This is a 1-year performance recap of the stocks mentioned in an article published on March 26, 2010 generated by Chuck Carnevale of EDMP Inc.
| Symbol | Name | 3/26/2010 | 3/18/2011 | % change | Yield at rec'd |
| MKC | McCormick | 36.67 | 49.61 | 35.29% | 2.70% |
| ADP | ADP | 42.86 | 50.37 | 17.52% | 3.00% |
| CLX | Clorox Co. | 62.47 | 69.48 | 11.22% | 3.10% |
| SYY | Sysco Corp. | 28.18 | 27.86 | -1.14% | 3.50% |
| PG | Procter & Gamble | 61.78 | 60.88 | -1.46% | 2.80% |
| PEP | Pepsico, Inc. | 64.61 | 63.98 | -0.98% | 2.70% |
| ABT | Abbott Labs | 51.07 | 48.03 | -5.95% | 3.00% |
| HCBK | Hudson City Bancorp | 13.31 | 9.87 | -25.85% | 4.30% |
| Average | 3.58% | 3.14% | |||
The average total return for this portfolio was 3.58% while the median was –1.06%. Only two of the stocks managed to exceed the market performance. The remaining 6 stocks averaged –4.02% over the last year. Although this list comprised mainly of Dividend Achievers, stocks that have increased their dividend every year for the last 10 years, the performance was well below that of the Dow Industrials and S&P 500 Index which averaged over 12.62% and 12.63%, respectively.
McCormick & Company (MKC) and Automatic Data Processing (ADP) handily exceed the returns of the Dow Industrials and Standard and Poor’s Index with 35.29% and 17.52% returns, respectively. The other current and former Dividend Achievers were all in the negative by narrow margins except Hudson City Bancorp (HCBK). The small losses over the last year justifies retaining long-term positions in the Dividend Achievers as long as the earnings support growth and consistency of the dividends.
It is noted that at the time of the recommendation of these stocks, they were at or near their respective 52-week highs. This is a critical element, recommending stocks at the high, that we strive to avoid. Our most recent list of Dividend Achievers with the one year performance can be found here.
*All 2010 prices are adjusted to reflect dividends and splits.