U.S. Dividend Watch List: July 5, 2024

The market continue its upward trajectory this week closing at its all-time high of 5,567 with YTD gain of 17%. Let’s look at some of companies that made our list this week.

Symbol Company Name  Last
Price
 % from
low
 P/E  EPS
(TTM)
 P/B  Yield  Payout
Ratio
MYE Myers Industries, Inc. 12.53 0.48% 11.8 1.06 1.6 4.3% 51%
POOL Pool Corporation 299.78 0.57% 23.4 12.80 8.6 1.5% 34%
SON Sonoco Products Company 48.50 0.58% 12.2 3.96 2.0 4.2% 52%
NSP Insperity, Inc. 89.06 0.64% 21.7 4.10 23.9 2.6% 56%
PII Polaris Inc. 74.24 1.23% 10.9 6.83 3.0 3.5% 38%
CBRL Cracker Barrel Old Country Store, Inc. 39.38 1.29% 14.6 2.70 2.0 13.2% 193%
MNRO Monro, Inc. 22.57 1.35% 19.1 1.18 1.0 5.0% 95%
PLOW Douglas Dynamics, Inc. 21.64 1.36% 18.2 1.19 2.3 5.5% 99%
NWN Northwest Natural Holding Company 35.31 1.41% 15.6 2.27 1.0 5.5% 86%
SPTN SpartanNash Company 18.00 1.47% 11.6 1.55 0.8 4.8% 55%
NKE NIKE, Inc. 75.43 1.53% 20.2 3.73 7.9 1.9% 39%
BDX Becton, Dickinson and Company 227.76 1.68% 48.8 4.67 2.6 1.6% 80%
VLY Valley National Bancorp 6.58 1.70% 7.7 0.85 0.5 6.7% 52%
BF-B Brown-Forman Corporation 42.39 1.73% 19.8 2.14 5.7 2.0% 40%
DE Deere & Company 360.03 1.95% 10.8 33.19 4.4 1.5% 17%
MCD McDonald's Corporation 251.09 2.18% 21.3 11.78 -37.4 2.5% 54%
SNA Snap-on Incorporated 255.35 2.21% 13.4 19.07 2.6 2.7% 36%
MATW Matthews International Corporation 23.95 2.26% 22.4 1.07 1.4 3.9% 88%
JNJ Johnson & Johnson 146.48 2.34% 21.8 6.72 5.0 3.2% 71%
BEN Franklin Resources, Inc. 22.09 2.41% 12.8 1.73 0.9 5.5% 71%
UPS United Parcel Service, Inc. 136.35 2.60% 19.7 6.91 6.9 4.8% 94%
HSY The Hershey Company 184.15 2.98% 18.3 10.09 9.1 2.6% 47%
MSM MSC Industrial Direct Co., Inc. 77.37 3.09% 15.1 5.14 3.1 4.2% 64%
JBHT J.B. Hunt Transport Services, Inc. 158.29 3.38% 25.1 6.30 3.9 1.1% 27%
RHI Robert Half Inc. 63.26 3.59% 18.9 3.35 4.3 3.1% 59%
WEC WEC Energy Group, Inc. 77.85 3.62% 17.0 4.58 2.0 4.1% 69%
HI Hillenbrand, Inc. 38.57 3.71% 32.7 1.18 1.6 2.3% 75%
CSCO Cisco Systems, Inc. 46.65 3.78% 15.8 2.96 4.1 3.4% 53%
CMCSA Comcast Corporation 37.86 3.93% 10.0 3.77 1.8 3.1% 31%
SJM The J. M. Smucker Company 109.89 3.97% 15.4 7.13 1.5 3.8% 59%
WST West Pharmaceutical Services, Inc. 322.56 4.05% 42.6 7.58 8.8 0.2% 10%
PPG PPG Industries, Inc. 125.23 4.07% 21.1 5.94 3.7 2.1% 43%
GIS General Mills, Inc. 62.88 4.23% 14.6 4.31 3.7 3.8% 55%
SBSI Southside Bancshares, Inc. 26.40 4.35% 9.8 2.70 1.0 5.3% 52%
GPC Genuine Parts Company 132.45 4.83% 14.8 8.97 4.2 2.9% 43%
NOC Northrop Grumman Corporation 434.73 4.87% 30.3 14.35 4.5 1.7% 52%
RGP Resources Connection, Inc. 10.23 5.03% 15.5 0.66 0.8 5.5% 85%
