If you are like me, you probably find it tough to dig through the mountains of information floating out there on the internet. With so many opinions of what you should buy, it’s easy to get overwhelmed. Well, fear not, I have done a bit of the heavy lifting to (hopefully) find some of the best dividend stocks for the November!
This is my list of November U.S. Dividend Kings.
About my list
There are over 5000 stocks on the U.S. exchanges and only 9 made my November list. As you can see by the list below, it’s not easy being a U.S. Dividend King and these stocks all had to pass a series of test to make it on the list.
The Criteria
This month I loosened up the criteria by a sliver to allow a few more companies to make the list (In BOLD). It is a very expensive market but with bond prices the way that they are, there could still be plenty of upside left to this bull.
- The company must have 25 or more years of uninterrupted dividend growth.
- The company must have a Graham number greater than its current share price.
- Its payout ratio must be under 70%
- Its P/E ratio must be under 15
- The company must have a price to book ratio under 2
NOVEMBER US DIVIDEND KINGS
| Ticker | Streak | Yield | Price | Graham Value | P/E | EPS | Dividend | Payout % | P/Book | Div/Gr 10yr | |
| 1 | CTBI | 36 | 3.50 | 36.55 | $41.65 | 13.54 | 2.70 | 1.28 | 47.41 | 1.28 | 3.3 |
| 2 | BEN | 36 | 2.14 | 33.66 | $35.27 | 12.42 | 2.71 | 0.72 | 26.57 | 1.65 | 16.2 |
| 3 | ORI | 35 | 4.45 | 16.86 | $24.09 | 11.02 | 1.53 | 0.75 | 49.02 | 1.00 | 3.8 |
| 4 | AFL | 34 | 2.50 | 68.87 | $86.47 | 11.33 | 6.08 | 1.72 | 28.29 | 1.26 | 13.6 |
| 5 | THFF | 28 | 2.49 | 40.10 | $48.06 | 13.50 | 2.97 | 1.00 | 33.67 | 1.16 | 2.1 |
| 6 | T | 33 | 5.33 | 36.79 | $32.51 | 15.66 | 2.35 | 1.96 | 83.40 | 1.84 | 3.8 |
| 7 | ADM | 41 | 2.75 | 43.57 | $40.72 | 17.64 | 2.47 | 1.20 | 48.58 | 1.46 | 12.7 |
| 8 | UVV | 45 | 3.91 | 54.20 | $61.53 | 16.63 | 3.26 | 2.12 | 65.03 | 1.05 | 2.2 |
| 9 | SRCE | 29 | 2.08 | 34.56 | $35.70 | 15.85 | 2.18 | 0.72 | 33.03 | 1.33 | 5.2 |
–Community Trust Bancorp Inc is a bank holding company. The Company, through its subsidiaries provides commercial and personal banking and wealth management services.
–Franklin Resources Inc is an investment management company. The Company’s services include fund administration, sales, distribution, marketing, shareholder servicing, and other fiduciary services.
–Old Republic International Corporation is engaged in insurance underwriting and related services. It conducts its operations through General Insurance, Title Insurance, and the Republic Financial Indemnity and consumer credit indemnity Run-off Business.
4. Aflac Inc
–Aflac Inc is a general business holding company and acts as a management company. The Company sells supplemental health and life insurance in the United States and Japan.
–First Financial Corp is a financial holding company. It offers financial services such as commercial, mortgage and consumer lending, lease financing, trust account services and depositor services through its subsidiaries.
6. AT&T Inc
–AT&T Inc, through its subsidiaries, is engaged in provision of communications and digital entertainment services in the United States and the world.
–Archer-Daniels Midland Co is a processor of oilseeds, corn, wheat, cocoa, and other feedstuffs and is a manufacturer of vegetable oil and protein meal, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients.
–Universal Corp is a leaf tobacco supplier. It is engaged in procuring and processing flue-cured and burley leaf tobacco for manufacturers of consumer tobacco products.
-1st Source Corp through its subsidiary offers commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients in Indiana and Michigan.
Final Thoughts
The best way to use my U.S. Dividend Kings list is as a starting point for your own research.
Don’t feel confined to my methods. Look up the values that mean the most to you.
Like any screening method , the purpose of my list is to help you dig through the stock market to find some of the best U.S. dividend stocks, which can then be further researched.
Disclosure. I’m long BEN and ORI and may or may not purchase shares in any of the stocks in this post.
Resources from: Morningstar, Google Finance, Zacks,
The US Dividend Champions are maintained by Dave Fish of Moneypaper’s DirectInvesting.com.
From personal experience, I’ve owned ORI in the past but sold it. The dividend is nice but the stock price goes nowhere and I prefer at least a little price appreciation to go along with my dividend.
http://TheDividendLife.com
Hi TheDividendLife
ORI has had capital appreciation of 140% in the last 5 years not including the dividend. Old Republic International Corp
The past 3 years has not been great but I like to hold my stocks forever. This is one I feel I can just let sit and it will take care of itself.
Hi Steve –
This is a good list of low P/E stocks that pay nice dividends.
I like T (as well as VZ) in the telecom industry.
I really like AT&T also. I just wish the market wasn’t so darn high!
Nice list Steve, I like your method of narrowing down the stocks. Of your 9, I like ADM the most 🙂
Tristan
Dividends Down Under recently posted…Share purchase: Healthscope (ASX:HSO)
Hey Tristan,
I love ADM and have owned it in the past. People are always going to need food.
Full disclosure, I’m looking to buy ADM but I’m trying to pick it up under $40.
I own two of these, T and ADM. Both have treated me well so far. Thanks for pulling this list together. I don’t have a few of these on my watchlist. I’ll be fixing this now.
Investment Hunting recently posted…I Bought OHI Stock – Omega Healthcare Investors
I’m taking a real hard look at T right now…
Your method and screener is very, very similar to ours. Love the listing and there are some great dividend stocks on there. AFL is one of those stocks that is always popping on our screener. I wasn’t as happy with their dividend increase as I thought it would be. T is a great name on the list and I am torn between adding more shares of their company or Verizon. Are you leaning one way or the other with which stock you would like to purchase?
Bert
Hey Bert,
I’m leaning very heavy towards T right now. The M&A looks to be going through and I can really see no downside except the company will be massive and hard to manage. I also like AFL. It’s good to have these kind of choices 🙂
Solid list of dividend paying companies. I’m familiar with almost all of the names mentioned and happy to own some as well as have one on my watch list. ORI is still looking interesting to me though it has come up quite a bit in recent weeks. Thanks for compiling.
DivHut recently posted…Recent Stock Purchase III November 2016
No problem Keith,
I like many of the companies that made this months list (and own a few).
I’m very interested to see what happens in the next few months. The market is a very emotional beast and if people are getting onboard with Donald Trump, I wouldn’t be surprised to see the DOW hit 20,000 before summer.