UK Dividend Champions February 2016 Update

UK Dividend Champions List logo for February 2016 The UK Dividend Champions List February 2016 edition is now available at DividendChampions.UK. There aren’t many changes this month and only one 5-Year Challenger was removed.

Read on for the summary of changes this month.


Here’s an overview of the changes in the Calendar Year List this month – there’s a net loss of one company to the list as 0 were added and 1 was removed.

Category February January
Champions (25+ years) 9 9
Contenders (10-24 years) 69 69
Challengers (5-9 years) 169 -1 170
Near-Challengers (4 years) 38 38
Total 285 286

New Entries & Promotions

There were no new entries and promotions this month; most of the updated dividend payments I processed won’t be taken into account until the second dividend payment later in the year.


Companies removed from the list

Company Symbol Old Rank Notes
Glencore plc GLEN Challenger (5) Dividend suspended

Glencore plc should have stayed out of last month’s list but I included them by mistake on the strength of their 2015 payments even though they’d announced the dividend suspension.


Demotions

There were no demotions this month.


Other Updates

And there were no other significant company position changes in the list.


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 4 -1 0 7 -1
Consumer Goods 3 5 14 1 23
Consumer Services 1 9 29 5 44
Financials 1 18 49 8 76
Health Care 0 4 5 1 10
Industrials 4 22 48 13 87
Oil & Gas 0 1 2 3 6
Technology 0 4 14 4 22
Telecommunications 0 1 3 1 5
Utilities 0 2 1 2 5
Total 9 69 169 -1 38 285

Financial Year Rankings

The Financial Year List is a work in progress and is not as complete as the Calendar Year List. Overall this month, two companies were added, two were deleted and one increased its length without changing rank.

FY Category February January
Dividend Growth 25+ years 12 12
Dividend Growth 10-24 Years 66 66
Dividend Growth 5-9 Years 44 44
Dividend Growth 1 to 4 Years 36 36
Total 158 158

New FY Entries

There were no new FY Entries this month.


Other FY Changes

The table below shows the other changes in the FY list this month.

Company Symbol Notes
The Bankers Investment Trust plc BNKR Increased length to 49 years
JPM Claverhouse Investment Trust plc JCH Increased length to 43 years

Investment Trusts

The list still contains Investment Trusts; 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.



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 31st December.

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. The Excel file limits the length to the last 15 years.

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

Current file version is dated 03-Feb-16.

03-Feb-16: Initial release.

Status update

The good: I added two new columns to the far-right of the list; “Streak” and “Maiden”. Streak lists the calendar year of the last uninterrupted dividend payment schedule began; this date ignores any cuts of freezes. Maiden lists the year in which the first dividend was paid. The values in these columns aren’t 100% accurate since I’ve only gone back to 1993 or so and not all data is available for all companies. I’ll continue to correct this as time goes by; but the values listed should be good enough to determine if a company has suspended its dividend in the timeframe of the list data.

The bad: I didn’t get chance to research new companies this month so I’ll be working on improving that in February.

Summary

That’s it for February. 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

That man is a success who has lived well, laughed often and loved much.

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