Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, strong balance sheet and some value characteristics. Further, a history of strong dividend growth indicates that a future hike is likely, which makes the portfolio safer.
Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock.
Here are the screening results of our latest dividend growth screen of stock that could deliver solid returns for the mid- and long-term:
Campbell Soup -- Yield: 2.43%
Campbell Soup (NYSE:CPB) employs 16,500 people, generates revenue of $7,961.00 million and has a net income of $563.00 million. The current market capitalization stands at $17.58 billion.Campbell Soup’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,446.00 million. The EBITDA margin is 18.16% (the operating margin is 11.86% and the net profit margin 7.07%).
Financials: The total debt represents 45.08% of Campbell Soup assets and the total debt in relation to the equity amounts to 231.67%. Due to the financial situation, a return on equity of 38.75% was realized by Campbell Soup.
Twelve trailing months earnings per share reached a value of $2.12. Last fiscal year, Campbell Soup paid $1.25 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 26.78, the P/S ratio is 2.23 and the P/B ratio is finally 11.64. The dividend yield amounts to 2.43%.
Stock Charts:
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| Long-Term Stock Price Chart of Campbell Soup (CPB) |
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| Long-Term Dividend Payment History of Campbell Soup (CPB) |
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| Long-Term Dividend Yield History of Campbell Soup (CPB) |
Southwest Gas -- Yield: 2.36%
Southwest Gas (NYSE:SWX) employs 2,219 people, generates revenue of $2,463.62 million and has a net income of $139.43 million. The current market capitalization stands at $3.56 billion.Southwest Gas’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $558.44 million. The EBITDA margin is 22.67% (the operating margin is 11.70% and the net profit margin 5.66%).
Financials: The total debt represents 29.65% of Southwest Gas assets and the total debt in relation to the equity amounts to 99.64%. Due to the financial situation, a return on equity of 8.97% was realized by Southwest Gas.
Twelve trailing months earnings per share reached a value of $3.20. Last fiscal year, Southwest Gas paid $1.62 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 23.14, the P/S ratio is 1.47 and the P/B ratio is finally 2.26. The dividend yield amounts to 2.36%.
Stock Charts:
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| Long-Term Stock Price Chart of Southwest Gas (SWX) |
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| Long-Term Dividend Payment History of Southwest Gas (SWX) |
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| Long-Term Dividend Yield History of Southwest Gas (SWX) |
Axis Capital -- Yield: 2.26%
Axis Capital (NYSE:AXS) employs 1,225 people, generates revenue of $4,203.03 million and has a net income of $641.63 million. The current market capitalization stands at $5.40 billion.Axis Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,456.35 million. The EBITDA margin is 34.65% (the operating margin is 14.12% and the net profit margin 15.27%).
Financials: The total debt represents 4.96% of Axis Capital assets and the total debt in relation to the equity amounts to 16.91%. Due to the financial situation, a return on equity of 11.53% was realized by Axis Capital.
Twelve trailing months earnings per share reached a value of $5.04. Last fiscal year, Axis Capital paid $1.22 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.11, the P/S ratio is 1.30 and the P/B ratio is finally 1.13. The dividend yield amounts to 2.26%.
Stock Charts:
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| Long-Term Stock Price Chart of Axis Capital (AXS) |
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| Long-Term Dividend Payment History of Axis Capital (AXS) |
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| Long-Term Dividend Yield History of Axis Capital (AXS) |
Dicks Sporting Goods -- Yield: 1.01%
Dicks Sporting Goods (NYSE:DKS) employs 13,100 people, generates revenue of $7,270.96 million and has a net income of $330.39 million. The current market capitalization stands at $6.76 billion.Dicks Sporting Goods’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $728.79 million. The EBITDA margin is 10.02% (the operating margin is 7.36% and the net profit margin 4.54%).
Financials: The total debt represents 0.17% of Dicks Sporting Goods assets and the total debt in relation to the equity amounts to 0.33%. Due to the financial situation, a return on equity of 18.25% was realized by Dicks Sporting Goods.
Twelve trailing months earnings per share reached a value of $2.89. Last fiscal year, Dicks Sporting Goods paid $0.55 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 20.46, the P/S ratio is 0.93 and the P/B ratio is finally 3.76. The dividend yield amounts to 1.01%.
Stock Charts:
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| Long-Term Stock Price Chart of Dicks Sporting Goods (DKS) |
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| Long-Term Dividend Payment History of Dicks Sporting Goods (DKS) |
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| Long-Term Dividend Yield History of Dicks Sporting Goods (DKS) |
EnerSys -- Yield: 0.88%
EnerSys (NYSE:ENS) employs 9,400 people, generates revenue of $2,316.25 million and has a net income of $131.82 million. The current market capitalization stands at $3.47 billion.EnerSys’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $315.00 million. The EBITDA margin is 13.60% (the operating margin is 9.07% and the net profit margin 5.69%).
Financials: The total debt represents 28.39% of EnerSys assets and the total debt in relation to the equity amounts to 62.05%. Due to the financial situation, a return on equity of 13.27% was realized by EnerSys.
Twelve trailing months earnings per share reached a value of $3.12. Last fiscal year, EnerSys paid $0.70 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 25.50, the P/S ratio is 1.48 and the P/B ratio is finally 3.37. The dividend yield amounts to 0.88%.
Stock Charts:
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| Long-Term Stock Price Chart of EnerSys (ENS) |
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| Long-Term Dividend Payment History of EnerSys (ENS) |
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| Long-Term Dividend Yield History of EnerSys (ENS) |
FedEx Corporation -- Yield: 0.84%
FedEx Corporation (NYSE:FDX) employs 115,000 people, generates revenue of $50,365.00 million and has a net income of $1,820.00 million. The current market capitalization stands at $51.02 billion.FedEx Corporation’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,708.00 million. The EBITDA margin is 11.33% (the operating margin is 6.11% and the net profit margin 3.61%).
Financials: The total debt represents 29.94% of FedEx Corporation assets and the total debt in relation to the equity amounts to 99.84%. Due to the financial situation, a return on equity of 12.64% was realized by FedEx Corporation.
Twelve trailing months earnings per share reached a value of $6.73. Last fiscal year, FedEx Corporation paid $1.00 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 28.47, the P/S ratio is 1.00 and the P/B ratio is finally 3.67. The dividend yield amounts to 0.84%.
Stock Charts:
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| Long-Term Stock Price Chart of FedEx Corporation (FDX) |
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| Long-Term Dividend Payment History of FedEx Corporation (FDX) |
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| Long-Term Dividend Yield History of FedEx Corporation (FDX) |
