Welcome to a new overview of upcoming ex-dividend dates. Like every week, I want to show you some stocks that will go ex-dividend in the next days. I’ll also review a few companies that are currently in the focus of investors or that have an attractive fundamental valuation. Additionally, I’ll give you some insights into my retirement portfolio and/or share my thoughts and experiences about individual companies with you.
Why yields are a simple way to screen companies
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.
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 upcoming ex-dividend dates next week
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, which means more work for me but increases the value of this section enormously, so it is worth it 🙂
Ex-Dividend Dates Next Week? (33th calendar week?)
As always, you’ll find some handpicked exciting ex-dividend dates below.
|Company||Payment Date||Yield||In my retirement portfolio|
|Monday, August 10, 2020|
|Constellation Brands Inc. (STZ)||August 25, 2020||1.75%||NO|
|Skyworks Solutions Inc. (SWKS)||September 01, 2020||1.35%||NO|
|Hanesbrands Inc. (HBI)||September 01, 2020||4.2%||NO|
|Enterprise Bancorp Inc. (EBTC)||September 01, 2020||3.1%||NO|
|Papa John's (PZZA)||August 21, 2020||0.92%||NO|
|Tuesday, August 11, 2020|
|Southern Copper (SCCO)||August 25, 2020||3.03%||NO|
|American Water Works Company Inc. (AWK)||September 01, 2020||1.5%||NO|
|BankFinancial Corp. (BFIN)||August 28, 2020||5.2%||NO|
|Wednesday, August 12, 2020|
|Cambridge Bancorp (CATC)||August 27, 2020||3.8%||NO|
|Exxon Mobil (XOM)||September 10, 2020||7.9%||NO|
|Pool (POOL)||August 27, 2020||0.7%||NO|
|Thursday, August 13, 2020|
|Alliance Data Systems (ADS)||September 18, 2020||1.9%||NO|
|Visa Inc. (V)||September 01, 2020||0.6%||NO|
|Walmart (WMT)||September 09, 2020||1.67%||NO|
|Astrazeneca PLC (AZN)||September 14, 2020||2.49%||NO|
|Eli Lilly (LLY)||September 10, 2020||1.94%||NO|
|Royal Dutch Shell (RDS)||September 21, 2020||4.1%||YES|
|Honeywell International (HON)||September 04, 2020||2.36%||NO|
|GlaxoSmitKline (GSK)||October 08, 2020||4.9%||YES|
|Raytheon Technologies (RTX)||September 10, 2020||3.17%||NO|
|Diageo (DEO)||October 14, 2020||2.63%||YES|
|BP P.L.C. (BP)||September 25, 2020||5.7%||NO|
|Enbridge (ENB)||September 01, 2020||6.96%||NO|
|Duke Energy (DUK)||September 16, 2020||4.58%||NO|
|Emerson Electric Company (EMR)||September 10, 2020||3%||NO|
|Eaton PLC (ETN)||August 28, 2020||3%||NO|
|MSCI (MSCI)||August 31, 2020||0.85%||NO|
|Kroger (KR)||September 01, 2020||2%||NO|
|Church & Dwight (CHD)||September 01, 2020||1%||NO|
|Corteva (CTVA)||September 15, 2020||2.05%||NO|
|Stanley Black & Decker (SWK)||September 15, 2020||1.81%||NO|
|International Paper Company (IP)||September 15, 2020||5.81%||NO|
|JM Smucker (SJM)||September 01, 2020||3.26%||NO|
|Friday, August 14, 2020|
|Amgen Inc. (AMGN)||September 08, 2020||2.65%||NO|
|Sabra Health Care REIT Inc. (SBRA)||August 31, 2020||7.94%||NO|
|American States Water Company (AWR)||September 01, 2020||1.75%||NO|
|Helmerich & Payne Inc. (HP)||August 31, 2020||5.36%||NO|
|Sabine Royalty Trust (SBR)||August 31, 2020||4%||NO|
What’s interesting this week?
Wow, what a week or what a Thursday. There are so many companies going ex-dividend that you could build a pretty stable dividend portfolio out of it. There are companies from all industries represented, many of which are globally active and have high market shares (such as Visa, Royal Dutch Shell, Eli Lilly, Honeywell, or MSCI).
