There is nothing better than the earnings season to confirm or infirm your hypothesis about the best dividend stocks for 2013. Over the past few weeks, numerous companies shared their Q2 financial results. About 70% of them beat the Street’s estimates. I can tell you with confidence that I have several of them in my “Best Dividend Stock Portfolio”…
At the beginning of each month, I produce a recap of the dividend yield and ex dividend date of the TSX 60. In addition to this recap, I decided to briefly cover the results of my Best 2013 Dividend Stock Book. This book includes 30 stocks analyses (20 US and 10 CDN) for only $2.99. So far, my results are:
20 US Dividend Stocks: +24.98% (beating the index by 6.81%)
10 CDN Dividend Stocks: +5.02% (beating the index by 0.73%)
If you want to read more, just continue to look over the TSX 60 Dividend Yield & Ex-Dividend Date chart…
TSX 60 Dividend Yield & Ex-Dividend Date
|Ticker||Name||Price||Dividend Yield||Payout Ratio||Ex-Dividend|
|CPG||Crescent Point Energy Corp||38.95||7.09||488.53||8/28/2013|
|COS||Canadian Oil Sands Ltd||19.94||7.02||66.67||8/21/2013|
|POT||Potash Corp of Saskatchewan Inc||29.8||4.94||28.96||10/11/2013|
|CM||Canadian Imperial Bank of Commerce/Canada||77.93||4.93||46.33||9/25/2013|
|ABX||Barrick Gold Corp||17||4.88||N/A||8/30/2013|
|ARX||ARC Resources Ltd||25.9||4.63||256.75||8/28/2013|
|BMO||Bank of Montreal||63.87||4.63||45.74||10/30/2013|
|PWT||Penn West Petroleum Ltd||12.15||4.61||294.25||9/25/2013|
|NA||National Bank of Canada||79.01||4.4||32.81||9/17/2013|
|SLF||Sun Life Financial Inc||33.26||4.33||61.12||8/26/2013|
|RCI/B||Rogers Communications Inc||41.04||4.24||47.35||9/11/2013|
|BNS||Bank of Nova Scotia||58.01||4.14||41.39||10/4/2013|
|HSE||Husky Energy Inc||29.6||4.05||59.73||8/27/2013|
|SJR/B||Shaw Communications Inc||25.53||4||47.55||8/13/2013|
|POW||Power Corp of Canada||29.53||3.93||64.18||9/6/2013|
|RY||Royal Bank of Canada||64.16||3.93||50.32||10/23/2013|
|TRI||Thomson Reuters Corp||35||3.83||51.28||8/20/2013|
|TCK/B||Teck Resources Ltd||24.06||3.74||61.37||12/11/2013|
|CVE||Cenovus Energy Inc||30.42||3.18||66.97||9/11/2013|
|AEM||Agnico Eagle Mines Ltd||29.21||3.11||56.18||8/29/2013|
|K||Kinross Gold Corp||5.34||3.08||N/A||9/18/2013|
|MFC||Manulife Financial Corp||18.09||2.87||61.95||8/16/2013|
|YRI||Yamana Gold Inc||10.73||2.54||40.7||9/25/2013|
|SU||Suncor Energy Inc||32.46||2.46||27.76||8/29/2013|
|TLM||Talisman Energy Inc||11.64||2.39||225.2||8/14/2013|
|SNC||SNC-Lavalin Group Inc||42.7||2.15||43||8/16/2013|
|SLW||Silver Wheaton Corp||23.62||2.08||21.13||9/18/2013|
|L||Loblaw Cos Ltd||49.01||1.96||36.8||9/11/2013|
|WN||George Weston Ltd||87.06||1.91||62.44||9/11/2013|
|SC||Shoppers Drug Mart Corp||61.13||1.86||36.12||9/26/2013|
|THI||Tim Hortons Inc||59.47||1.75||32.35||8/22/2013|
|ELD||Eldorado Gold Corp||8.11||1.73||33.85||8/7/2013|
|MG||Magna International Inc||78.55||1.69||17.59||8/28/2013|
|CNR||Canadian National Railway Co||102.66||1.68||24.33||9/5/2013|
|CTC/A||Canadian Tire Corp Ltd||84.53||1.66||20.39||10/29/2013|
|BAM/A||Brookfield Asset Management Inc||38.01||1.63||27.21||10/30/2013|
|CNQ||Canadian Natural Resources Ltd||31.83||1.57||24.35||9/11/2013|
|CP||Canadian Pacific Railway Ltd||126.13||1.11||47.93||9/25/2013|
|IMO||Imperial Oil Ltd||44.07||1.09||10.83||8/28/2013|
|GIL||Gildan Activewear Inc||45.84||0.8||24.55||8/13/2013|
|FM||First Quantum Minerals Ltd||16.5||0.71||5.03||8/26/2013|
|VRX||Valeant Pharmaceuticals International Inc||95.3||0||N/A||N/A|
Best 2013 Dividend Stocks Results
At the beginning of the year, I produced a list of the Best dividend stocks for 2013 (click on the link to get my metrics and to see the list). Out of this exhaustive list, I pulled out 30 stocks to be my “favorite” picks from these lists. These are not stock recommendations and I strongly suggest you do your own analysis and read the financial statements. This book is simply a compilation of my own stock analyses for 30 stocks being either held in my portfolio or being on my watch list. They have been handpicked from bigger lists generated by my stock screener according to the following rules:
Dividend yield over 3%
Positive 5 year dividend growth
Dividend payout ratio under 75%
Return on equity (ROE) over 10%
Positive 5 year annual income growth rate
Current price / earnings ratio (PE) under 20
I’ve broken down the result per market:
Best 2013 US Dividend Stocks Results +24.98% and 2.99% Dividend Yield
|Company||Ticker||YTD||Current Div Yield|
|Campbell Soup Co||CPB||35,82%||2,45%|
|Chesapeake Utilities Corp||CPK||31,82%||2,57%|
|Darden Restaurants Inc||DRI||10,17%||4,43%|
|General Mills Inc||GIS||30,57%||2,88%|
|Genuine Parts Co||GPC||30,37%||2,59%|
|Johnson & Johnson||JNJ||34,47%||2,81%|
|Procter & Gamble Co/The||PG||20,82%||2,94%|
|Seagate Technology PLC||STX||36,06%||3,69%|
|Western Union Co/The||WU||34,31%||2,74%|
|Wisconsin Energy Corp||WEC||19,10%||3,51%|
**Please note that Heinz (HZN) stock is now in my portfolio as a reference only since it was bought earlier this year. Therefore the stock won’t pay dividends any longer.
After a few headwinds coming from the FED semi-announcement that they may or may not consider to do (or not to do) changes in their quantitative easing strategy, the stock market is back on a roll. My portfolio went up by almost by 5% in a single month. This is just to tell you how Big Ben can influence the market!
After an increase of almost 25%, my virtual portfolio is now showing a current dividend yield under 3% (2.99%). But keep in mind that you would be receiving a lot more in dividends if you would have picked the same stock at the beginning of the year.
There are a few stocks trailing behind my benchmark which I find interesting such as Chevron (CVX), McDonald’s (MCD), Darden Restaurants (DRI). They are all showing dividend yield over 3% and still show strong numbers. On the other hand, I would probably get rid of Seagate Technology (STX) and Intel (INTC) as both techno stocks are evolving in a grumpy industry.
I built this portfolio based on the metrics and investing strategies describe in my 4.5 Stars Rated Amazon book: Dividend Growth. You can read about my book here.
Best 2013 Canadian Dividend Stocks Results +5.02% and 4.16% Dividend Yield
|Company||Ticker||YTD||Current Div Yield|
|Andrew Peller Ltd||ADW/A||39,80%||2,84%|
|Royal Bank of Canada||RY||7,15%||3,90%|
|National Bank of Canada||NA||2,29%||4,38%|
|Calian Technologies Ltd||CTY||-12,89%||6,14%|
|Evertz Technologies Ltd||ET||-5,92%||4,26%|
|Black Diamond Group Ltd||BDI||22,58%||3,41%|
|Rogers Communications Inc||RCI/B||-9,11%||4,19%|
After what happen to the Potash industry, I was happy I didn’t pick Potash (POT) as a potential great dividend stock for 2013! Mind you, its dividend yield is now over 4%, the most courageous of us may want to take the ride and see if the wave can bring them to the shore.
Back to my portfolio, it is seriously stalling due to five stocks out of 10 showing negative results. Resources prices going down, Telecom giant Verizon (VZ) threatening Telecom smurfs Telus and Rogers on their favorite playground along with poor performances from my techno related stocks (ET & CTY) are part of my explanation to as of why the portfolio hasn’t done better than the index by more than 1%.
On the other hand, the impressive return on Andrew Peller (ADW.A) and Black Diamond Group (BDI) have kept my portfolio on track. These two stocks are not getting much attention and this is sometimes where you can find the best picks!
How I Built my Portfolio??
I built my portfolio based on both my Dividend Growth book, and The Successful Investor newsletter published by Pat McKeough who’s a reference in Canada. I even got a special rebate for my readers if you subscribe to this link (hey! You can save $50 off from the listed price!).
Readers, do you think there is more room to grow with my portfolio?
Disclaimer: I’m long NA, T, CVX, INTC, JNJ, MCD
The post TSX 60 Ex Dividend Date + Best 2013 Dividend Stock Update +24.98% appeared first on The Dividend Guy Blog.