Welcome to the third edition of the The Fourth Quarter Dividend. Previous editions can be found here and here.
This month I will choose from the "2"s of my portfolio. (Meaning, each of these stocks are roughly target allocated for 2% of my total portfolio.) The candidate stocks are:
Activision Blizzard (ATVI)
BlackRock (BLK)
Chubb Limited (CB)
Comcast (CMCSA)
Costco Wholesale (COST)
Intel (INTC)
Nike (NKE)
Starbucks (SBUX)
UnitedHealth Group (UNH)
Visa (V)
Waste Management (WM)
ATVI: 0.68% dividend yield, 45% payout ratio, $7.2B revenue, -7% revenue growth, $2.0B operating cash flow, $2.1B free cash flow
BLK: 3.08% dividend yield, 33% payout ratio, $13.4B revenue, 2% revenue growth, $3.8B operating cash flow, $4.3B free cash flow
CB: 2.17% dividend yield, 26% payout ratio, $33.1B revenue, 1% revenue growth, $5.0B operating cash flow, $1.2B free cash flow
CMCSA: 1.97% dividend yield, 14% payout ratio, $88.2B revenue, 5% revenue growth, $24.1B operating cash flow, $8.7B free cash flow
COST: 0.99% dividend yield, 30% payout ratio, $141.6B revenue, 5% revenue growth, $5.8B operating cash flow, $2.6B free cash flow
INTC: 2.58% dividend yield, 36% payout ratio, $69.2B revenue, 19% revenue growth, $29.8B operating cash flow, $7.9B free cash flow
NKE: 1.23% dividend yield, 63% payout ratio, $37.3B revenue, 10% revenue growth, $5.7B operating cash flow, $3.1B free cash flow
SBUX: 2.11% dividend yield, 36% payout ratio, $24.7B revenue, 11% revenue growth, $11.9B operating cash flow, $2.0B free cash flow
UNH: 1.33% dividend yield, 26% payout ratio, $219.9B revenue, 12% revenue growth, $10.7B operating cash flow, $7.9B free cash flow
V: 0.75% dividend yield, 19% payout ratio, $20.6B revenue, 12% revenue growth, $12.7B operating cash flow, $10.5B free cash flow
WM: 2.01% dividend yield, 35% payout ratio, $14.7B revenue, 3% revenue growth, $3.5B operating cash flow, $1.1B free cash flow
While there are plenty of good candidates here, the standouts are Intel, UnitedHealth Group, and Visa. They happen to have the top 3 revenue growth rates in the bunch, and on large base revenues; UNH's 12% growth to nearly $220 billion is particularly impressive.
Here's my current portfolio (buy and hold). As always, I believe in all of these stocks - until I sell them.
Tesla (TSLA) 15.92%
Amazon (AMZN) 14.85%
Apple (AAPL) 12.50%
NVIDIA (NVDA) 9.93%
Alphabet (GOOGL) 6.47%
Intuitive Surgical (ISRG) 4.37%
Microsoft (MSFT) 4.32%
Facebook (FB) 3.68%
Adobe (ADBE) 2.76%
Nike (NKE) 2.34%
UnitedHealth Group (UNH) 2.28%
Salesforce (CRM) 2.28%
Visa (V) 2.24%
Intel (INTC) 2.24%
Starbucks (SBUX) 1.65%
Waste Management (WM) 1.61%
Costco Wholesale (COST) 1.38%
Chubb Limited (CB) 1.33%
Booking Holdings (BKNG) 1.31%
BlackRock (BLK) 1.24%
Autodesk (ADSK) 0.98%
Comcast (CMCSA) 0.65%
American Water Works (AWK) 0.58%
CSX (CSX) 0.51%
Norfolk Southern (NSC) 0.51%
Union Pacific (UNP) 0.47%
Canadian National Railway (CNI) 0.42%
Aqua America (WTR) 0.42%
Activision Blizzard (ATVI) 0.37%
Kansas City Southern (KSU) 0.33%