The only thing you would have to watch out for is that the focus is heavily on US companies. There wouldn’t be much of geographical diversification. Why is a geographic diversification important for globally operating companies? As a US company, changes in legislation can have a severe impact on profits and, thus, on dividends. This concerns, for example, tax increases that cannot be predicted. I would, therefore, always try to invest my money in companies based in different (politically stable) countries.
An idea for anti-cyclical investing
This week I would like to show you Walmart and Diageo, two companies whose share prices have developed relatively differently. It might even be worth considering taking profits from Walmart and shifting them into Diageo (but only if you are a fan of such shenanigans). In the following, I will give you a few key points and overviews of the companies:
Diageo is a global leader in beverage alcohol with a broad collection of 200 brands across spirits and beer. The company is active in 30 countries and produces in its manufacturing sites every year more than 240m equivalent units of its brands. In the last ten years, revenue has increased from GBP 400 billion to GBP 523 billion.
I don’t drink much alcohol, but Diageo has my favorite beer and scotch. Eating a thick burger after work and drinking a cold glass of Guinness? Oh boy… count me in!
Besides that, the 16-year-old Scotch Lagavulin is my absolute favorite for cold winter evenings on my couch – smoky and with an excellent note of sea salt. Outstanding! Apart from this, Diageo owns other very well-known brands:
- Scotch whiskey: Black & White, J&B, Johnnie Walker, Grand Old Parr, Lagavulin, The Singleton, Talisker, and Windsor.
- Vodka: Smirnoff.
- Rum: Captain Morgan
- Liqueur: Baileys.
- Tequila: Casamigos and Don Julio.
- Gin: Gordon’s and Tanqueray.
- Local spirits: McDowell’s, Shui Jing Fang, Yeni Raki, and Ypióca.
- Beer: Guinness.
So if you assume that alcohol is always consumed, then Diageo might be an idea for you. The company was severely affected by the coronavirus. Revenue fell by 9 percent. Earnings also fell by 55 percent to GBP 1.41 billion (approx. EUR 1.57 billion). Currently, from a fundamental point of view, a favorable entry opportunity may even have emerged.
The price setbacks have also brought the dividend yield back to fair valuation. However, the current yield is still below 3 percent. Besides, Diageo has not increased its dividend this year because of Corona. Overall, the Dividend scoreboard looks as follows:
- Dividend Yield: 2.63 percent
- Pre-COVID-19 Payout Ratio Earnings: 53 percent
- Pre-COVID -19 Payout Ratio Cash: 62 percent
- 10 Year Yield on Cost: 5 percent
- Dividend Growth: 0 Years
- (Diageo increased only the interim dividend. The final dividend will remain at 42.47 pence per share).
According to the company, Walmart is the largest retailer in the world. Each week, nearly 265 million customers and members visit around 11,500 stores in 27 countries and eCommerce websites. From a fundamental perspective, Walmart is hugely overvalued. In the graph, you can see that there was a perfect time window to put shares of this excellent company in your portfolio. Back then, many investors were afraid that Walmart would not stand a chance against the e-commerce giant Amazon. But as is so often the case, the people who are said to be dead live longer. Currently, optimism dominates and has driven the share to record highs.
The share price increases at Walmart led to the opposite result. In contrast to Diageo, the dividend yield fell sharply. Interestingly, the 10 Year Yield on Cost is also lower than at Diageo. Although Walmart has increased its dividend every year for 46 years, recent increases have been relatively small, averaging approximately 2 percent over the last five years. Overall, the Dividend scoreboard looks as follows:
- Dividend Yield: 1.67 percent
- Pre-COVID-19 Payout Ratio Earnings: 43 percent
- Pre-COVID -19 Payout Ratio Cash: 40 percent
- 10 Year Yield on Cost: 4.29 percent
- Dividend Growth: 47 Years.
So right now you’re not winning much with Walmart. The stock is highly valued and the dividend yield is relatively low. At Diageo, the valuation is a bit more moderate and the dividend is higher. Both companies are excellently managed and are certainly suitable in the long term as anchor investments for any retirement portfolio. Currently, however, I would prefer to buy shares in Diageo than in Walmart.
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. We also have a small but lovely group on Facebook that you can join. We share there only fundamental analyses of companies from various sources. So there is no spamming or anything like that.
If you don’t want to miss any new articles, you can easily follow me on
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That said, feel free to let us know if I have overlooked an attractive stock or you know of a stock that is particularly attractive and where the ex-dividend date is coming up.
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