Quickly Identifying Undervalued Dividend Growth Stocks in the May 31, 2013 Updated Canadian Dividend All-Star List

I Spy

Flооd / Foter.com / CC BY-NC-ND

I’ve updated the Canadian Dividend All-Star List for the month. You can download the latest version here. For awhile now I’ve wanted to add some extra information to the list. It took quite awhile, but I was finally able to finish it. I’m quite excited about these changes as I think they add real value to the list.

The list now includes the low stock price for every year for the past decade. This information allowed me to determine the highest yield for each of the past 10 years and the 3, 5, and 10 year average highest yield amounts. I’ve also included columns that compare the current yield to the averages so that you can quickly see if there are any companies that look undervalued based on yield. You’ll find more details in the Notes tab of this month’s downloadable list.

The low stock prices and highest yield averages are the biggest changes this month, but there were also some smaller changes that have been updated in the list: