Thursday, 11 August 2016

Dividend Aristocrat Chemical Company Makes Best Dividend Stocks List


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Dividend Aristocrat Chemical Company Makes Best Dividend Stocks List


As of today, Dividend.com is adding a chemical company to the Best Dividend Stocks list. This company has a 75-year operating history and is on the exclusive Dividend Aristocrat list – only companies in the S&P 500 that have raised their dividend for 25 consecutive years make the list.

This chemical company produced almost $10 billion of revenue in 2015. In 2016, this company is expected to earn $7.42 per share, which would represent 13% year-over-year earnings growth. In 2017, the company is expected to grow earnings another 9.8%, to $8.15 per share.

It has a long operating history and a proven track record of creating value for shareholders. Going forward, a positive catalyst will be a spin off that the company is planning to do, which represents 20% of its business.


4 Reasons Why You Should Own This Stock:

  • You can get exposure to a chemical company that is a Dividend Aristocrat.
  • With a payout ratio in the mid-40s, and a 9.8% expected growth in the bottom line in 2017, the company is very likely to keep raising its dividend.
  • The stock trades at 19.7 times projected 2016 earnings, which is a fair valuation according to us, given its stellar record of paying dividends.
  • It has operations in over 50 countries, serves more than 30 industries and has 170,000+ customers worldwide.
Stock Symbol  Unlock   Price Recommended  Unlock
Company Name  Unlock   Date Recommended 06/30/2016
DARS Rating 3.9   Ex-Div Date  Unlock
Current Yield 2.31%   Pay Date  Unlock
All data in the table above updated as of 08/11/2016.

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MORE ABOUT THIS STOCK

Trailing 5-Year Dividend Payout History

  • Annualized Growth Over Last 5 Yrs: 10.8%.

As a dividend investor you need access to the best and safest stocks in the market. Dividend.com’s DARS ratings have been providing you with reliable and profitable stock analysis since 2008, and this addition is no exception.

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