Watch List Performance Review
In our ongoing review of the NLO Dividend Watch List, we have taken the top five stocks on our list from March 29, 2013 and have checked the performance one year later. The top five companies on that list can be seen in the table below.
Symbol | Name | 2013 Price | 2014 Price | % change |
CATO | Cato Corp. | 24.14 | 26.72 | 10.7% |
EXPD | Expeditors International | 35.73 | 39.21 | 9.7% |
SBSI | Southside Bancshares | 21.01 | 30.59 | 45.6% |
FDS | FactSet Research Systems | 92.60 | 106.18 | 14.7% |
MYE | Myers Industries | 13.96 | 19.73 | 41.3% |
Average | 24.4% | |||
DJI | Dow Jones Industrial | 14,572.90 | 16,323.06 | 12.0% |
SPX | S&P 500 | 1,562.17 | 1,857.62 | 18.9% |
Our top five did amazingly well and outperformed the market by a good margin. We made remarks in regards to Cato (CATO) and Expeditors (EXPD) both of which slightly underperformed the market at year end. However, within the year, Cato gained as much as +40% while Expeditors gained as much as +30%, as seen in the chart below.
An interesting observation should be noted about the price performance and earning per share growth. It appeared that in some cases, earning per share growth or contraction has little correlation to the change in the stock price. The table below highlights the matter.
Symbol | Name | 2013 EPS | 2014 EPS | % change |
CATO | Cato Corp. | 2.18 | 1.86 | -14.7% |
EXPD | Expeditors International | 1.57 | 1.68 | 7.0% |
SBSI | Southside Bancshares | 2.00 | 2.30 | 15.0% |
FDS | FactSet Research Systems | 4.22 | 4.75 | 12.6% |
MYE | Myers Industries | 0.88 | 0.76 | -13.6% |
U.S Dividend Watch List: March 28, 2014
Below are the 32 companies that are in our watch list this week.