camsex

How I Use Value Line Reports to Quickly Assess A Dividend Growth Stock

Alex the Formula One Golden Retriever

Finding the right dividend growth candidates to invest in can be very time consuming. There is so much information out there that it can become overwhelming. Today I’m going to talk about how I use Value Line’s Investment Survey reports to quickly see if a stock I’m interested in, warrants further research and potentially my money.

Most public libraries will have free access to these Value Line reports, but the Value Line website also provides free copies of these reports for companies in the the Dow 30. Coca-Cola [download the PDF file here to follow along. In this download, I’ve highlighted the areas on the report that I focus on.

Dividend Yield

You’ll find dividend yield in the top right hand corner of the report.

I typically like to see a dividend yield of at least 2.5%,

… Continue reading How I Use Value Line Reports to Quickly Assess A Dividend Growth Stock

Coca Cola Company Dividend Stock Analysis

Cokey Low-key

Coca Cola Co. is one of those companies that dividend growth investors drool over. The company has been paying out increasing dividends each year for over 50 years. Its products are sold all over through one of the best distribution networks in the world. It has a wide economic moat and Warren Buffet’s company Berkshire Hathaway (BRK.B Trend Analysis) is a significant shareholder in the company.

For a conservative investor like me, it can be hard to find an entry point in great companies like Coca Cola Co. that I’m comfortable with. They don’t go on sale very often. Coca Cola Co. has been creeping closer to Morningstar’s 5 star price of $36 lately, so I thought now would be a good time to take a closer look at the company.

10 Year Stock Chart

Coca Cola Co.’s stock has been on a tear since 2009, but then again most stocks have. Looking at the 10 year return it is average. The 10 year annual average return is 4.4%. If we include the dividend payments over the past 10 fiscal years (Total dividends paid of $7.22) then the total average annual

… Continue reading Coca Cola Company Dividend Stock Analysis

Target Corporation Dividend Stock Analysis

Target old logo

Two of the blogs I follow (Dividend Growth Investor and Dividend Mantra) recently announced that they bought shares of Target Corporation. I have a similar strategy to these other bloggers, so I thought I should check Target Corporation out too. Target Corporation has been having difficulty with its Canadian expansion plans and they recently announced higher than expected costs. They are also trying to recover from a data breach. Not surprisingly this has caused the share price to drop recently. In cases like these it can be an opportunity to buy quality companies at discounted prices. The trick is to identify if the share price drop is related to short term news, or because of a fundamental shift in the company or industry. I think in the long term Target Corporation will be able to rebound from these events, which is why I thought now would be a good time for a dividend stock analysis and to determine the price I’d be willing to buy at.

Company information

Target Corporation is a general merchandis

Sourced from Yahoo Finance

Target

… Continue reading Target Corporation Dividend Stock Analysis

Potash Corporation of Saskatchewan Inc. Dividend Stock Analysis

Evaporation Ponds

Jesse Varner / Foter / CC BY-NC-SA

Today, I’m taking a break from The Great Canadian Banking Series to look into Potash Corporation of Saskatchewan Inc (Click for a FREE trend analysis of TSE:POT) which I recently purchased. I’m interested in this company for a number of reasons. The first is that Morningstar has it rated as a wide moat stock. Awhile ago I wrote an article about US dividend champions with a wide moat rating from Morningstar. During my research for this article I looked at a few Canadian companies with wide moat ratings and Potash was one of them. Since then it has been on my radar.

If you look at my portfolio, you’ll notice that it is not the most diversified. I’m working to fix this, so I’ve been looking for a basic material company. This is my second reason.

The third reason

… Continue reading Potash Corporation of Saskatchewan Inc. Dividend Stock Analysis

The Great Canadian Banking Series: Royal Bank of Canada Dividend Stock Analysis (Part 4 of 10)

Calling out All

Insight Imaging: John A Ryan Photography / Foter / CC BY-NC-SA

Welcome to part four of The Great Canadian Banking Series. In this 10 part series I examine the Canadian banking sector to identify good dividend growth candidates. In part two of the series I looked into Bank of Nova Scotia and in part three I looked at Toronto-Dominion Bank. Today I’ll be looking into Royal Bank of Canada.

