Best US Dividend Stocks For 2012

 

 

For the beginning of the year, I did some research on a lot of stocks and wrote the Best Dividend Stocks for 2012 eBook (you can download it for free here). This eBook includes 29 stocks (20 US and 9 Canadian) that have been showing very solid dividend metrics.

 

When I did my research, I was using the following filters:

Dividend Yield over 3% (because low dividend yield stocks are not of interest in the current market)

Dividend Payout Ratio under 75% (because we want sustainable dividend payouts!)

5 Years Dividend Growth positive (because we want companies that raise their dividend even considering 2008)

 

I used 2 filters: one on the US stock market and another one on the Canadian stock market. Today, I’m presenting the Best US dividend stocks and I’ll do the same thing with the Canadian market on Wednesday.

 

I was surprised to see that 182 stocks fit in my search criteria! And if I become pickier and drop the dividend payout ratio under 60% while increasing the 5 years dividend growth to 5%, I still get 91 stocks!

 

So if you are not convinced that there are opportunities in this market for 2012 with this data, I don’t know what you need to become a believer ;-). In order to be complete, my filters should have included other metrics such as P/E ratio, sales & earning growth over 5 years, etc. However, my goal was to filter through the market and find the strongest dividend stocks according to their dividend metrics. Obviously, more research on any of these companies is required before claiming it is the stock pick of the year. However, if you are looking for somewhere to start your stock hunting for 2012, I think this list is definitely a must.

 

Here are the Best US Dividend Stocks according to the criteria:

