UK Dividend Champions October 2015 Update

UK Dividend Champions List logo for October 2015 The UK Dividend Champions October 2015 list is now available at DividendChampions.UK.

One Dividend Champion, three Dividend Contenders and three Dividend Challengers were dismissed this month. Eight companies were promoted and two newcomers joined the list.


Here’s an overview of the changes in the Calendar Year List this month – there’s a net loss of five companies as seven were removed and two were added.

Category October September
Champions (25+ years) 10 -1 11
Contenders (10-24 years) 62 -2 64
Challengers (5-9 years) 130 +3 127
Near-Challengers (4 years) 64 -5 69
Total 266 271

Sector Summary

This section shows the companies organized into their stock sectors and the changes in each category from last month.

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 23 +2 12 -2 46
Financials 1 13 -1 29 +1 17 -3 60
Health Care 0 3 7 2 +1 12
Industrials 4 -1 22 +1 35 20 -2 81
Oil & Gas 0 2 -1 1 3 +1 6
Technology 0 1 15 4 20
Telecommunications 0 1 3 0 4
Utilities 0 2 -1 1 0 3
Total 10 62 130 64 266

New Entries & Promotions

The following companies are either added to the list or else gained a rank.

Company Symbol Notes
Ashtead Group AHT Promoted to Contender (10)
Bank of Georgia Holdings BGEO Promoted to Challenger (5)
Berendsen BRSN Promoted to Challenger (5)
Hammerson HMSO Promoted to Challenger (5)
London & St Lawrence Investment Company LSLI Promoted to Challenger (5)
National Express Group NEX Promoted to Challenger (5)
Reed Elsevier REL Promoted to Challenger (5)
Smiths Group SMIN Promoted to Challenger (5)
Wood Group (John) WG. New Near-Challenger (4)
Hikma Pharmaceuticals HIK New Near-Challenger (4)

Companies removed from the list

Company Symbol Old Rank Notes
Admiral Group ADM Contender (10) Dividend Freeze
AMEC Foster Wheeler AMFW Contender (18) Dividend Freeze on a CY basis. They remain in the FY list as a Dividend Contender (19) because FY2015 is not yet complete.
Centrica CNA Contender (16) Dividend Cut
IG Group Holdings IGG Challenger (9) Dividend Freeze
Kier Group KIE Challenger (5) Dividend Freeze. Still looking into Kier as I’ve not fully analyzed the effects of their rights issue this year.
Standard Life SL. Challenger (8) Standard Life had a reverse stock split earlier this year. The dividend was reduced when that’s taken into account.
Weir Group WEIR Champion (25) Dividend Cut on a CY basis. They remain in the FY list as a Dividend Champion (26) since their FY2015 is not complete.

Financial Year Rankings

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

FY Category October September
Dividend Growth 25+ years 12 12
Dividend Growth 10-24 Years 62 62
Dividend Growth 5-9 Years 41+1 40
Dividend Growth 1 to 4 Years 34-1 35
Total 149 149

New FY Entries

No new companies were added to the FY list this month.


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

  • None at present.


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 3rd October.

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 as a general rule (there are one or two exceptions), 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

None at present. Current file version is dated 04-Oct-15.

04-Oct-15: Initial release.

Status update

I didn’t post about last month’s update; the changes were fairly minor and the List contains the details of what changed. This month it’s a different story as I’ve improved some of the backend processing to include more 2015 dividend increases. Since the list is based on Calendar Year then some dividend updates won’t be complete until December, but a number of companies have declared their last dividend this year and are now shown.

I’m working on a couple of things relating to the List and DividendChampions.UK:

  • Reduce the dividends per year to a rolling 10+1 range in the Excel file. To keep the size of the file manageable, I think it’s sufficient to show the dividends for the current year and the previous ten. Full data will still be available on the website.
  • Make some kind of “Dividend Watch” list to flag companies which lower / freeze their first dividend of the year from the previous year.

Summary

Well that’s it for October. The List is usually available on DividendChampions.UK on the first Monday of the month even if I don’t blog about it.

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 October 2015 Update”

  1. Ciao DL, great work as usual! It would be nice to add, next to the “removed companies” the position that they had previously (Champ, Contender etc etc), makes it easier to track them down… 🙂
    ciao ciao

    Stal

    1. Hi RN,

      Yes it’s correct. See the data from https://admiralgroup.co.uk/investor-relations/dividend-history

      It’s probably not a “new” thing since the dividend was cut last year on a financial basis…

      On a calendar year basis, the dividends paid were 100.0 pence for both 2014 and 2015.

      On a financial year basis, the dividend was actually cut in 2014 (FY2013 = 99.5, FY2014 = 98.4). You can find this mentioned in the 2014 Annual Report

      Regards,
      -DL

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