Dividend Stocks On Sale – 30 November 2021

The focus of investing in “dividend stocks on sale” is to collect future dividends. Therefore, this method is geared toward that goal first, and toward possible stock price appreciation second. This isn’t an effort to find price bottoms. It’s a process to buy dividends at a reasonable price. As a result, stocks presented here are typically on a downward trend. And, they will often continue on that downward trend over a period of months, providing opportunities to obtain additional dividends for collecting and reinvesting as they do. Simply put, this is about creating as many future dividends as possible.

Stock data from Yahoo Finance and Stockcharts.com.

Create your own Dividend Business

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.

Create Your Own Dividend Business

Stock Alert: 31 January 2018

Information as of closing January 31, 2018.

 Southern Company (SO) is at its lowest monthly close in 2 years with a dividend yield of 5.2% that is 10% greater than the 5 year median; is 3% below the 60 month moving average; and has corrected 16% from its highest monthly close in 5 years which is greater than the 5 year median correction.  Southern Company has raised its dividend for 17 years in a row and its 7 year dividend growth rate is 4%.

Realty Income (O) is at its lowest monthly close in 2 years with a dividend yield of 4.9% that is 10% less than the 5 year median; is 4% above the 60 month moving average; and has corrected 26% from its highest monthly close in 5 years which is greater than the 5 year median correction.  Realty Income has raised its dividend for 24 years in a row and its 7 year dividend growth rate is 6%.

Enbridge (ENB) is at its lowest monthly close in 1 year with a dividend yield of 5.2% that is 60% greater than the 5 year median; is 15% below the 60 month moving average; and has corrected 30% from its highest monthly close in 5 years which is greater than the 5 year median correction.  Endbridge has raised its dividend for 22 years in a row and its 7 year dividend growth rate is 12%.

Northwest Natural Gas (NWN) is at its lowest monthly close in 1 year with a dividend yield of 3.3% that is 20% less than the 5 year median; is 12% above the 60 month moving average; and has corrected 17% from its highest monthly close in 5 years which is greater than the 5 year median correction.  Northwest Natural Gas has raised its dividend for 28 years in a row and its 7 year dividend growth rate is 2%.

Procter & Gamble (PG) is at its lowest monthly close in 1 year with a dividend yield of 3.2% that is in line with its 5 year median; is 4% above the 60 month moving average; and has corrected 6% from its highest monthly close in 5 years.  Procter & Gamble has raised its dividend every year since 1989 and its 7 year dividend growth rate is 5%.

Public Storage (PSA) is at its lowest monthly close in 2 years with a dividend yield of 4.1% that is 30% greater than the 5 year median; is 1% below the 60 month moving average; and has corrected 29% from its highest monthly close in 5 years.  Public Storage has raised its dividend for 8 years in a row and its 7 year dividend growth rate is 15%.

Creating a Dividend Collection Business