Monthly Summary for June

Dividend System™ JUNE SUMMARY

For the month of June, 2022, there are 446 dividend paying stocks in our ‘Dividend Investing Universe’ (those stocks returning a minimum of 7 years of annually increasing dividends). Of those, only 114 are designated ‘Premier,’ the top ranking performers in each sector.

SECTOR LEADERBOARD

The top stocks in each sector are: 

» Basic Materials: UFP Industries Inc (UFPI) ~ Forest Products | 19.8% TR5y [+]

» Communication Services: Comcast Corp (CMCSA) ~ Telecommunication Services | 2.7% TR5y [-]

» Consumer Cyclical: Lowe’s Companies Inc (LOW) ~ Retail – Cyclical | 19.5% TR5y 

» Consumer Defensive: The Kroger Co (KR) ~ Retail – Defensive | 17.1% TR5y [+]

» Energy: Texas Pacific Land Corp (TPL) ~ Oil & Gas | 40.4% TR5y 

» Financial Services: MarketAxess Holdings Inc (MKTX) ~ Capital Markets | 6% TR5y [-]

» Healthcare: UnitedHealth Group Inc (UNH) ~ Healthcare Plans | 23.8% TR5y 

» Industrials: Pool Corp (POOL) ~ Industrial Distribution | 25.3% TR5y 

» Real Estate: Equity Lifestyle Properties Inc (ELS) ~ REITs | 12.7% TR5y [-]

» Technology: Broadcom Inc (AVGO) ~ Semiconductors | 18.1% TR5y 

» Utilities: American Water Works Co Inc (AWK) ~ Utilities – Regulated | 16% TR5y [-]

GROWTH LEADERS

Here are the top Growth Stocks, meeting our criteria, based on their data from the month of June, for each sector.

» Basic Materials: UFP Industries Inc (UFPI) ~ Forest Products | 19.8% TR5y [+]

» Consumer Cyclical: D.R. Horton Inc (DHI) ~ Homebuilding & Construction | 16.3% TR5y [+]

» Consumer Defensive: Costco Wholesale Corp (COST) ~ Retail – Defensive | 26.1% TR5y 

» Energy: Texas Pacific Land Corp (TPL) ~ Oil & Gas | 40.4% TR5y 

» Financial Services: MarketAxess Holdings Inc (MKTX) ~ Capital Markets | 6% TR5y [-]

» Healthcare: UnitedHealth Group Inc (UNH) ~ Healthcare Plans | 23.8% TR5y 

» Industrials: Pool Corp (POOL) ~ Industrial Distribution | 25.3% TR5y 

» Technology: Amphenol Corp (APH) ~ Hardware | 12.5% TR5y [-]

HIGH INCOME

Here are the top income producing stocks for each sector that meet our income criteria, also for June’s data, for each sector.

» Basic Materials: Avient Corp (AVNT) ~ Chemicals | 2.2% TR5y 

» Communication Services: Comcast Corp (CMCSA) ~ Telecommunication Services | 2.7% TR5y [-]

» Consumer Cyclical: The Home Depot Inc (HD) ~ Retail – Cyclical | 14.9% TR5y [-]

» Consumer Defensive: Target Corp (TGT) ~ Retail – Defensive | 24.5% TR5y 

» Financial Services: Allstate Corp (ALL) ~ Insurance | 10% TR5y 

» Healthcare: Amgen Inc (AMGN) ~ Drug Manufacturers | 9.9% TR5y 

» Industrials: Fastenal Co (FAST) ~ Industrial Distribution | 20.3% TR5y 

» Real Estate: Extra Space Storage Inc (EXR) ~ REITs | 20% TR5y 

» Technology: Broadcom Inc (AVGO) ~ Semiconductors | 18.1% TR5y 

» Utilities: WEC Energy Group Inc (WEC) ~ Utilities – Regulated | 13.4% TR5y 

WELL ROUNDED WONDERFULNESS

These are the top 10 stocks as ranked through a combo of quality, growth, safety, and stability, but not by sector.

1: Broadcom Inc (AVGO) ~ Semiconductors | 18.1% TR5y [-]

2: T. Rowe Price Group Inc (TROW) ~ Asset Management | 12.8% TR5y [+]

3: The Home Depot Inc (HD) ~ Retail – Cyclical | 14.9% TR5y [-]

4: Fastenal Co (FAST) ~ Industrial Distribution | 20.3% TR5y [+]

5: Dick’s Sporting Goods Inc (DKS) ~ Retail – Cyclical | 17.3% TR5y [+]

6: Allstate Corp (ALL) ~ Insurance | 10% TR5y [-]

7: Texas Instruments Inc (TXN) ~ Semiconductors | 16.6% TR5y [-]

8: Snap-on Inc (SNA) ~ Industrial Products | 6.8% TR5y [-]

9: Williams-Sonoma Inc (WSM) ~ Retail – Cyclical | 20.5% TR5y [+]

10: Watsco Inc (WSO) ~ Industrial Distribution | 12.2% TR5y [-]

MONTHLY AVERAGES

Looking at the monthly averages for each sector can give us an idea of the relative productivity of each sector for various investing goals. Always compare a dividend stock you are considering to the sector averages to understand how it typically has performed in the past. Use the overall averages (at the bottom of the next image) to compare how any stock compares to our ‘Dividend Investing Universe.’

COMING UP: Stocks on Sale

Next post we will have the list of 161 stocks that are on sale, at PEs less than their 10 year median.

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TR5y is the average annual total return for a stock over preceding 5 years. ‘[+]’ indicates upward trend of Total Return in the 10y, 5y, and 3y periods. ‘[-]’ indicates the Total Return trend is declining. 

Note: Some sectors don’t have many qualified stocks, such as ‘Communication Services’ and ‘Energy’, so use caution with the averages. Further research is always prudent.