Below are some dividend paying companies with upward price momentum. They all have market capitalizations greater than $1 billion, and share prices that have increased more than 20% within the last 90 days.
Agnico-Eagle Mines AEM is a Canadian miner and producer of gold and other metals. The company recently broke above its 200-day moving average for the first time since September 2011. Thursday, Shares traded more than 25% higher than they did 90 days ago. Agnico-Eagle has a market capitalization around $7.1 billion and a dividend yield close to 1.9%. The stock has outperformed larger Newmont Mining NEM year to date.
Coca-Cola FEMSA KOF shares have been riding new multiyear highs since the beginning of 2012. The company's share price rose more than 30% higher year to date. The Mexico City based Coca-Cola bottler has a dividend yield of around 1.6% and a market capitalization near $24.8 billion. Analysts' long-term EPS growth forecast is around 13.3% and the firm's operating margin is higher than the industry average. The stock has outperformed Coca-Cola KO and the broader markets over the previous six months.
Dallas-based Dean Foods DF was the best-performing S&P 500 stock in May and was trading Thursday near a multiyear high. In May, the company posted better-than-expected first-quarter earnings and offered optimistic guidance. This dairy products producer has an approximate $3.1 billion market capitalization and a long-range EPS growth forecast around 13.2%. Over the previous six months, the stock has outperformed Smithfield Foods SFD and the broader markets.
See also: Dean Foods Up 10% on Strong Earnings and Guidance
Expedia EXPE has seen a couple of analyst downgrades recently despite forecasts for continued strong growth. The dividend yield of this approximately $6.1 billion market cap company is close to 0.8%. The company's long-term EPS growth forecast is around 11.5%. Shares were trading about 66% higher year to date despite pulling back a bit on recent downgrades. The stock has outperformed competitors Orbitz Worldwide OWW and Priceline.com PCLN over the preceding three months.
Family Dollar Stores FDO has recently seen a couple of analyst upgrades and thus reached a new multi-year high. The discount retailer has a dividend yield of around 1.2% and a market capitalization near $8.2 billion. The firm's return on equity is about 33.8%. Moreover, the company's share price is up more than 20% over the previous quarter despite an approximate 4% pullback from a recent high. The stock has outperformed competitors Dollar General DG and Walmart WMT over the past 90 days.
See also: Big Growth Plans for Target and Family Dollar
Ferrellgas Partners FGP exceeded earning and sales estimates in the most recent quarter, due in part to cost cutting efforts. The propane distributor has a dividend yield of around 10.7% and a market capitalization close to $1.5 billion. Shares have surged more than 20% in the past month, but are still more than 11% below their 52-week high. The CEO and CFO have recently purchased more than 40,000 shares. Year to date, the stock has outperformed larger rival AmeriGas Partners APU.
See also: Hewlett-Packard, Yahoo! and Other Stocks Insiders Are Buying
UK-based InterContinental Hotels Group IHG has seen its share price rise more than 35% since the beginning of the 2012 and is trading near a multiyear high. Analysts expect the company to report year-over-year growth in both sales and EPS for the second quarter. The company has an approximate $7.2 billion market capitalization and a return on equity of around 102.4%. In addition, the company offers a dividend yield of around 2.2%. The stock has outperformed peers Hyatt Hotels H and Marriott International MAR over the previous six months.
Action Items:
ETFs: Traders interested in dividend-focused exchange traded funds (ETFs) might want to consider the following funds:
- PowerShares KBW High Dividend Yield Financial Portfolio KBWD is up around 8% year to date.
- WisdomTree Equity Income Fund DHS is up more than 6% year to date.
- WisdomTree SmallCap Dividend Fund DES is up nearly 6% year to date.
- Torch Energy Royalty Trust TRU has a dividend yield close to 39.8%.
- BBVA Banco Frances BFR has a dividend yield around 33.7%.
- James Hardie Industries JHX has a dividend yield near 19.3%.
DESWisdomTree U.S. SmallCap Dividend Fund
$34.43-%
DGDollar General Corp
$76.40-%
DHSWisdomTree U.S. High Dividend Fund
$95.531.96%
EXPEExpedia Group Inc
$185.150.22%
HHyatt Hotels Corp
$159.84-%
IHGInterContinental Hotels Group PLC
$125.87-%
JHXJames Hardie Industries PLC
$31.40-0.88%
KBWDInvesco KBW High Dividend Yield Financial ETF
$15.001.42%
KOCoca-Cola Co
$62.570.03%
KOFCoca-Cola Femsa SAB de CV
$79.63-%
MARMarriott International Inc
$283.96-%
NEMNewmont Corp
$38.400.31%
TRUTransUnion
$95.11-%
WMTWalmart Inc
$92.480.26%
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In:
Long IdeasNewsDividendsSpecialty ETFsUpgradesDowngradesAnalyst RatingsTrading IdeasETFsAgnico-Eagle MinesAmeriGas PartnersBBVA Banco FrancesCoca-colaCoca-Cola FemsaDean Foodsdividend ETFsdividend stocksdollar generalExpediafamily dollarferrellgas partnersHyatt HotelsInterContinental HotelsJames Hardie IndustriesMarriott Internationalnewmont miningOrbitz Worldwidepriceline.comSmithfield FoodsTorch Energy Royalty TrustWalmart
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in