Discussion: My current watch list

 

This is my watch list as of February 2018.  Additions and deletions can and will occur.

3M Company (MMM)

Abbott Labs (ABT)

AFLAC (AFL)

Air Products (APD)

Albemarle (ALB)

American Express (AXP)

American States Water (AWR)

Analog Devices (ADI)

Anheuser-Busch InBev (BUD)

Apple (AAPL)

Aqua America (WTR)

Archer-Daniels Midland (ADM)

AT&T (T)

Automatic Data Processing (ADP)

Badger Meter (BMI)

Baxter International (BAX)

Becton, Dickinson (BDX)

Bemis Co (BMS)

BHP Billiton ADR (BHP)

Bio-Techne Corp (TECH)

Boeing (BA)

Brown-Forman ‘B’ (BF-B)

C H Robinson (CHRW)

Cardinal Health (CAH)

Caterpillar (CAT)

Chevron (CVX)

Church & Dwight (CHD)

Cintas (CTAS)

Cisco Systems (CSCO)

Clorox (CLX)

Coca-Cola (KO)

Colgate-Palmolive (CL)

Consolidated Edison (ED)

Cummins (CMI)

CVS Health (CVS)

Deere & Co (DE)

Dominion Energy (D)

Donaldson Co (DCI)

Dover Corp (DOV)

Ecolab (ECL)

Emerson Electric (EMR)

Enbridge (ENB)

Estee Lauder (EL)

Exxon Mobil (XOM)

General Dynamics (GD)

General Mills (GIS)

Genuine Parts Co (GPC)

Graco (GGG)

Hasbro (HAS)

Hershey Co (HSY)

Home Depot (HD)

Honeywell (HON)

Hormel Foods (HRL)

Illinois Tool Works (ITW)

Intel Corp (INTC)

International Business Machines (IBM)

International Paper (IP)

J M Smucker (SJM)

J P Morgan Chase (JPM)

Johnson & Johnson (JNJ)

Kellogg (K)

Kimberly-Clark (KMB)

Kraft Heinz (KHC)

Kroger Co (KR)

Lockheed Martin (LMT)

McCormick & Co (MKC)

McDonald’s (MCD)

Medtronic PLC (MDT)

Microsoft (MSFT)

NextEra Energy (NEE)

Norfolk Southern (NSC)

Northrop Grumman (NOC)

Northwest Natural Gas (NWN)

Occidental Petroleum (OXY)

Oracle Corp (ORCL)

Parker-Hannifin (PH)

Pentair PLC (PNR)

PepsiCo (PEP)

PPG Industries (PPG)

Praxair (PX)

Procter & Gamble (PG)

Public Storage (PSA)

QUALCOMM (QCOM)

Raytheon (RTN)

Realty Income (O)

Schlumberger NV (SLB)

Sherwin-Williams (SHW)

Southern Co (SO)

Stanley Black & Decker (SWK)

Sysco Corp (SYY)

Target (TGT)

Texas Instruments (TXN)

Tyson Foods (TSN)

UGI Corp (UGI)

Unilever ADR (UL)

Union Pacific (UNP)

United Parcel Service (UPS)

United Technologies (UTX)

V F Corp (VFC)

Verizon (VZ)

W W Grainger (GWW)

Walgreens Boots Alliance (WBA)

WalMart (WMT)

Wells Fargo (WFC)

WGL Holdings (WGL)

Walt Disney Co (DIS)

Yum Brands (YUM)

It’s a diversified list of primarily “no-brainer” companies because it doesn’t have to be complicated to be successful.  In fact, it’s better if it’s not.  Many of these companies have repeat-use, necessity type products or services that are purchased, used, and purchased again over and over and over.  And, have been providing these products and/or services for years and years.  Think Coca-Cola beverages, Procter & Gamble personal products, Air Products industrial gases, and Johnson & Johnson consumer health products.

I have no intention of trying to follow the thousands of companies that pay a dividend.  And more importantly, there’s really no need to.  I just need a manageable list that includes enough companies moving independently of each other that gives me a reasonable chance of finding an attractive investment month after  month.

The list is light on financials and retailers because companies in these industries seem to have more difficulty surviving long-term.  Many industries aren’t represented at all for the same reason.  I’m only interested in companies that I feel like I don’t have to worry about.  And, within the list, different companies have different purposes.  Some are favored for reinvesting, some for dividend collecting, some for trading, and some for all three.

I’ve developed specific criteria for each of these companies that trigger an investment decision.  Some are applied globally throughout the list and some are applied only to specific stocks.  I’ve learned through experience that the “one size fits all” approach is not the best approach.  Because each company’s stock trades in what is essentially its own “market”, each company has its own “personality” leading to its own set of criteria or hurdles.  This approach may require a little more effort but enhanced returns are the reward.

And as always, this list is mine.  It doesn’t have to be yours.  Do with it what you will.  At the very worst it’s a good place to start.

Creating a Dividend Collection Business

 

 

 

Author: The Dividend Collector

Searching for dividends on sale.

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