When Donald Taylor is screening companies for the Franklin U.S. Rising Dividends Fund that he manages, the candidates have to pass a series of tests. He and his team at Franklin Templeton Investments also look for companies with a conservative payout ratio (dividends as a percentage of profits), strong market position and a management team that has demonstrated an ability to reinvest funds back into the business profitably.
The goal is to find “companies that we think can grow their dividends by 8, 10 or 12 per cent a year, hopefully higher in some cases, for a long time to come,” Mr. Taylor says. Consider this list as a starting point for further research: Chevron Corp. (CVX-NYSE), Pentair Ltd. (PNR-NYSE), Air Products and Chemicals Inc. (APD-NYSE), Dover Corp. (DOV-NYSE) and United Technologies Corp. (UTX-NYSE).
Source: Globe and Mail
Related Articles:
- 9 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout
- 4 Dividend Stocks To Avoid The Social Security Blues
- Who is Ben Grossbaum and Why Should We Listen to Him?
- 9 High-Yielding Mega-Cap Stocks
- Best Stocks for 2013
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.