UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: dfish Big red star, 1000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8883  
Subject: Re: Updated U.S. Dividend Champions Date: 12/3/2011 10:36 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 5
Bruce,
I think the $40s is a "normal" level, since the lows in early 2009 were around $30 (when only the Champions existed) and the highs were a tad over $50 for Champions, slightly lower for Contenders and Challangers.

Of course, we've seen some volatility for several months, so the averages have been up and down...as you can see on the Summary tab. On some occasions, one company can make a big difference. For example, when CenturyLink got deleted, it menat the Champions average yield was bound to dip, but their average most recent increase went up, as did the average price (since CTL was in the lower $30s).

If you compare the average prices at 11/30 to where they were at the end of 2010, I think you see relatively good value, with teh Champions a couplke of dollars lower, the Contenders slightly higher, and the Challengers a little lower. I would guess that two things are at work here:
1. In general we're about flat for the year (in price, but people have received about 3% in dividends).
2. The averages have been pulled down a bit as companies "graduate." The newer Champions tend to have lower prices and yields, as do the companies graduating from Challenger to Contender and the new (5-year) Challengers. In other words, any "new blood" seemes to come in with lower yields (that have more room to grow). That suggests excellent dividend growth prospects.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

Motley Fool Income Investor
Are you a dividend-savvy investor? Check out our Income Investor newsletter.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Russia Collapsing Again?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement