UK Dividend Champions List April 2015

UK-List-AprilI’ve updated the UK Dividends Champions List for April 2015.

There are 4 new Champions (25-Year), 8 new Contenders (10-Year), 2 new Challengers (5-Year) and 3 new Near-Challengers (4-Year). Four companies were removed from the list, including a 10-Year Contender. The List also now includes a separate Financial Year history sheet that’s still a work in progress.

Here’s an overview of the changes to the April edition of the UK Dividend Champions List. A full summary can be found in the “Summary” tab in the List. Most of the “new” entries in the list are from reviewing and correcting dividend history data.

New Entries & Promotions

Here are the changes in companies with 10 or more years of continued Dividend Growth.

Spirax-Sarco Engineering plc – New Champion (26)

Established in 1888, Spirax-Sarco Engineering (SPX) is an industrial company manufacturing steam and fluid management systems. It’s a member of the FTSE-250 index.

The Merchants Trust plc – New Champion (25)

The Merchants Trust (MRCH) is a FTSE-All Share investment company that invests primarily in high-yield FTSE-100 companies.

Diageo plc – Promoted Champion (26)

Diageo (DGE) is an alcoholic beverage company and the world’s largest producer of spirits. It was formed in 1997 and is the 9th largest company in the FTSE-100 index. I looked at Diageo recently when I reviewed some consumer defensive stocks.

Unilever plc – Promoted Champion (26)

A British-Dutch company, Unilever (ULVR) was formed in 1929 and is a FTSE-100 company, being the world’s 3rd largest consumer goods company after Procter & Gamble and Nestlé.

Derwent London – New Contender (22)

Founded in 1913, Derwent London (DLN) is a property investment and development company listed in the FTSE-250 index.

Halma plc – New Contender (21)

Halma (HLMA) produces safety products for hazard detection and life protection. It’s a FTSE-250 company with origins in 1894.

Invesco Income Growth Trust plc – New Contender (15)

Invesco Income Growth Trust (IVI) is a closed-end fund.

The Bankers Investments Trust plc – New Contender (15)

The Bankers Investment Trust (BNKR) is an investment trust dedicated to major international and FTSE-100 companies. It was listed on the LSE in 1957 and is a FTSE-250 member.

A.G. BARR plc – New Contender (15)

A.G. BARR (BAG) is a soft drink manufacturer known for its Irn Bru brand. It’s a FTSE-250 company and was founded way back in 1875.

Admiral Group plc – New Contender (10)

Admiral Group (ADM) is a car insurance company and a member of the FTSE-100. It was founded in 1991.

Capita plc – Promoted Contender (13)

Capita (CPI) is a business services company providing outsourcing and professional services to industry. It’s a FTSE-100 company and was formed in 1984.

Centrica plc – Promoted Contender (14)

Centrica (CNA) is a FTSE-100 electricity and gas utility serving customers in the UK and North America, trading under the names Scottish Gas in Scotland and British Gas in the rest of the UK. It was formed in 1997 when the original British Gas company was de-merged into Centrica, BG Group and National GRid.

Note: Centrica reduced their final FY14 dividend, however since this is a CY15 dividend, the new lowered payment won’t show in the list until August when they have declared their total CY15 payments. They will most likely be deleted from the List at that time.


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.

  • InterContinental Hotels Group PLC (IHG) (4) – Stock split in 2014 eliminates growth.
  • Prezzo (PRZ) (4) – Acquired by Papa Bidco.
  • Stagecoach Group PLC (SGC) (7) – Stock split in 2011 reduces dividend growth to 2 years.
  • Wood Group plc (WG.) (10) – Stock split in 2011 reduces growth to 3 years.

