05-03-2015, 05:08 PM
Thanks for bringing this one to my attention, guys. Not a stock I had spent any time on before. Just scratching the surface now, but excited to dig deeper. It jumps to near the top of my screening list -- which is saying a lot for something that yields just over 2 percent, since my system weights starting yield pretty heavily. For it to score a 75 nonetheless is pretty promising.
It has an incredible history of raising the dividend -- 59 years now, going by Dave Fish's CCC list. And despite that, the payout ratio is still very comfortably around 30 percent. They've been able to do this by growing earnings at a steady clip. They took a big hit in the great recession, but bounced back nicely. Earning have climbed slowly since 2011, but they are climbing. I'll want to understand the plan going forward. Dividend growth has been great.
This pretty much sums up my approach:
I'll definitely be taking a closer look at this one over the next few days and weeks. Especially since I'm currently very light on industrials.
Dan -- just curious, if this one doesn't broach the top tier of your industrials list, which ones do? Maybe I'm overlooking some other greats as well!
It has an incredible history of raising the dividend -- 59 years now, going by Dave Fish's CCC list. And despite that, the payout ratio is still very comfortably around 30 percent. They've been able to do this by growing earnings at a steady clip. They took a big hit in the great recession, but bounced back nicely. Earning have climbed slowly since 2011, but they are climbing. I'll want to understand the plan going forward. Dividend growth has been great.
This pretty much sums up my approach:
(04-29-2015, 07:16 AM)rapidacid Wrote: For me, when I identify something that scores high and I can understand it's not just a fad and it fits in my portfolio I usually just close my eyes and click buy.
I'll definitely be taking a closer look at this one over the next few days and weeks. Especially since I'm currently very light on industrials.
Dan -- just curious, if this one doesn't broach the top tier of your industrials list, which ones do? Maybe I'm overlooking some other greats as well!