Ex-Dividend Dates Calendar: June/July 1st week

Welcome to TEV’s calendar of ex-dividend dates. Dividends are a great thing. Even in bad stock market times, they provide a juicy cash flow per month. If you want to benefit from dividend payments as quickly as possible, you must pay attention to the ex-dividend dates. This date is the day on which shares are traded without their subsequent dividend value. Only if you owned the stocks on this day are you entitled to receive the dividend.

Why yields are a simple way to screen companies

Usually, there are always exciting dividend companies that are worth a second look. And the dividend yield is an excellent way to get an initial overview of companies that may be worth further due diligence. To help you get started, at the end of each week, I will publish the ex-dividend dates for the coming week of individual companies here in the TEV blog.

Why I handpick and double-check the ex-dividend dates

I have recently noticed that many databases do not indicate the respective numbers and dates correctly. Spontaneous dividend cuts, in particular, are only partially taken into account, or in some cases, not at all. As a result, the value of such overviews dwindles enormously.

Therefore, I’ve decided to select individual companies by hand and check the dates and dividend yields on the company websites. This means more work for me but increases the value of this section enormously, so it is worth it 🙂

Ex-dividend dates calendar for the last days of June and the first week of July 

Here we go. Below you will find an overview of next week (tip: if you use a Smartphone, hold the Smartphone horizontally)!

CompanyPayment DateYieldIn my retirement portfolio
Monday, June 29, 2020
Yamana Gold Inc.(AUY)July 14, 20201.25%NO
Deere & Co (DE)August 10, 20202%NO
Mondelez International Inc. (MDLZ)July 14, 20202.25%NO
Paramount Group Inc. (PGRE)July 15, 20205.2%NO
Stryker Corp. (SYK)July 31, 20201.3%NO
Vereit Inc. (VER)July 15, 20204.7%NO
W.P. Carey (WPC)July 15, 20206.2%NO
National Fuel Gas (NFG)July 15, 20204.42%NO
STAG Industrial (STAG)July 15, 20205%NO
Store Capital (STOR)July 15, 20205.8%NO
Thor Industries (THO)July 14, 20201.5%NO
York Water (YORW)July 15, 20201.56%NO
Tuesday, June 30, 2020
Air Products & Chemicals (APD)August 10, 20202.3%NO
Cardinal Health Inc. (CAH)July 15, 20203.74%NO
Comcast Corp (CMCSA)July 22, 20202.4%NO
Cosolidated Water Co. (CWCO)July 31, 20202.33%NO
Realty Income Corp. (O)July 15, 20204.7%YES
Koninklijke Philips NV (PHG)July 07, 20202.1%NO
Ventas (VTR)July 14, 20205%NO
Wednesday, July 01, 2020
American Express (AXP)August 10, 20201.8%NO
General Dynamics (GD)August 07, 20203%NO
Keurig Dr. Pepper Inc. (KDP)July 17, 20202.1%NO
Morningstar Inc. (MORN)July 31, 20200.8%NO
Sysco (SYY)July 24, 20203.28%NO
Thursday, July 02, 2020
Bristol-Myers Squibb Co. (BMY)August 03, 20203.12%NO
Cisco Systems Inc. (CSCO)July 22, 20203.2%YES
JPMorgan Chase & Co.(JPM)July 31, 20203.8%NO
MCCormick&Co (MKC)July 20, 20201.42%NO
Friday, July 03, 2020
L'oreal (LRLCF; OREP)July 07, 20201.3%NO

What’s interesting this week?

This week some REITs are on the list again, especially on Monday. Besides, there are many companies in the coming week that I find very interesting. My extended watchlist includes the following stocks in particular:

  • Deere & Co.
  • Stryker Corp.
  • Cardinal Health Inc.
  • American Express
  • General Dynamic
  • Keurig Dr. Pepper Inc.
  • Bristol-Myers Squibb Co.
  • MCCormick&Co.

Especially the following companies are worth a second look:

Sysco (35.9 percent off pre-COVID-19 high)

According to the company, Sysco is a global leader in the sale, marketing, and distribution of food products. Its costumers are restaurants, health and education institutions, lodging establishments, and other customers who prepare meals away from home. Its product portfolio also includes tools and supplies for the foodservice and hospitality industries. 

The company has increased its dividend every year for 49 years. The average growth rate over the last ten years is 4.8 percent. In the previous three years, Sysco has increased the dividend by 7.95 percent on average. The current dividend yield is 3.27 percent. However, the payout ratio is relatively high at 90 percent. The buffer for the company in the event of a longer-lasting pandemic is, therefore, relatively small.

From a fundamental perspective, the company is currently undervalued, which is the first time in more than five years that Sysco has reached such a valuation level. Due to the closure of many locations, Sysco suffers particularly from COVID-19, but in the long term, the current prices could represent an excellent buying opportunity.

Fair value calculation Sysco
Fair value calculation Sysco

American Express (28.5 percent off pre-COVID-19 High)

American Express is a global provider of financial services. The product portfolio includes credit cards, business travel services, payment cards (credit cards) as well as banking, investment, and insurance services.

American Express also suffers significantly from COVID-19 and the associated restrictions on travel and payment volumes. That is why the company has received a reasonable valuation level after years of overvaluation. A current PE ratio of less than 15 could also be a good entry opportunity. The dividend yield is currently around 1.7 percent. The average growth rate of the dividend over the last five years is at a healthy 10.3 percent level. The payout ratio of under 60 percent is also reasonable.

Fair value calculation American Express
Fair value calculation American Express

General Dynamics (36 percent off pre-COVID-19 High)

General Dynamics is a US aerospace and defense group. Its product portfolio includes business jets and combat vehicles such as the F-16, as well as nuclear-powered submarines, weapons systems, and munitions as well as communication systems. 

I don’t generally invest in defense companies. Still, I believe that every investor should decide for himself what to do with his or her money, and I understand the arguments for investing in well-managed companies like General Dynamics. General Dynamics currently enjoys an excellent rating. In fact, since 2013, the company has again entered an area of undervaluation. The reason for this is that air traffic, which has been restricted due to COVID-19, could have a particularly negative impact on the company. Conversely, demand for smaller private aircraft could also increase. No matter how it comes, there will be a time after Corona, so there could be an exciting buying opportunity here in every respect.

The current dividend yield is about 3 percent and thus relatively high. General Dynamics has increased its dividend payout every year for 25 years now. The dividend increases in recent years have also been excellent. For example, the dividend has grown by an average of 10 percent in the last ten, five, and three years. The payout ratio of below 40 percent is also extremely sustainable.

Fair value calculation General Dynamics
Fair value calculation General Dynamics

Time to do your due diligence

Has a company caught your interest? Attractive dividend yields should not be the only reason to buy shares of a company. Instead, you must carry out careful due diligence before every purchase. The Internet offers you excellent opportunities in this respect.

My analyses here on the TEV Blog are an excellent way to start (click here). You can also contact me here or ask the community in the comments if they can help with your due diligence.

Otherwise, I use tools like those from Dividendstocks.cash and Seeking Alpha to do further research. You can also find me and my analyses on these platforms.



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