Corrections

  • 04-Apr-15: Corrected current yields for SMJ, DWHT, HCFT, TRG, LTC, SKY, ADM, TET & ADN.
  • Corrected Spectris (SXS) DPS and Yield
  • Solid State company symbol changed from SSE to SOLI
  • British American Tobacco (BATS) length reduced from (17) to (16)

Fundamental Data

Entries in the list that have a “Founded” column have been manually researched and checked. The Dividend per Share and yield for these entries should be accurate as of 1st April.

Dividend yield is calculated as the last 12 months of most recent dividend declarations divided by the current share price.

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.

With thanks to…

  • Danke schoen to Dividendenwachstum for pointing out the SXS yield mistake in last month’s list.
  • Cheers to Dividend Drive for pointing out that AG BARR (BAG) needed some TLC.
  • Cheers to M @ TheresValue for finding SKY’s incorrect yield. It’s fixed in the 2015-04-04 update.

Summary

Well that’s it for April – I’ll be continuing to do further research to improve the list accuracy for next month’s update.

Please let me know if you see any errors in the List, thank you!

Quote of the day

Procrastination is the bad habit of putting of until the day after tomorrow what should have been done the day before yesterday.

17 thoughts on “UK Dividend Champions List April 2015”

  1. Glad to help!

    Thanks again for the updated document. Absolutely invaluable.

    You may want to look at Berendsen as well. They have grown or retained their dividend since at least 2002. However, in 2005 they split the stock 5:6 which means it saw a small drop then. However, since then they have seen their dividends consistently grow.

    May be a worthy addition!

    (Just a quick note, it is Derwent London–as in, the River Derwent–rather than Durwent.)

    1. Hi DD,

      Thanks I’ll add them to the manual list for next month’s update – I have BRSN in the list as a 4-year Near-Contender currently as Yahoo reported 2010 was the same level as 2009 but I’ll check that.

      Thanks for the correction on Derwent, I’ve updated the article. It’s my inner durr-brain coming through!

      Best wishes,
      -DL

  2. Thank you very much for your continued work on the UK Dividend Champions List. I will shortly be buying Diageo and Bankers, so good to see that my choices feature in good light on your list, Promoted Champion and New Contender respectively!

    1. Hi Weenie,

      You’re welcome! I’m considering to buy Diageo too this month so we’ll see how that works out.
      Keep on saving over there – it looks like you’re doing an awesome job from your March results!

      Best wishes,
      -DL

    1. just been looking through your list, wondering why Sky is coming up so high on the yield… I can’t find any site that shows the yield over 5%, most sites are showing Sky’s yield at around 3.3%, which is what I’ve based my own calculations on.

      1. Hi M,

        Uh oh that’s a mistake 🙁 The 5.2% value is from bad Yahoo data last month. I’ll get an updated version up shortly since this mistake applies to some of the entries with a “Founded” entry that didn’t use a formula. The price / DPS is correct.

        Sorry about that!
        -DL

        1. OK, so I’ve updated the file and it’s now dated 2015-04-04 – the current yields for 9 symbols were wrong, all other historical data is okay; it was just the dps / price calculation for those 9 entries which wasn’t re-calculated.

          Yields for SMJ, DWHT, HCFT, TRG, LTC, SKY, ADM, TET and ADN were corrected based on the prices / dividends per share currently in the list.

          I’ll improve my calculation process to prevent this happening again going forward.

          -DL

  3. Unfortunately we’ll soon be losing a Champion as DNO has agreed to be acquired by Brother Industries. DNO has increased its dividend almost every year since incorporation, so it will be a loss.

  4. 100% using your UK stocks when I do my dividend screen for the month! Have you reached out to David Fish from the CCC list? Maybe you can get a link on there or he can just take over the heavy lifting?

    1. Hi MyJourneyToMillions,

      I’m glad you find it useful – let me know if there are things you’d like to see in the list.

      I’ve not thought of contacting David Fish to be honest, but that’s a good idea now that you mention it. The list is linked over at DripInvesting.org which is the site hosting David’s CCC List.

      Best wishes,
      -DL

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