Ticker	Name	Industry	Price	Dividend Yield	Payout Ratio	Dividend Growth 5 Years
LMT	Lockheed Martin Corp	Aerospace/Defense	78.52	5.1	36.64	21.06
RTN	Raytheon Co	Aerospace/Defense	46.7	3.68	30.6	12.11
NOC	Northrop Grumman Corp	Aerospace/Defense	56.62	3.53	26.74	11.17
MPR	Met-Pro Corp	Air Pollution Control Eq	8.83	3.22	60.09	7.06
WHR	Whirlpool Corp	Appliances	48.01	4.17	21.17	2.33
MSFT	Microsoft Corp	Applications Software	25.695	3.11	23.33	12.94
ALV	Autoliv Inc	Auto/Trk Prts&Equip-Orig	51.42	3.5	15.8	4.93
PEP	PepsiCo Inc/NC	Beverages-Non-alcoholic	65.98	3.12	47.92	11.79
ARLP	Alliance Resource Partners LP	Coal	74.347	5.14	36.65	13.57
AHGP	Alliance Holdings GP LP	Coal	51.19	4.77	65.24	46.44
RPM	RPM International Inc	Coatings/Paint	23.61	3.64	57.43	5.23
MBCN	Middlefield Banc Corp	Commer Banks-Central US	17.25	6.03	65.04	3.57
LCNB	LCNB Corp	Commer Banks-Central US	13	4.94	46.86	1.3
CHBH	Croghan Bancshares Inc	Commer Banks-Central US	27.8	4.6	53.7	1.47
CSBB	CSB Bancorp Inc/OH	Commer Banks-Central US	16.35	4.4	56.32	2.38
IOFB	Iowa First Bancshares Corp	Commer Banks-Central US	26	4.37	36.67	1.66
FMAO	Farmers & Merchants Bancorp Inc/Archbold OH	Commer Banks-Central US	17.5	4.33	49.33	5.74
CFR	Cullen/Frost Bankers Inc	Commer Banks-Central US	51.28	3.59	51.75	6.75
CBKM	Consumers Bancorp Inc	Commer Banks-Central US	12.9	3.41	37.23	10.59
SBSI	Southside Bancshares Inc	Commer Banks-Central US	21.82	3.3	33.48	19.62
PSBQ	PSB Holdings Inc/WI	Commer Banks-Central US	23.75	3.12	23.41	2.99
GSBC	Great Southern Bancorp Inc	Commer Banks-Central US	23.73	3.03	46.24	4.42
FKYS	First Keystone Corp	Commer Banks-Eastern US	19.75	5.06	56.48	2.71
JFBC	Jeffersonville Bancorp	Commer Banks-Eastern US	10.28	5.06	70.37	1.61
SAL	Salisbury Bancorp Inc	Commer Banks-Eastern US	23.28	4.81	59.1	1.69
PWOD	Penns Woods Bancorp Inc	Commer Banks-Eastern US	39.2	4.69	64.56	1.24
NWFL	Norwood Financial Corp	Commer Banks-Eastern US	25.91	4.62	42.66	7.18
CNAF	Commercial National Financial Corp/PA	Commer Banks-Eastern US	22.74	4.57	45.76	3.71
QNBC	QNB Corp	Commer Banks-Eastern US	22.15	4.56	41.32	3.55
PFNS	Penseco Financial Services Corp	Commer Banks-Eastern US	37	4.54	46.95	2.29
CHMG	Chemung Financial Corp	Commer Banks-Eastern US	22.95	4.36	34.86	0.82
AROW	Arrow Financial Corp	Commer Banks-Eastern US	23.13	4.32	50.23	3.23
DIMC	Dimeco Inc	Commer Banks-Eastern US	34.10001	4.22	44.58	6.72
CCNE	CNB Financial Corp/PA	Commer Banks-Eastern US	15.73	4.2	61.27	2.98
CBU	Community Bank System Inc	Commer Banks-Eastern US	26.81	3.88	49.21	5.09
ALNC	Alliance Financial Corp/NY	Commer Banks-Eastern US	32.05	3.87	46.78	2.28
MTB	M&T Bank Corp	Commer Banks-Eastern US	74.71	3.75	48.21	4.47
WASH	Washington Trust Bancorp Inc	Commer Banks-Eastern US	23.5199	3.74	56.65	3.01
BHB	Bar Harbor Bankshares	Commer Banks-Eastern US	30.29	3.7	39.51	3.89
TMP	Tompkins Financial Corp	Commer Banks-Eastern US	39.21	3.67	42.51	6.1
NBTB	NBT Bancorp Inc	Commer Banks-Eastern US	21.8	3.67	48.04	1.03
CCFN	CCFNB Bancorp Inc	Commer Banks-Eastern US	34.05	3.64	41.72	9.71
SOMH	Somerset Hills Bancorp	Commer Banks-Eastern US	7.81	3.59	44.54	21.88
FLIC	First of Long Island Corp/The	Commer Banks-Eastern US	26.28	3.5	36.57	14.61
CNND	Canandaigua National Corp	Commer Banks-Eastern US	90	3.19	29	10.34
FISI	Financial Institutions Inc	Commer Banks-Eastern US	16.49	3.15	24.68	6.69
