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MyPlanIQ Advanced Investors Advanced Strategies 6 Dividend Stocks for Earnings Season

6 Dividend Stocks for Earnings Season

live (public) 0.02% April 26

  • Albemarle (ALB)manufactures a wide range of niche chemical products, from drilling fluid and petroleum catalysts to pharmaceuticals like ibuprofen. Despite a hike of dividend payouts by 6% last week ALB only yields 1.5% at current levels.
  • Ameren(AEE) is a power and natural gas utility and one of the highest-yielding utility stocks. They have s a 5.2% dividend yield at current prices.
  • Visa's(V) is a household name who recently announced a 47% dividend hike. While this is still under a 1% yield, the company is included as it has performed well recently
  • Enterprise Products Partners(EPD) transports and processes natural gas products through its network of pipelines centered on the Gulf Coast. The company has slightly increased its dividend to a 5.6% yield at current levels -- that's a head-turning payout.
  • Cintas(CTAS), the leader in uniform rental (along with other services) announced a 10.2% dividend increase bringing a 1.87% yield.  
  • Kinder Morgan(KMI) announced a $38 billion acquisition of El Paso(EP), a deal that makes the former the largest midstream energy company in the country. A recent 3% dividend hike brings the firm's total payout to 4.21%

This selection has a heavy bias on energy but is worth tracking to see whether dividends are a sign of a good company or whether the impact of current events is to drive companies to boost dividend yields to prop up stock prices and once the crisis is over, dividends will drop. We won't get an answer to this now, but by tracking this, we will gain some insight as time rolls on.

We will benchmark this selection agains a balanced portfolio of dividend bearing ETFs.

Holdings (As of 04/26/2024)
Asset Fund in this portfolio Price change* Percentage
Asset1 ALB (Albemarle Corp) 1.65% 6.06%
Asset1 V (Visa Inc. Class A) 0.23% 10.03%
Asset1 AEE (Ameren Corp) 1.47% 9.92%
Asset1 EPD (Enterprise Products Partners LP) 0.45% 3.21%
Asset1 CTAS (Cintas Corporation) 0.15% 68.06%
Asset1 KMI (Kinder Morgan Inc) 0.64% 2.72%

* Day change on 04/26/2024.

Monthly Holding Date: Total Transaction Times So Far:
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Holdings

Transactions

Performance (As of 04/26/2024)

Since 02/14/2011

Name YTD*
Return
1Yr
AR**
3Yr
AR**
5Yr
AR**
10Yr
AR**
15Yr
AR**
6 Dividend Stocks for Earnings Season 7.4% 27.4% 15.0% 17.9% 13.8%
VFINX (Vanguard (S&P 500) Index) 7.3% 27.5% 8.3% 13.5% 12.6% 14.6%
VBINX (Vanguard Balance (60% stocks/40% bonds) 2.7% 15.1% 2.4% 7.6% 7.7% 9.7%

*   YTD: Year to Date
**  AR: Annualized Return
Last 1 Week* YTD*(2024) 1 Yr 3 Yr 5 Yr 10 Yr Since
02/14/2011
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Annualized Return(%) 0.9 7.4 27.4 15.0 17.9 13.8 15.3 16.0 1.7 25.5 24.0 39.6 -0.0 27.1 28.9 -27.8 11.9 30.8 20.2 14.6
Sharpe Ratio NA 0.39 1.54 0.64 0.63 0.56 0.67 0.72 0.01 1.42 0.55 2.62 -0.08 2.48 1.86 -0.88 0.72 2.48 1.53 0.6
Draw Down(%) NA 4.0 9.9 18.0 42.8 42.8 42.8 9.9 15.7 8.9 42.8 4.9 20.7 3.9 10.1 31.8 14.2 6.6 8.9 16.9
Standard Deviation(%) NA 16.0 15.4 19.8 25.8 23.0 21.7 16.3 25.3 17.9 43.4 14.6 17.7 10.7 15.5 31.6 16.5 12.4 13.1 24.4
Treynor Ratio NA 0.07 0.26 0.13 0.16 0.17 0.24 0.12 0.0 0.23 0.21 0.45 -0.11 -1.14 15.75 12.66 1.71 -7.63 2.05 -2.12
Alpha NA 0.02 0.02 0.03 0.02 0.03 0.04 -0.02 0.09 -0.01 0.03 0.05 0.0 0.11 0.1 -0.11 0.05 0.11 0.07 0.07
Beta NA 0.84 0.9 0.94 1.03 0.77 0.6 0.95 0.92 1.12 1.12 0.86 0.13 -0.23 0.02 -0.02 0.07 -0.04 0.1 -0.07
RSquared NA 0.36 0.47 0.68 0.73 0.37 0.24 0.59 0.78 0.67 0.8 0.54 0.01 0.02 0.0 0.0 0.0 0.0 0.01 0.0
Sortino Ratio NA 0.72 2.5 0.93 0.87 0.72 0.88 1.05 0.02 2.11 0.72 3.95 -0.1 4.29 2.75 -0.94 0.89 3.8 2.26 0.84
Yield(%) N/A 0.74 2.06 1.8 1.58 1.8 2.05 1.68 1.55 1.66 0.81 1.2 1.07 0.41 3.87 2.13 2.8 2.95 3.13 2.66
Dividend Growth(%) N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

*: NOT annualized;YTD: Year to Date
**Inception: starting from 02/14/2011

Commission Fee ($ per transaction)      Long Term Tax Rate (%)
Short Term Tax Rate (%)      Monthly Withdraw ($)
Monthly Deposit ($)      Tax on Withdraw (%)
Initial Amount ($)      Estimation Method
The start date of the charts is 02/14/2011 when all charts have data
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