Cincinnati Financial Corporation (NASDAQ:CINF) is a property casualty insurance company that operates in the United States.
Cincinnati Financial Corporation (NASDAQ:CINF) is currently trading at $47 per share and yields 3.40%. It is trading at 5% less than its 52-week high, and the share price is up by 34% over the past twelve months.
The company announced 1Q 2013 earnings on April 25 and beat analyst estimates by 18%. It has beat expectations every quarter for the last four quarters by an average of 65%.
Cincinnati Financial Corporation (NASDAQ:CINF) has been raising its dividend for 52 years, and its payout ratio is 54%. Its five-year DGR is 2.6%. The stock goes ex-dividend on June 17 and will pay its dividend on July 15.
Air Products & Chemicals, Inc. (NYSE:APD) provides gases and chemicals for many different manufacturing industries, including healthcare, food processing, and the energy industries.
The company is currently trading at $94 per share and yields 3%. It is trading just off its 52-week high. The share price is up 19% from this time last year.
The company has been increasing its dividend for 31 years, and its five-year DGR is 10.8%. The forward dividend is $2.84, 52% of the current forward earnings estimate for 2013.
The stock goes ex-dividend on June 27 and will pay a dividend of $0.71 on August 12.
At this point, I am not prepared to add any additional companies to my dividend portfolio, since I am not yet finished building the base. I’ve chosen ten companies, and I am currently planning to reinvest dividends into those ten for an indefinite time.
If I were ready to add to my current selection, though, I would definitely consider all of the companies on this list. These companies represent what I feel is a fair risk-reward basis in terms of a dividend-paying company. They look to be solid companies, extremely committed to paying and growing dividends at an above-average rate, with good forward earnings potential. They may merit a position in your income portfolio.
Karin Hernandez is long Leggett & Platt. The Motley Fool recommends Kimberly-Clark.
The article 4 Dividend Champions Going Ex-Dividend in June originally appeared on Fool.com and is written by Karin Hernandez.
Karin is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
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