safety in size. Giant corporations aren't randomly grown. Instead, they are carefully built through superior management and foresight. Often these are more mature companies that also offer stability and predictability, usually at the expense of dynamic growth. These are your mega-cap stocks.
There is no universal definition of mega-cap stocks. Many define mega-cap as companies with a market cap exceeding $100 billion. Needless to say, most mega-cap companies are headquartered in the U.S., Europe and Japan. The 2000's commodity boom resulted in many energy and resource companies achieving mega-cap status, while the financial crisis resulted in some of the financial institutions losing mega-cap status.
This week week, I screened my dividend growth stocks database for stocks with a market cap over $100 billion and with a dividend yield above 3%. The results are presented below:
Pepsico, Inc. (PEP)
Yield: 3.1% | Market Cap: $101.9B
PepsiCo, Inc. is a major international producer of branded beverage and snack food products.
Verizon Communications Inc. (VZ)
Yield: 5.1% | Market Cap: $108.8B
Verizon Communications Inc. offers wireline, wireless and broadband services primarily in the northeastern United States. It acquired MCI in 2006 and has since sold or spun off non-core assets. Alltel was acquired in early 2009.
Intel Corporation (INTC)
Yield: 3.3% | Market Cap: $127.4B
Intel Corporation is the world's largest manufacturer of microprocessors, the central processing units of PCs, and also produces other semiconductor products.
AT&T Inc. (T)
Yield: 5.9% | Market Cap: $172.0B
AT&T Inc. (formerly SBC Communications) provides telephone and broadband service and holds full ownership of AT&T Mobility (formerly Cingular Wireless). AT&T plans to acquire T Mobile USA, subject to approvals, in 2012.
Johnson & Johnson (JNJ)
Yield: 3.5% | Market Cap: $176.2B
Johnson & Johnson is a leader in the pharmaceutical, medical device and consumer products industries.
Procter & Gamble (PG)
Yield: 3.2% | Market Cap: $178.8B
The Procter & Gamble Company is a leading consumer products company the markets household and personal care products in more than 180 countries.
Microsoft Corporation (MSFT)
Yield: 3.1% | Market Cap: $216.2B
Microsoft, the world's largest software company, develops PC software, including the Windows operating system and the Office application suite.
As with past screens, the data presented above is in its raw form. Some of the the companies would be disqualified for poor dividend fundamentals. However some of the others may be worth additional due diligence.
My database, D4L-Data, is an Open Office spreadsheet containing more than 20 columns of information on the 210+ companies that I track. The data is sortable and has built-in buttons and macros to make it easy to use. Companies included in the list are those that have had a history of dividend growth. The D4L-Data spreadsheet is a part of D4L-Premium Services and is updated each Saturday for subscribers.
Full Disclosure: Long MSFT, PG, JNJ, T, INTC, and PEP in my dividend growth portfolio and VZ in my high-yield portfolio. See a list of all my dividend growth holdings here.
- 7 Stocks Priced For Buying
- The Next Great Company
- Inverted Yield On Cost Curve
- Are You Creating Your Greatest Missed Opportunity?
- The MMA Rate Mystery Solved
Tags: [MSFT] [PG] [JNJ] [T] [INTC] [VZ] [PEP]
Popular Posts - Last 7 days
Monday, October 31, 2011 will mark my fourth full year of writing as Dividends4Life . It is hard to believe another year has passed. Like th...
A stock dividend , also known as a "scrip dividend", is a dividend payment made with stock instead of cash. Sometimes when compani...
The S&P 500 Index is owned and maintained by Standard & Poor's, a division of McGraw-Hill. The index was first published in 195...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
Each Sunday I highlight any notable articles that I came across over the past week. Though I may not always agree with each of the articles ...
Linked here is a detailed quantitative analysis of Colgate-Palmolive (CL). Below are some highlights from the above linked analysis: Comp...
Linked here is a detailed quantitative analysis of Pepsico, Inc. (PEP). Below are some highlights from the above linked analysis: Company...
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
When looking for value-priced stocks , the Price-To-Book (P/B) ratio is one that I like to consider. P/B is calculated as share price divide...
Performance and sustainability - that's what investors in Dividend Growth Stocks are looking for. It's very easy to find stocks wi...