In The Intelligent Investor, he told investors to look for stock prices at or below 15-times earnings, and at or below 1.5-times book value.
I like to adjust this rule in order to limit the results from my screen.
Here are more restrictions of my screen:
- Dividend Achiever
- Forward P/E under 15
- P/B under 2
- 5 Year Future EPS Forecasted Growth Over 5% yearly
- Debt to equity under 0.5
Exactly 20 stocks fulfilled the above mentioned criteria of which 6 yield over 3%.
Attached I've tried to compile a few stocks that might match these criteria within the Dividend Achievers space. You will also find the best yielding stocks from the screen as a detailed snapshot.
Banks and insurer are dominating the screening results.
Here are the results...
Old Republic -- Yield: 4.10%
Old Republic (NYSE:ORI) employs 8,200 people, generates revenue of $5,765.90 million and has a net income of $422.20 million. The current market capitalization stands at $4.77 billion.Old Republic’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $700.30 million. The EBITDA margin is 12.15% (the operating margin is 11.68% and the net profit margin 7.32%).
Financials: The total debt represents 5.62% of Old Republic assets and the total debt in relation to the equity amounts to 24.78%. Due to the financial situation, a return on equity of 10.82% was realized by Old Republic.
Twelve trailing months earnings per share reached a value of $1.46. Last fiscal year, Old Republic paid $0.74 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.48, the P/S ratio is 0.83 and the P/B ratio is finally 1.23. The dividend yield amounts to 4.10%.
Stock Charts:
Long-Term Stock Price Chart of Old Republic (ORI) |
Long-Term Dividend Payment History of Old Republic (ORI) |
Long-Term Dividend Yield History of Old Republic (ORI) |
Donegal Group -- Yield: 3.75%
Donegal Group (NASDAQ:DGICA) employs 410 people, generates revenue of $636.39 million and has a net income of $20.99 million. The current market capitalization stands at $361.00 million.Donegal Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $134.96 million. The EBITDA margin is 21.21% (the operating margin is 4.51% and the net profit margin 3.30%).
Financials: The total debt represents 5.62% of Donegal Group assets and the total debt in relation to the equity amounts to 21.17%. Due to the financial situation, a return on equity of 5.09% was realized by Donegal Group.
Twelve trailing months earnings per share reached a value of $0.76. Last fiscal year, Donegal Group paid $0.54 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.79, the P/S ratio is 0.58 and the P/B ratio is finally 0.92. The dividend yield amounts to 3.75%.
Stock Charts:
Long-Term Stock Price Chart of Donegal Group (DGICA) |
Long-Term Dividend Payment History of Donegal Group (DGICA) |
Long-Term Dividend Yield History of Donegal Group (DGICA) |
Cullen/Frost Bank -- Yield: 3.65%
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 $3.62 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 13.68, the P/S ratio is 3.38 and the P/B ratio is finally 1.31. The dividend yield amounts to 3.65%.
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) |
Republic Bancorp -- Yield: 3.07%
Republic Bancorp (NASDAQ:RBCAA) employs 771 people, generates revenue of $142.43 million and has a net income of $35.17 million. The current market capitalization stands at $547.10 million.Republic Bancorp’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $75.38 million. The EBITDA margin is 43.83% (the operating margin is 30.96% and the net profit margin 20.45%).
Financials: The total debt represents 10.32% of Republic Bancorp assets and the total debt in relation to the equity amounts to 75.74%. Due to the financial situation, a return on equity of 6.20% was realized by Republic Bancorp.
Twelve trailing months earnings per share reached a value of $1.68. Last fiscal year, Republic Bancorp paid $0.78 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 15.47, the P/S ratio is 3.14 and the P/B ratio is finally 0.93. The dividend yield amounts to 3.07%.
Stock Charts:
Long-Term Stock Price Chart of Republic Bancorp (RBCAA) |
Long-Term Dividend Payment History of Republic Bancorp (RBCAA) |
Long-Term Dividend Yield History of Republic Bancorp (RBCAA) |
BOK Financial -- Yield: 3.02%
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 $3.79 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 13.58, the P/S ratio is 2.75 and the P/B ratio is finally 1.16. The dividend yield amounts to 3.02%.
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) |
20 Dividend Achiervers With Deep Values (click to enlarge) |