If you’ve looked for a job in the last couple of years, the chances are you that came across Glassdoor.com. This website allows company employees to review and rate their companies as well as provide information about the hiring process. Each year Glassdoor publishes a list of the top 50 companies that employees love. A happy and highly motivated workforce is a great intangible asset that won’t show up on the balance sheet. I was curious to see if I owned any of the top 50 in my Portfolio and how many of them are dividend paying champions.
The full report can be found at Glassdoor’s Employees’ Choice Awards 2014.
I’m showing the list in reverse order and have added dividend information from dividend.com.
|Position||Company Name||Symbol||Yield||Dividend Growth Years|
|46||Memorial Sloan Kettering Cancer Center||Non-Profit||–||–|
|34||Proctor and Gamble||PG||3.14||57|
|12||Edelman Financial Group||EF||–||–|
|1||Bain & Company||Private||–||–|
Only 20 companies in the list pay dividends; although that’s not really too surprising since the list includes privately held companies and even a non-profit organization.
6 of the 20 dividend paying companies are Dividend Champions – Texas Instruments, Proctor & Gamble, Costco, Nike, Chevron and Qualcomm. I was quite surprised to see many of these in the list as I thought that smaller companies would likely dominate, and that large companies would lose out due to their higher bureaucratic overhead. Google is the notable exception here being well-known for its employee benefits and workplace culture, and its approach is forcing other tech companies to re-evaluate working conditions and benefits to attract the best talent.
Of the top 50, I own 3 companies in my Portfolio: Chevron, Proctor & Gamble and Intel. I own 31 companies in total, so that’s about 10%.
Disclosure: I am long CVX, PG and INTC
Quote of the Day
Work is accomplished by those employees who have not yet reached their level of incompetence.