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These are our most recent articles. Also see which stocks have been this week’s best and worst performers.
Sherwin-Williams (SHW): A Dividend Aristocrat Painting High Returns
Sherwin-Williams (SHW) has annually increased dividends since 1979 and outperformed the market by nearly 14% per year over the last decade. Watching paint dry has been quite rewarding with coatings producer SHW, but past performance is not necessarily indicative of future results. As we review SHW for potential inclusion in our Top 20 Dividend Stocks portfolio, we will be paying close attention to the factors that have contributed to the company’s historical success and assess the likelihood of these factors persisting far into the future. Business Overview SHW has been in business since 1866 and is the largest producer of paints and coatings in the United States (80% of its revenue) and third-largest worldwide. The company primarily [...]
PPG Industries (PPG): A Free Cash Flow Machine With 44 Straight Dividend Increases
PPG Industries (PPG) has rewarded its investors with higher dividend payments for 44 consecutive years. The company’s dividend appears to be one of the safest in the market with high growth potential as well. What makes this blue chip dividend stock so special? Let’s take a closer look. Business Overview PPG’s roots can be traced back to 1883. Today, the company is a leading supplier of paints, coatings, and specialty materials to customers in construction (45% of sales), automotive (33%), industrial (14%), and aerospace and marine (8%) markets. Coatings provide protection, performance, and decoration for a wide range of products, improving their durability and marketability. Approximately 60% of PPG’s 2014 sales were special-purpose coatings (aerospace, automotive OEM, [...]
ConocoPhillips (COP) Cuts its Dividend: How to Avoid These Riskier Stocks
ConocoPhillips (COP) is one of the biggest oil producers in the world and the newest case study regarding the dangers of chasing yield (the stock had a dividend yield of 7.7% as of yesterday evening). Despite its $45 billion market cap, $2.4 billion in cash on hand, and single-A credit rating, COP slashed its quarterly dividend from $0.74 per share to $0.25 per share, representing a 66% reduction. The stock's yield just fell from 7.7% to 2.6% (using yesterday's closing stock price of $38.63 per share), and a theoretical $10,000 investment in COP will see its annual income generation drop from about $770 to $260. Even worse, income investors that chased COP are sitting on another 2% capital loss [...]
Leggett & Platt (LEG): 44 Consecutive Years of Dividend Increases and a 3.1% Yield
Leggett & Platt (LEG) is a blue chip dividend stock that has rewarded investors with 44 consecutive dividend increases. With operations dating back to the 19th century and a 3.1% dividend yield, LEG is an interesting company for dividend investors to analyze. Business Overview LEG was founded in 1883 and patented the first steel coil bedspring. Over 130 years later, the company has grown into a diversified manufacturer of a broad variety of engineered components and products (e.g. innersprings, recliner mechanisms, adjustable beds, steel wire, seat frames, carpet cushion, armrests, etc.) used in bedding, furniture, carpet, cars, planes, and more around the world. By end market, 21% of LEG’s 2014 revenue was bedding, 16% fabric / carpet [...]