* Data from Stockcharts.com and YahooFinance
** Monthly closes must be less than 15% above the 60-month moving average, and companies must have a 5-year dividend growth rate ≥ 3.5% or consecutive dividend increases ≥ 10 years
*** Monthly closes that are the lowest in a 1 year or more; are below the moving average; have corrected 40% or more from the highest monthly close in the last five years; or have an RSI(14M) value less than 40 are considered to be “On Sale”
**** Closes that are the lowest in a 5 years or more; are 15% below the moving average; have corrected 50% or more from the highest monthly close in the last 5 years; or have an RSI(14M) value less than 30 are considered to be “Oversold”
Dividends “Oversold”
- Wells Fargo (WFC) – Financial: Money Center Bank
- 8 years of consecutive dividend increases
- 5 year dividend growth rate: 7%
- Forward dividend yield: 7.71%
- RSI(14M): 29.50
- Lowest monthly close in 7 years
- Monthly close 41% below 60-month moving average
- 55% correction from highest monthly close in 5 years
- Exxon Mobil (XOM) – Energy: Integrated Oil & Gas
- 37 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 5%
- Forward dividend yield: 7.65%
- RSI(14M): 35.01
- Monthly close 34% below 60-month moving average
- 42% correction from highest monthly close in 5 years
- Cracker Barrel (CBRL) – Consumer: Casual Dining Restaurant
- 17 years of consecutive dividend increases (Achiever)
- 5 year dividend growth rate: 8%
- Forward dividend yield: 4.85%
- RSI(14M): 38.68.
- Monthly close 20% below 60-month moving average
- 36% correction from highest monthly close in 5 years
- U S Bancorp (USB) – Financial: Regional Bank
- 8 years of consecutive dividend increases
- 5 year dividend growth rate: 10%
- Forward dividend yield: 4.72%
- RSI(14M): 35.56
- Monthly close 22% below 60-month moving average
- 40% correction from highest monthly close in 5 years
- Walgreens Boots Alliance (WBA) – Consumer: Pharmacy
- 44 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 7%
- Forward dividend yield: 4.27%
- RSI(14M): 35.71
- Monthly close 35% below 60-month moving average
- 50% correction from highest monthly close in 5 years
- UGI Corp (UGI) – Utility: Natural Gas/Propane
- 32 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 9%
- Forward dividend yield: 4.08%
- RSI(14M): 34.80
- Monthly close 26% below 60-month moving average
- 42% correction from highest monthly close in 5 years
- Cincinnati Financial (CINF)– Financial: Property/Casualty Insurance
- 59 years of consecutive dividend increases (King)
- 5 year dividend growth rate: 5%
- Forward dividend yield: 4.07%
- RSI(14M): 31.06
- Lowest monthly close in 4 years
- Monthly close 19% below 60-month moving average
- 49% correction from highest monthly close in 5 years
- V F Corp (VFC)– Consumer: Apparel
- 47 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 14%
- Forward dividend yield: 3.42%
- Monthly close 17% below 60-month moving average
- 43% correction from highest monthly close in 5 years
- Fedex Corp (FDX) – Transportation: Integrated Freight/Delivery
- 17 years of consecutive dividend increases (Achiever)
- 5 year dividend growth rate: 28%
- Forward dividend yield: 1.99%
- RSI(14M): 37.04
- Monthly close 27% below 60-month moving average
- 49% correction from highest monthly close in 5 years
Dividends “On Sale”
- Iron Mountain (IRM)– REIT: Data Storage/Security
- 10 years of consecutive dividend increases (Achiever)
- 5 year dividend growth rate: 11%
- Forward dividend yield: 9.60%
- Monthly close 9% below 60-month moving average
- AT&T (T) – Utility: Communication Technology/Media
- 35 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 2%
- Forward dividend yield: 6.74%
- Monthly close 1% below 60-month moving average
- Chevron (CVX) – Energy: Integrated Oil & Gas
- 32 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 3%
- Forward dividend yield: 5.63%
- Monthly close 6% below 60-month moving average
- Old Republic (ORI) – Financial: Property/Casualty Insurance
- 38 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 2%
- Forward dividend yield: 5.39%
- RSI(14M): 35.90
- Monthly close 10% below 60-month moving average
- IBM (IBM) – Technology: Information Technology
- 24 years of consecutive dividend increases (Achiever)
- 5 year dividend growth rate: 9%
- Forward dividend yield: 5.22%
- Monthly close 4% below 60-month moving average
- Consolidated Edison (ED) – Utility: Electricity
- 45 years of consecutive dividend increases (Aristocrat)
- 5 year dividend growth rate: 3%
- Forward dividend yield: 4.08%
- Lowest monthly close in 1 year
- 3M Company (MMM) – Industrial: Conglomerate
- 61 years of consecutive dividend increases (King)
- 5 year dividend growth rate: 11%
- Forward dividend yield: 3.76%
- Monthly close 8% below 60-month moving average
- Genuine Parts (GPC) – Consumer: Retail – Auto Parts [NAPA]
- 63 years of consecutive dividend increases (King)
- 5 year dividend growth rate: 6%
- Forward dividend yield: 3.79%
- Monthly close 5% below 60-month moving average
- Cullen Frost Bankers (CFR) – Financial: Regional Bank
- 26 years of consecutive dividend increases (Achiever)
- 5 year dividend growth rate: 7%
- Forward dividend yield: 3.74%
- Monthly close 5% below 60-month moving average