CZFS	Citizens Financial Services Inc	Commer Banks-Eastern US	34.5	3.13	27.49	7.24
BMTC	Bryn Mawr Bank Corp	Commer Banks-Eastern US	19.21	3.12	64.49	5.46
CAC	Camden National Corp	Commer Banks-Eastern US	32.6	3.07	30.97	11.26
FWV	First West Virginia Bancorp	Commer Banks-Southern US	14.5	5.21	51.64	1.58
CIZN	Citizens Holding Co	Commer Banks-Southern US	17.39	5.06	57.39	4.98
AMNB	American National Bankshares Inc	Commer Banks-Southern US	19.25	4.78	68.08	1.12
RNST	Renasant Corp	Commer Banks-Southern US	14.7501	4.61	49.59	1.65
CTBI	Community Trust Bancorp Inc	Commer Banks-Southern US	29.13	4.26	55.81	3.22
AUBN	Auburn National Bancorporation Inc	Commer Banks-Southern US	19.3	4.15	53.16	4.56
CHCO	City Holding Co	Commer Banks-Southern US	33.7	4.15	54.47	4.53
EFSI	Eagle Financial Services Inc	Commer Banks-Southern US	17.75	4.06	61.97	3.71
BOMK	Bank of McKenney/Va	Commer Banks-Southern US	6.67	4.05	34.98	4.18
PNBI	Pioneer Bankshares Inc	Commer Banks-Southern US	#N/A N/A	3.97	32.17	2.96
TRMK	Trustmark Corp	Commer Banks-Southern US	23.2	3.97	58.93	1.6
NKSH	National Bankshares Inc	Commer Banks-Southern US	27.21	3.82	40.52	6.5
SYBT	SY Bancorp Inc	Commer Banks-Southern US	20.65	3.49	41.16	4.66
HBHC	Hancock Holding Co	Commer Banks-Southern US	31.04	3.09	68.42	1.41
BOH	Bank of Hawaii Corp	Commer Banks-Western US	43.1	4.18	47.2	3.44
CVBF	CVB Financial Corp	Commer Banks-Western US	9.55	3.56	57.56	1.8
WABC	Westamerica Bancorporation	Commer Banks-Western US	42.65	3.47	44.51	2.21
FMCB	Farmers & Merchants Bancorp/Lodi CA	Commer Banks-Western US	360	3.39	41.93	6.56
NRIM	Northrim BanCorp Inc	Commer Banks-Western US	17.2	3.02	31.41	2.97
STX	Seagate Technology PLC	Computers-Memory Devices	15.62	4.61	31.77	24.57
KMB	Kimberly-Clark Corp	Consumer Products-Misc	72.71	3.85	58.87	7.39
AM	American Greetings Corp	Consumer Products-Misc	16.39	3.66	25.69	7.06
SON	Sonoco Products Co	Containers-Paper/Plastic	32.6703	3.55	56.17	3.9
BMS	Bemis Co Inc	Containers-Paper/Plastic	29.355	3.27	50.66	4.78
SEE	Sealed Air Corp	Containers-Paper/Plastic	16.7	3.11	31.61	11.63
AVP	Avon Products Inc	Cosmetics&Toiletries	16.98	5.43	63.71	5.62
PG	Procter & Gamble Co/The	Cosmetics&Toiletries	65.8699	3.19	47.77	11.19
HHS	Harte-Hanks Inc	Direct Marketing	9.44	3.39	35.71	5.92
GPC	Genuine Parts Co	Distribution/Wholesale	59.06	3.05	54.45	5.92
ETN	Eaton Corp	Diversified Manufact Op	42.98	3.16	39.07	12.94
ITW	Illinois Tool Works Inc	Diversified Manufact Op	46.46	3.1	42.54	14.38
MOLX	Molex Inc	Electric Products-Misc	22.855	3.5	41.13	24.57
EMR	Emerson Electric Co	Electric Products-Misc	47.0154	3.4	42.34	9.06
EXC	Exelon Corp	Electric-Integrated	42.75	4.91	54.31	5.59
PPL	PPL Corp	Electric-Integrated	28.9275	4.84	63.35	4.94
AEP	American Electric Power Co Inc	Electric-Integrated	40.44	4.65	68.04	4.28
TE	TECO Energy Inc	Electric-Integrated	18.71	4.6	73.1	2.26
ETR	Entergy Corp	Electric-Integrated	72.44	4.58	48.31	8.98
WR	Westar Energy Inc	Electric-Integrated	27.96	4.58	68.73	5.06
SCG	SCANA Corp	Electric-Integrated	43.97	4.41	63.56	2.92
PNW	Pinnacle West Capital Corp	Electric-Integrated	47.7	4.4	67.88	0.73
PEG	Public Service Enterprise Group Inc	Electric-Integrated	31.369	4.37	44.51	3.74
DTE	DTE Energy Co	Electric-Integrated	53.929	4.36	58.25	6.79
POR	Portland General Electric Co	Electric-Integrated	24.87	4.26	62.33	9.24
