Standard & Poor's evaluated companies in the S&P 1500 as of June 15, 2009 that had the following characteristics.
- paid increasing annual cash dividends for the past ten years
- 2009 estimated coverage and 2010 ratio of at least 2-to-1 (based on street estimates divided by the current 12 month indicated dividend rate)
As S&P notes, and I strongly concur, this is not a buy list, but a starting point for investors who are interested in dividend growth stocks. Undoubtedly, the current economic environment has negatively impacted a number of companies and their dividend practices.
Standard & Poor's (.xls)