CCBG Capital City Bank Group, Inc. 26.81 5.34% 8.9 3.01 1.0 2.9% 26%
QNTO Quaint Oak Bancorp, Inc. 10.65 5.45% 8.9 1.20 0.5 4.9% 43%
PEP PepsiCo, Inc. 164.39 5.49% 24.8 6.64 11.9 3.1% 76%
ANDE The Andersons, Inc. 47.61 5.64% 13.4 3.54 1.3 1.6% 21%
SBUX Starbucks Corporation 76.05 5.92% 21.0 3.63 -10.2 2.9% 61%
IEX IDEX Corporation 194.69 5.94% 25.6 7.61 4.1 1.3% 34%
LAD Lithia Motors, Inc. 245.28 6.02% 7.2 33.87 1.1 0.8% 6%
ROK Rockwell Automation, Inc. 264.07 6.05% 25.8 10.22 8.5 1.8% 48%
SJW SJW Group 54.31 6.14% 20.3 2.67 1.4 2.8% 58%
HRL Hormel Foods Corporation 30.29 6.24% 21.6 1.40 2.1 3.7% 80%
MKTX MarketAxess Holdings Inc. 204.65 6.36% 30.1 6.81 5.9 1.4% 43%
ALB Albemarle Corporation 98.35 6.57% 35.6 2.76 1.2 1.6% 58%
NWE NorthWestern Energy Group, Inc. 48.99 6.57% 15.2 3.23 1.1 5.2% 80%
FLIC The First of Long Island Corporation 9.92 6.67% 9.3 1.07 0.6 8.5% 79%
LNN Lindsay Corporation 113.75 6.85% 17.3 6.57 2.6 1.2% 21%
BANF BancFirst Corporation 85.50 6.89% 14.0 6.12 1.9 2.0% 28%
TR Tootsie Roll Industries, Inc. 30.09 6.97% 23.0 1.31 2.6 1.2% 27%
ITW Illinois Tool Works Inc. 233.14 7.19% 23.0 10.14 23.0 2.4% 54%
CVS CVS Health Corporation 56.62 7.30% 9.9 5.70 1.0 4.4% 44%
ACN Accenture plc 299.14 7.34% 27.4 10.92 6.8 1.7% 46%
INDB Independent Bank Corp. 47.97 7.48% 9.3 5.18 0.7 4.6% 43%
INTC Intel Corporation 32.02 7.70% 33.0 0.97 1.3 1.6% 52%
FHI Federated Hermes, Inc. 32.57 7.74% 9.3 3.51 2.3 3.4% 32%
UVV Universal Corporation 48.00 8.11% 10.0 4.78 0.8 6.7% 67%
SLGN Silgan Holdings Inc. 41.32 8.42% 14.5 2.85 2.3 1.8% 26%
NDSN Nordson Corporation 226.61 8.47% 27.0 8.38 4.7 1.2% 32%
NJR New Jersey Resources Corporation 42.26 8.58% 16.8 2.52 2.1 3.9% 65%
MUR Murphy Oil Corporation 40.13 8.61% 11.1 3.61 1.2 2.8% 31%
THO THOR Industries, Inc. 91.99 8.80% 18.6 4.94 1.2 2.1% 38%
CME CME Group Inc. 196.40 9.04% 22.4 8.78 2.6 4.9% 110%
CHE Chemed Corporation 538.02 9.17% 28.9 18.62 7 0.3% 8%
COP ConocoPhillips 112.55 9.54% 12.7 8.84 2.7 3.2% 40%
RLI RLI Corp. 138.03 9.75% 19.1 7.23 4.1 0.8% 15%
FDS FactSet Research Systems Inc. 423.41 9.81% 32.0 13.25 8.5 0.9% 30%
NUE Nucor Corporation 153.84 9.83% 9.0 17.01 1.8 1.4% 12%
HP Helmerich & Payne, Inc. 35.35 9.88% 10.1 3.49 1.2 5.1% 52%

There are 46 Dividend Achievers (green) and 13 Dividend Aristocrat (blue) on this week’s list.

Utilizing our Price Momentum Indicator (PMI), companies below are worth looking into as their price have fallen drastically.

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Those seeking another level of safety on dividend payment may want to start with Dividend Aristocrat.

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