UK Dividend Champions August 2015 Update

UK Dividend Champions List logo for August 2015 The August 2015 update to the UK Dividends Champions List is now available at DividendChampions.UK.

Most of the changes this month are in the fundamental data although one company had an increased dividend growth length, and I added three new companies to the Financial Year rankings.

Here’s an overview of the changes this month. Well it would be except that nothing changed.

Category August July
Champions (25+ years) 11 11
Contenders (10-24 years) 64 64
Challengers (5-9 years) 127 127
Near-Challengers (4 years) 69 69
Total 271 271

Sector Summary

Sector Champions Contenders Challengers Near-Challengers Total
Basic Materials 0 3 3 3 9
Consumer Goods 4 5 13 3 25
Consumer Services 1 10 21 14 46
Financials 1 14 28 20 63
Health Care 0 3 7 1 11
Industrials 5 21 35 22 83
Oil & Gas 0 3 1 2 6
Technology 0 1 15 4 20
Telecommunications 0 1 3 0 4
Utilities 0 3 1 0 4
Total 11 64 127 69 271

New Entries & Promotions

None


Companies removed from the list

None


Financial Year Rankings

The Financial Year ranking isn’t as complete as the Calendar Year ranking, but it’s increasing as I research companies.

FY Category August July
Dividend Growth 25+ years 12 12
Dividend Growth 10-24 Years 60 60
Dividend Growth 5-9 Years 40 37
Dividend Growth 1 to 4 Years 35 35
Total 147 144

New FY Entries

Kingfisher plc – New FY Ranking (6)

Kingfisher plc (KGF) is a new entry on the FY list after some research with a 6-year dividend growth history.

Kingfisher operates 1200 stores in 11 countries across Europe and China. In the UK it owns the popular B&Q chain of DIY stores. It reports in three segments based on geographic region: UK & Ireland (42% FY15 Revenue), France (38%) and Other (20%). A change in CEO leadership in 2014 is leading to new plans to consolidate the separate acquisitions of Kingfisher into a single unified company.

Photo-Me International plc – New FY Ranking (6)

Photo-Me International plc (PHTM) is a new entry on the list after further research with a 6-year dividend growth history.

Photo-Me is operates photo booths and other automated kiosks covering digital printing, coin-operated amusement machines, photography and laundry services. The majority of its revenue is in Europe (55% FY14), followed by the UK (24%) and Asia (21%). The company reports in two segments: Operations (80% FY14 Revenue) and Sales & Servicing (20%). The Operations segment operates unattended vending equipment such as photo-booths, print kiosks and laundry machines. The Sales & Servicing segment develops, manufactures and services the operations equipment.

Legal & General Group plc – New FY Ranking (5)

Legal & General plc (LGEN) is a new entry on the list after further research with a 5-year dividend growth history.

Legal & General is a financial services company offering life insurance, general insurance, pensions and investment products. The company reported in five segments in FY14: L&G Assurance Company (10% FY14 Revenue), L&G Retirement (27%), L&G Investment Management (55%), L&G Capital (< 1%) and L&G America (7%). In FY2015, the company is simplifying the reporting structure to only two segments: Insurance and Savings.


Investment Trusts

The list still contains Investment Trusts; until they are removed, you can easily identify them by filtering the Sector column F for Equity Investment Instruments, where you can either include or exclude them when viewing the list.


Other Updates

  • Kingfisher plc (KGF) had its CY growth length updated from (5) to (6) Years based on new dividend information. The adjustments were not large enough for a promotion or demotion however.


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 were calculated as of 2nd August.

Dividend yield is calculated as the last 12 months of most recent dividend declarations divided by the current share price. Special dividends are also not included in yield or DPS calculations, so actual yields may be higher.

All dividend history data that I have is posted on DividendChampions.UK.

Please keep 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 and nothing in this post or the List is a recommendation to buy or sell.

The List includes AIM-listed companies which may be more volatile than larger FTSE-listed companies. The List includes the index (Column C) and the Market Cap (Column O) which can be used to filter out smaller companies.

List Corrections

I spoke too soon! The latest version of the list is dated 05-Aug-15.

O5-Aug-15: Corrected ROR’s excessive dividend yield (thanks to Sergio for reporting that) and an updated FY history for PZC (thanks M!).
02-Aug-15: Initial release.

Summary

Well that’s it for August. There are not many changes this month as this update follows hot on the heels of my late July update.

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

Quote of the day

One of the most tragic things I know about human nature is that all of us tend to put off living. We are all dreaming of some magical rose garden over the horizon instead of enjoying the roses that are blooming outside our windows today.

0 thoughts on “UK Dividend Champions August 2015 Update”

    1. Hi Stalflare,

      Do you mean banking stocks in general or a specific symbol named BANKS?

      The data I’ve collected so far hasn’t shown any dividend paying banks; for example RBS doesn’t pay a dividend, TSB was taken private, BARC maintained their dividend last year which took them off the list.

      Let me know if there are specific symbols you’re interested in and I can prioritize researching them.

      Best wishes,
      -DL

      1. Ciao DL,

        I was studying HSBC (where I started a position some time ago), from their site it seems that they would qualify for the list, but maybe I am mistaken there… Yes the other banks do not qualify, I did not see that, funny how all the banks are out of the file 🙂

        ciaociao

        Stal

  1. Hey man, I recently received an email from dividend Max. The editor said PZ Cussons had paid a rising dividend for 42 years… I can’t find anything to back this up though. Do you know anything about this claim?

    Cheers

      1. Hi M & D²,
        Thanks for pointing that out – I have a special offset for Financial Year data that I can add to PZC and bump the number up. I’ve had to do this with some of the IT funds that state their consecutive growth numbers.

        Cheers,
        -DL

      2. Thanks D², I usually read those reports, but I wonder if there’s a site out there which shows those 42 years’ worth of history?!

        1. Hi M,

          If you find such a site then please let me know! In general most historical sites seem to stop around 1999 – the earliest I’ve been able to find were some archived press releases from 1988 for a couple of companies..

          It may be possible to view or order a company’s financial results filing from the UK’s Company House or equivalent but I’ve not found any free resource.

          While I’m using the company’s stated achievements in my List when I find them, sometimes companies use the “didn’t decrease” method to count growth and they may not take stock splits into account, so I’m all for finding out the actual numbers.

          Hope everything’s going well for you and your family!

          Best wishes,
          -DL

  2. Thanks for the update as always, DL.

    Glad to see Legal and General joining the list. Just topped up my holding in this particular new entry yesterday!

    Keep up the good work. Much appreciated!

    1. Hi D²,
      Congrats on your purchase! I’m having trouble trying to read your article as your wordpress blog is protected?

      I must admit I need to look at the insurance segment again as my current holding Chubb is being acquired by a Swiss company ACE Ltd, so it looks as though I’ll be getting some international stocks soon.

      Best wishes,
      -DL

    1. Hi Sergio,

      Thank you for pointing that out – I’ve corrected the file and released a new version (same link as before). You were correct about the 10:1 split back in May – I wasn’t aware of that and the yield is a more reasonable 2.36% or so now.

      Thanks again for your help!
      Best wishes,
      -DL

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