Tuesday, February 19, 2013

The 2013 Dividend Achievers

For investors in dividend growth stocks, The Broad Dividend Achievers™ Index is one of the most widely used resources. With 201 stocks on the 2012 list, it is certainty one of the largest lists and contains most stocks listed on other similar lists. In addition, to the mainstream dividend growth stocks, The Broad Dividend Achievers lists many up and coming stocks that could one day find a place in our portfolios.

The Broad Dividend Achievers™ Index is comprised of companies:

1. Incorporated in the United States or its territories
2. Trade on the NYSE, NASDAQ or AMEX
3. Have increased dividends 10 or more consecutive years
4. Have an average daily trading volume $500,000 per day

Companies are weighted based on their market capitalization as of the last trading date in December. No constituent may weight more than 5% of the index on the annual reconstitution date or quarterly rebalance date. The index is reconstituted annually on the last trading date in January.

The 2013 edition of The Broad Dividend Achievers™ was recently released. The increase to 201 companies was made up of these additions and deletions:

Companies Added To The Index

The Andersons, Inc. (ANDE) | Yield: 1.3%
Alliance Resource Partners LP (ARLP) | Yield: 7.1%
Avista Corp. (AVA) | Yield: 4.6%
Cracker Barrel Old Country Store, Inc. (CBRL) | Yield: 3.0%
AGL Resources Inc. (GAS) | Yield: 4.7%
International Flavors & Fragrances Inc. (IFF) | Yield: 1.8%
Lincoln Electric Holdings Inc. (LECO) | Yield: 1.4%
Lockheed Martin Corporation (LMT) | Yield: 5.2%
Lindsay Corporation (LNN) | Yield: 0.5%
Maxim Integrated Products, Inc. (MXIM) | Yield: 3.0%
National Health Investors Inc. (NHI) | Yield: 4.1%
ONEOK Inc. (OKE) | Yield: 3.0%
Occidental Petroleum Corporation (OXY) | Yield: 2.5%
Rollins Inc. (ROL) | Yield: 1.4%
Sunoco Logistics Partners L.P. (SXL) | Yield: 3.6%
Tiffany & Co. (TIF) | Yield: 2.0%
Westwood Holdings Group Inc. (WHG) | Yield: 3.7%
The York Water Company (YORW) | Yield: 3.0%

Companies Removed From The Index

Avon Products Inc. (AVP)
Delphi Financial Group (DFG)
Inergy, L.P. (NRGY)
Corporate Office Properties Trust (OFC)
Pentair Ltd. (PNR)
Sanderson Farms, Inc. (SAFM)
Suburban Propane Partners, L.P. (SPH)
Transatlantic Holdings, Inc. (TRH)
Washington Real Estate Investment Trust (WRE)

There are some new names on the addition list that I will be looking at in the coming weeks to determine if they are a good fit for my portfolio. Unfortunately, I will be removing several names on the deletion list from my Ideas Page.

Full Disclosure: Long LMT in my Dividend Growth Portfolio, and long AVA, NHI in my High-Yield portfolio. See a list of all my dividend growth holdings here.

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- 9 High-Yield Dividend Achievers With 25 Years of Increases
- 7 Dividend Stocks For A Confident And Secure Future
- 7 High Yielders With A Low Free Cash Flow Payout

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