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a

… Continue reading The Great Canadian Banking Series: Royal Bank of Canada Dividend Stock Analysis (Part 4 of 10)

The Great Canadian Banking Series: Toronto-Dominion Bank Dividend Stock Analysis (Part 3 of 10)

My Bank, Streetsville: Toronto Dominion/Canada Trust

bill barber / Foter / CC BY-NC

Welcome to part three of The Great Canadian Banking Series. In this 10 part series I examine the Canadian banking sector to identify good dividend growth candidates. In part two of the series I looked into Bank of Nova Scotia. Today I’ll be looking into Toronto-Dominion Bank.

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a good dividend growth candidate to invest in.

Company Description

From Google Finance:

“The Toronto-Dominion Bank is a bank. The Toronto-Dominion Bank and its subsidiaries are collectively known as TD

… Continue reading The Great Canadian Banking Series: Toronto-Dominion Bank Dividend Stock Analysis (Part 3 of 10)

The Great Canadian Banking Series: Bank of Nova Scotia Dividend Stock Analysis (Part 2 of 10)

Bank of Nova Scotia

Grant MacDonald / Foter / CC BY-NC

Welcome to part two of The Great Canadian Banking Series. In this 10 part series I examine the Canadian Banking Sector to identify good dividend growth candidates. Today I’ll be looking into Bank of Nova Scotia.

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a good dividend growth candidate to invest in.

Bank of Nova Scotia Dividend Stock Analysis

I chose Bank of Nova Scotia (Click for a FREE trend analysis of TSE:BNS) as the first bank to review, because it is the largest bank

… Continue reading The Great Canadian Banking Series: Bank of Nova Scotia Dividend Stock Analysis (Part 2 of 10)

TELUS Dividend Stock Analysis: Good, But I Prefer Rogers Communications

TelusStore

Stu pendousmat / Foter.com / CC BY-SA

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a good dividend growth candidate to invest in.

TELUS Dividend Stock Analysis

Canadian Telecom stocks have been dropping in price ever since Verizon Communications announced that they plan to buy WIND Mobile. Rogers Communications and TELUS have been hit the hardest because a larger portion of their income is from wireless communications, which Verizon would compete for. With this recent drop, Rogers Communications is close to my target price, so I thought it would be a good time to review TELUS.

Company Description

From Google Finance:

“TELUS Corporation (TELUS), incorporated on

… Continue reading TELUS Dividend Stock Analysis: Good, But I Prefer Rogers Communications

CH Robinson Worldwide Dividend Stock Analysis

Gastown Railyards

ecstaticist / Foter.com / CC BY-NC-SA

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a good dividend growth candidate to invest in.

CH Robinson Worldwide Dividend Stock Analysis

I’ve been working on an article about companies with strong competitive advantages. Part of the research for this involved making a list of dividend growth stocks that have a wide moat rating from Morningstar. As part of the article I was planning on doing a brief summary of some companies that were close to a five star rating. During this process I stumbled across CH Robinson Worldwide. The more I looked into it, the more I liked the company, so I ended up

… Continue reading CH Robinson Worldwide Dividend Stock Analysis

Caterpillar Inc. Dividend Stock Analysis

Kamioni-Caterpillar-01

metaphorge / Foter.com / CC BY-NC-SA

Before I start the dividend stock analysis I want to mention to new readers that there is another article that you may want to read first. The other article better explains what I’m looking for in a company from a dividend growth perspective and why I analyze specific company components and ratios. The other article is meant more as an educational tool so that readers can better understand my dividend stock analyses. This dividend stock analysis will look at the company to identify if it is a good dividend growth candidate to invest in.

Caterpillar Dividend Stock Analysis

Company Description

From Google Finance:

“Caterpillar Inc. (Caterpillar) is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. It operates in two segments: Machinery and Power Systems, and Financial Products. Machinery and Power Systems represents a total of Construction Industries, Resource Industries, Power Systems and All Other segments and related corporate items and eliminations. Financial Products includes the Company’s Financial Products Segment. This category includes Cat Financial and Caterpillar Insurance Holdings Inc. Effective March 1, 2012,

… Continue reading Caterpillar Inc. Dividend Stock Analysis