August 2015 Dividend Stock Ranking Results and Buy List

I’ve complete my dividend growth stock ranking screen that I run monthly using information from David Fish’s CCC list.

If you would like to read the details about how I run this screen, including the criteria used and how each parameter is scored, check out my post on the Dividend Growth Stock Ranking System.

In these posts I only list the results of the screen and mention a few of the dividend stocks that I will be watching closely this month.  It is important to note that I am not recommending the purchase or sale of any stocks mentioned here.  I have not yet researched the majority of this list in detail nor have I verified the numbers taken from the CCC list so please do your own due diligence.  As always, I will write up any analysis I perform on stocks from this screen in a separate post.

Dividend Growth Stock Ranking Results

My ranking screen scores all stocks on the CCC list with 10 points possible based on dividend strength, financial strength, valuation and technical analysis (click HERE for details).  I have included July scores (if available) for comparison and stocks that I hold are shown in bold font.  Here are the top 40 stocks from this month’s screen:

Top 40 Dividend Growth Stocks For August 2015

T Rowe Price Group (TROW), which held the top spot for 2 months straight, has finally been dethroned by TE Connectivity (TEL), Valero Energy (VLO), Helmerich & Payne (HP) and Magna International (MGA).

A few stocks jumped by over a point since last month: MKS Instruments (MKSI), Cohen & Steers (CNS), Nordson (NDSN), Miller Industries (MLR), Franklin Electric (FELE) and 3M Company (MMM).  Most of this can be attributed to increased analyst target prices and lower PE ratios.

 

The average score this month was just about 5.5 points and I always like to mention any notable stocks that beat the average:

  • Notable 7’s: W W Grainger (GWW), Valspar (VAL), Stage Stores (SSI), Texas Instruments (TXN), PennyMac (PMT)
  • Notable 6.75’s: Allstate (ALL), Foot Locker (FL), Old Republic International (ORI), National Oilwell Varco (NOV)
  • Notable 6.5’s: Chubb (CB), Dow Chemical (DOW), ExxonMobil (XOM), Gap (GPS), Harley-Davidson (HOG), Qualcomm (QCOM)
  • Notable 6.25’s: Caterpillar (CAT), Travelers (TRV)
  • Notable 6’s: Armanino Foods (AMNF)

 

Top Dividend Growth Stocks By Sector

Here are the top scoring dividend stocks from each sector:

Best Dividend Growth Stocks By Sector August 2015

 

My August Buy List & Need-To-Analyze List

There are a few stocks that I have already researched extensively and I’m looking to buy at the right price.  The majority of these stocks scored well in the screen but there are a few low scoring stocks that made my buy list based on in-depth research.  Here are the stocks on my buy list this month:

New Additions: Kinder Morgan (KMI), Archer Daniels Midland (ADM), Southern Co (SO), BHP Billiton (BBL), Foot Locker (FL), Armanino Foods (AMNF), Phillip Morris (PM), ConocoPhillips (COP)

Average Downs: T Rowe Price (TROW), Cummins (CMI), Apple (AAPL)

 

There are also several stocks that caught my eye from the screen and from articles that I’ve read that I need to research further.  After an in depth analysis these stocks might be added to my buy list:

General Electric (GE), American Express (AXP), Thor Industries (THO) and PennyMac (PMT)

Hopefully some of these dividend stocks will go on sale for me this month.  I’ve got cash in hand and my finger on the trigger.  Happy shopping everyone!

 

Are any of the top ranking stocks from this screen in your portfolio or on your wish list?  What stocks are you watching or itching to buy in August?  Please let me know in the comments section below!

Full Disclosure: Long VLO, MGA, TROW, CMI, BLK, GD, ORI, XOM, GPS, QCOM, AAPL

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11 Responses

  1. JM says:

    I think Cummins is a no brainer at its recent price!!

    I have been averaging down on HP but I still am fearful it may go lower – as long as the dividend is not cut (I doubt that it will be raised), I am a long term holder.

    • Dividend Empire Dividend Empire says:

      Hi JM – I completely agree with you on CMI. I got in at $140 and I thought that was a good price. I’m definitely going to pick some more up this month under $130. I forgot to add it to my list but HP is another one I will have to take a closer look at. Thanks for stopping by and good luck to you in August!

      Ken

  2. Hi DE,

    Nice list you’ve put together!

    I’m a recent shareholder of TROW and QCOM, but many of the companies on your list, are on my watchlist as well.

    Thanks for sharing.

    Best wishes, DfS

    • Dividend Empire Dividend Empire says:

      Thanks DfS – glad you liked the list. I just bought QCOM a couple of weeks ago and I’m looking to add to TROW this month – both very solid companies. Have a great August!

      Ken

  3. Dan says:

    A comment re: T Rowe Price. Instead of averaging down, have you ever considered Gamco (GBL) or Franklin Resources (BEN) as sort of complimentary companies? Take, Gamco, founded by Mario Gabelli, and w/ a mkt cap of $1.7B is a nothing vs. the world of TROW or BEN or BLK. Gamco does not have a high dividend yield – less than 1%, so it won’t make any dividend screens. By my calculations, they have about $9.50 per share in net cash (cash + securities less total liab’s), so net cash adjusted P/E is about 13x. Certainly appears as if insiders are aligned based on ownership. What I like best? 1 analyst following the stock according to Yahoo Finance

    http://finance.yahoo.com/q/mh?s=GBL+Major+Holders
    http://finance.yahoo.com/q/ae?s=GBL+Analyst+Estimates

    Do your own DD of course…

  4. Dividend Empire Dividend Empire says:

    Hi Dan. Thanks a ton for the leads. I am very familiar with BEN but not so much with GBL. I will take some time to look into it before making a decision on TROW.

    Take care,

    Ken

  5. Dan says:

    U have to do your DD of course, but off the beaten path is a possible avenue in any case. Fish where the fish are. All in my very humble opinion of course.

  6. Hi Ken,

    Great list! I also really like CMI but haven’t pulled the trigger yet.

    Once again, thank you for posting your watch list/ranking system results!

    Blake

    • Dividend Empire Dividend Empire says:

      Thanks Blake. Glad you liked the list. I have a $123 limit order on CMI hoping to pick it up near it’s recent lows. Let’s see how patient I can be!

      Ken

  7. Harry says:

    Dividend newbie here! Looking fwd to your September List :) You are one of my inspirations.

    • Dividend Empire Dividend Empire says:

      Welcome Harry and thank you for your kind words! I’m working on the list now and hopefully I’ll have it posted by Friday. I was actually debating on whether or not to do it this month since just about all stocks on my watch list are on sale right now. But I realized it is still a good exercise to do in order to pick out some of the healthiest companies.

      Take care,

      Ken

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