LNT	Alliant Energy Corp	Electric-Integrated	43.16	3.94	60.35	8.13
ED	Consolidated Edison Inc	Electric-Integrated	61.389	3.91	68.15	0.85
D	Dominion Resources Inc/VA	Electric-Integrated	52.58	3.75	36.37	7.38
NST	NSTAR	Electric-Integrated	45.4	3.75	71.87	7.04
NEE	NextEra Energy Inc	Electric-Integrated	59.24	3.71	41.93	7.96
WEC	Wisconsin Energy Corp	Electric-Integrated	34.27	3.5	41.15	17.72
CNL	Cleco Corp	Electric-Integrated	37.18	3.36	23.23	4.52
MGEE	MGE Energy Inc	Electric-Integrated	46.43	3.3	59.55	1.79
EIX	Edison International	Electric-Integrated	40.365	3.22	32.91	3.46
MDU	MDU Resources Group Inc	Electric-Integrated	21.018	3.19	49.14	4.59
NU	Northeast Utilities	Electric-Integrated	34.785	3.16	46.84	8.7
GRMN	Garmin Ltd	Electronic Compo-Misc	39.32	4.07	51.12	26.19
INTC	Intel Corp	Electronic Compo-Semicon	23.565	3.56	30.56	14.36
AYR	Aircastle Ltd	Finance-Leasing Compan	12.39	4.84	48.33	11.38
FLO	Flowers Foods Inc	Food-Baking	18.96	3.16	51.72	22.54
RMCF	Rocky Mountain Chocolate Factory Inc	Food-Confectionery	8.68	4.6	61.89	4.94
HNZ	HJ Heinz Co	Food-Misc/Diversified	53.89	3.56	58.23	6.96
CPB	Campbell Soup Co	Food-Misc/Diversified	33.31	3.48	47.2	9.41
K	Kellogg Co	Food-Misc/Diversified	49.89	3.45	46.83	7.99
GIS	General Mills Inc	Food-Misc/Diversified	39.74	3.07	40.56	11.14
SYY	Sysco Corp	Food-Wholesale/Distrib	28.87	3.74	52.47	8.87
CNP	CenterPoint Energy Inc	Gas-Distribution	19.48	4.06	72.35	5.66
SRE	Sempra Energy	Gas-Distribution	53.77	3.57	55.22	9.86
STR	Questar Corp	Gas-Distribution	19.52	3.33	49.63	5.92
WDR	Waddell & Reed Financial Inc	Invest Mgmnt/Advis Serv	24.77	4.04	42.08	5.92
JNS	Janus Capital Group Inc	Invest Mgmnt/Advis Serv	5.795	3.45	4.63	30.26
EV	Eaton Vance Corp	Invest Mgmnt/Advis Serv	23.01	3.3	39.18	11.69
BLK	BlackRock Inc	Invest Mgmnt/Advis Serv	171.81	3.2	37.62	26.77
AFL	Aflac Inc	Life/Health Insurance	40.92	3.23	22.82	17.47
SPAN	Span-America Medical Systems Inc	Medical Products	14.15	3.11	31.54	15.41
LLY	Eli Lilly & Co	Medical-Drugs	41.37	4.74	42.75	4.14
BMY	Bristol-Myers Squibb Co	Medical-Drugs	35.05	3.88	71.24	3.34
JNJ	Johnson & Johnson	Medical-Drugs	64.633	3.53	43.54	9.11
AP	Ampco-Pittsburgh Corp	Metal Processors&Fabrica	20.04	3.59	47.8	12.47
ANAT	American National Insurance Co	Multi-line Insurance	72.49	4.25	56.85	0.46
MDP	Meredith Corp	Multimedia	32.08	4.77	33.61	12.39
WM	Waste Management Inc	Non-hazardous Waste Disp	31.77	4.47	63.38	9.1
RSG	Republic Services Inc	Non-hazardous Waste Disp	26.74	3.29	58.99	16.22
COP	ConocoPhillips	Oil Comp-Integrated	70.18	3.76	27.95	12.89
CVX	Chevron Corp	Oil Comp-Integrated	104.95	3.09	29.83	8.98
MWV	MeadWestvaco Corp	Paper&Related Products	29.1	3.44	61.83	1.68
WPZ	Williams Partners LP	Pipelines	59.51	5.02	52.21	12.56
SXL	Sunoco Logistics Partners LP	Pipelines	36.96	4.47	41.37	9.81
PRE	PartnerRe Ltd	Reinsurance	62.26	3.85	19.27	7.99
AXS	Axis Capital Holdings Ltd	Reinsurance	31.39	3.06	14.84	8.92
MGRC	McGrath Rentcorp	Rental Auto/Equipment	28.5	3.23	59.4	8.1
BWS	Brown Shoe Co Inc	Retail-Apparel/Shoe	8.67	3.23	32.91	5.59
RSH	RadioShack Corp	Retail-Consumer Electron	9.2	5.46	12.86	14.87
BOBE	Bob Evans Farms Inc/DE	Retail-Restaurants	32.82	3.05	43.67	11.6
NIDB	Northeast Indiana Bancorp Inc	S&L/Thrifts-Central US	12.2	5.84	41.85	1.95
PULB	Pulaski Financial Corp	S&L/Thrifts-Central US	6.71	5.66	62.97	2.86
ASBN	ASB Financial Corp	S&L/Thrifts-Central US	13.02	5.33	46.97	1.76
