie Indemnity (ERIE) |
Long-Term Dividend Yield History of Erie Indemnity (ERIE) |
BOK Financial -- Yield: 3.00%
BOK Financial (NASDAQ:BOKF) employs 4,789 people, generates revenue of $766.83 million and has a net income of $292.26 million. The current market capitalization stands at $3.94 billion.BOK Financial’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $516.93 million. The EBITDA margin is 37.73% (the operating margin is 31.50% and the net profit margin 21.33%).
Financials: The total debt represents 4.70% of BOK Financial assets and the total debt in relation to the equity amounts to 45.75%. Due to the financial situation, a return on equity of 8.73% was realized by BOK Financial.
Twelve trailing months earnings per share reached a value of $4.21. Last fiscal year, BOK Financial paid $1.69 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.63, the P/S ratio is 2.77 and the P/B ratio is finally 1.17. The dividend yield amounts to 3.00%.
Stock Charts:
Long-Term Stock Price Chart of BOK Financial (BOKF) |
Long-Term Dividend Payment History of BOK Financial (BOKF) |
Long-Term Dividend Yield History of BOK Financial (BOKF) |
T. Rowe Price Group -- Yield: 2.97%
T. Rowe Price Group (NASDAQ:TROW) employs 5,999 people, generates revenue of $4,200.60 million and has a net income of $1,223.00 million. The current market capitalization stands at $18.36 billion.T. Rowe Price Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,025.20 million. The EBITDA margin is 48.21% (the operating margin is 45.21% and the net profit margin 29.11%).
Financials: The total debt represents 0.00% of T. Rowe Price Group assets and the total debt in relation to the equity amounts to 0.00%. Due to the financial situation, a return on equity of 23.76% was realized by T. Rowe Price Group.
Twelve trailing months earnings per share reached a value of $4.66. Last fiscal year, T. Rowe Price Group paid $2.08 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.57, the P/S ratio is 4.29 and the P/B ratio is finally 3.82. The dividend yield amounts to 2.97%.
Stock Charts:
Long-Term Stock Price Chart of T. Rowe Price Group (TROW) |
Long-Term Dividend Payment History of T. Rowe Price Group (TROW) |
Long-Term Dividend Yield History of T. Rowe Price Group (TROW) |
Tootsie Roll Industries -- Yield: 1.05%
Tootsie Roll Industries (NYSE:TR) employs 2,000 people, generates revenue of $540.11 million and has a net income of $66.13 million. The current market capitalization stands at $2.08 billion.Tootsie Roll Industries’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $111.47 million. The EBITDA margin is 20.64% (the operating margin is 16.86% and the net profit margin 12.24%).
Financials: The total debt represents 0.89% of Tootsie Roll Industries assets and the total debt in relation to the equity amounts to 1.16%. Due to the financial situation, a return on equity of 9.52% was realized by Tootsie Roll Industries.
Twelve trailing months earnings per share reached a value of $1.05. Last fiscal year, Tootsie Roll Industries paid $0.34 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 31.80, the P/S ratio is 3.85 and the P/B ratio is finally 2.99. The dividend yield amounts to 1.05%.
Stock Charts:
Long-Term Stock Price Chart of Tootsie Roll Industries (TR) |
Long-Term Dividend Payment History of Tootsie Roll Industries (TR) |
Long-Term Dividend Yield History of Tootsie Roll Industries (TR) |
17 Stocks With Strong Balance Sheets And Growing Dividends (click to enlarge) |