I’ve updated the UK Dividends Champions List for March 2015.
One company was promoted to a 13-year Contender from a 5-year Challenger and another company was deleted from the list after being acquired. I also added more fundamental data to each entry.
Here’s an overview of the changes to the UK Dividend Champions this month. A full summary can be found in the “Summary” tab in the List.
New Entries & Promotions
Burberry Group plc – Promoted Dividend Contender (13 years)
The online data I used last month was wrong and after manually reviewing their financial reports, BRBY have a longer growth history. The dividend data for BRBY is now generated from my own database and is correct.
Established in 1856, Burberry Group plc (BRBY) is a £7B luxury brand company famous for their trench coat. It reports in two segments – retail / wholesale (97% of revenue) and licensing (3%).
BRBY have a 13 year dividend growth period after reviewing their history. They have paid dividends over a much longer period and have a 10-year annualized growth of 20%. Last year’s increase was 10% and their current yield is 1.74%.
Companies removed from the list
The following companies were removed from the list this month. Companies are removed if they fail to increase their calendar year dividend or are delisted. The Summary tab in the List contains some more details on the particular reason for the deletion.
- TUI Travel plc (7 years)
- JD Sports Fashion plc has a corrected symbol and is now JD. instead of JD
This version of the list includes more fundamental data as of the list publication date –
- Yield %
- Dividend per share (annual)
- Earnings per share (ttm)
- EPS payout ratio (dps divided by eps * 100)
- Dividend cover (inverse of payout ratio)
There is limited and often contradictory data available online for many UK stocks in the list so I’ve included the data as ‘best-effort’. I generally use Yahoo Finance, Google and Investorease in my research. I am starting to manually track DPS from my database in an attempt to improve yield and payout ratio data.
Please kind in mind that the fundamental data will get increasingly out of date as the month progresses. You should always perform your own research and due diligence on any potential stock purchase.
Well that’s it for March – I’ll be continuing to do further research and improve the list accuracy for next month now that I’m a little more dangerous with databases.
Please let me know if you see any errors in the List, thank you!
Quote of the day
You might well remember that nothing can bring you success but yourself.