PBNI	Peoples Bancorp/Auburn IN	S&L/Thrifts-Central US	16.21	4.91	67.7	0
FFDF	FFD Financial Corp	S&L/Thrifts-Central US	14.23	4.78	50.89	6.34
FCAP	First Capital Inc	S&L/Thrifts-Central US	18.55	4.1	53.71	3.21
HARL	Harleysville Savings Financial Corp	S&L/Thrifts-Eastern US	14.35	5.3	52.38	3.18
HCBK	Hudson City Bancorp Inc	S&L/Thrifts-Eastern US	6.06	5.27	55.05	5.39
ESBK	Elmira Savings Bank FSB/The	S&L/Thrifts-Eastern US	16.4	4.88	45.24	4.59
NHTB	New Hampshire Thrift Bancshares Inc	S&L/Thrifts-Eastern US	11.2	4.64	40.3	0.39
GOVB	Gouverneur Bancorp Inc	S&L/Thrifts-Eastern US	7.35	4.63	33.55	2.53
FFIC	Flushing Financial Corp	S&L/Thrifts-Eastern US	12.71	4.08	40.65	3.4
GCBC	Greene County Bancorp Inc	S&L/Thrifts-Eastern US	17.477	4.01	31.13	8.76
PFS	Provident Financial Services Inc	S&L/Thrifts-Eastern US	13.15	3.65	50.26	3.8
LSBK	Lake Shore Bancorp Inc	S&L/Thrifts-Eastern US	9.35	2.99	17.42	56.32
SVBC	Sistersville Bancorp Inc	S&L/Thrifts-Southern US	13	5.08	22.46	3.78
UNTN	United Tennessee Bankshares Inc	S&L/Thrifts-Southern US	11	4.45	23.13	2.18
TSH	Teche Holding Co	S&L/Thrifts-Southern US	34.65	4.16	41.08	4.78
ALMG	Alamogordo Financial Corp	S&L/Thrifts-Western US	15.8	7.59	54.12	4.12
MLGF	Malaga Financial Corp	S&L/Thrifts-Western US	12.11	4	21.12	6.83
MXIM	Maxim Integrated Products Inc	Semicon Compo-Intg Circu	25.54	3.45	50.98	8.88
LLTC	Linear Technology Corp	Semicon Compo-Intg Circu	29.38	3.27	37.4	9.86
AMAT	Applied Materials Inc	Semiconductor Equipment	10.25	3.12	21.91	11.49
FRD	Friedman Industries Inc	Steel-Producers	10.57	4.92	70.03	8.45
STLD	Steel Dynamics Inc	Steel-Producers	12.67	3.16	46.26	13.4
JCS	Communications Systems Inc	Telecommunication Equip	13.458	4.46	50.92	10.76
HRS	Harris Corp	Telecommunication Equip	35.0093	3.2	21.6	22.77
T	AT&T Inc	Telephone-Integrated	29.17	6.04	52.32	5.28
HTCO	HickoryTech Corp	Telephone-Integrated	10.99	5.13	57.38	2.57
SBGI	Sinclair Broadcast Group Inc	Television	10.895	4.41	44.97	2.46
HAS	Hasbro Inc	Toys	32.64	3.68	35.19	20.64
MAT	Mattel Inc	Toys	27.7104	3.32	42.53	7.2
MSEX	Middlesex Water Co	Water	18.505	4	74.42	1.42
CWT	California Water Service Group	Water	18.18	3.38	65.73	1.35
AWR	American States Water Co	Water	34.886	3.21	62.16	3.87
YORW	York Water Co	Water	17.29	3.09	72.86	3.18
WTR	Aqua America Inc	Water	21.76	3.03	65.26	7.26

 

Among this list, I’m covering the following stocks in my eBook:

Avon Products Inc – AVP

AT&T – T

Black Rock Inc – BLK

Chevron Corp – CVX

Conoco Phillips – COP

Flowers Food Inc – FLO

Garmin Ltd – GRMN

General Mills Inc – GIS

Hasbro Inc – HAS

Harris Corp – HRS

Intel Corp – INTC

Johnson & Johnson – JNJ

Lockheed Martin Corp – LMT

Microsoft Corp – MSFT

PepsiCo Inc – PEP

Procter & Gamble  – PG

RadioShack Corp – RSH

Seagate Technology PLC – STX

Sunoco Logistics Partners LP – SXL

Wisconsin Energy Corp – WEC

Waste Management Inc – WM

 

To be honest, I was the first one surprised to see RadioShack on the list! And this is why I’ve decided to look at it a little bit deeper ;-). To be honest, I didn’t review all the stocks I wanted in this eBook and this is why I wanted to share this list with you. I’m curious to see which of these companies you would like me to analyze in the upcoming months.

 

Let me know what you think!

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