Dividend Kings Altman-Z

Dividend Kings Altman-Z Screener

Dividend stocks “safety” can also be measured based on above-average market capitalizations and liquidity, balance-sheet strength (per their Altman Z-score).

The Altman Z Score Formula in short:

Altman Z score of greater than 2.99 means that the entity being measured is safe from bankruptcy (“Safe-Zone”).
A score below 1.81 means that a business is at considerable risk of going into bankruptcy (“Bankruptcy-Zone or Distress-Zone”),
while scores in between should be considered a red flag for possible problems. (“Grey-Zone”).

The table below lists the Dividend Kings based on their Altman Z-score.

Dividend Kings by Altman-Z score

Ticker:

Altman-Z:

Dividend Yield (%):

5 year Dividend Growth (%):

Name	Ticker	Sector	Altman-Z	Altman-Z remark	Valuation	5 year Dividend Growth (%)	Dividend increased years
Lancaster Colony Corporation	LANC	Consumer Defensive	14.72	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	8.27	57
Hormel Foods Corp.	HRL	Consumer Defensive	9.87	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	11.06	53
Tootsie Roll Industries Inc.	TR	Consumer Defensive	7.60	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	0.31	53
Colgate-Palmolive	CL	Consumer Defensive	6.39	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	2.92	56
Sysco Corp.	SYY	Consumer Defensive	5.40	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	24.30	51
Nordson Corporation	NDSN	Industrials	5.11	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	12.03	57
Procter & Gamble	PG	Consumer Defensive	4.54	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	4.93	62
Stepan Company	SCL	Basic Materials	4.54	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	10.03	52
Emerson Electric Company	EMR	Industrials	4.48	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	1.28	62
Johnson & Johnson	JNJ	Healthcare	4.22	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	5.87	57
3M Company	MMM	Industrials	4.07	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	5.92	61
Dover Corp.	DOV	Industrials	3.98	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	2.96	64
PPG Industries	PPG	Basic Materials	3.92	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	7.70	50
Coca-Cola Company (The)	KO	Consumer Defensive	3.78	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	3.71	57
Lowe's Cos.	LOW	Consumer Cyclical	3.57	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	17.32	57
Target Corp.	TGT	Consumer Defensive	3.36	Safe Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	6.38	52
ABM Industries Incorporated	ABM	Industrials	2.84	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	2.86	52
American States Water Company	AWR	Utilities	2.73	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	8.90	65
Parker-Hannifin Corporation	PH	Industrials	2.71	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	9.52	63
Genuine Parts	GPC	Consumer Cyclical	2.67	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	4.37	63
Altria Group, Inc.	MO	Consumer Defensive	2.56	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	8.42	50
Stanley Black & Decker	SWK	Industrials	2.35	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	5.69	52
H.B. Fuller Company	FUL.US	Basic Materials	1.92	Grey Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	3.87	50
Federal Realty Investment Trust	FRT	Real Estate	1.17	Distress Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	2.10	52
California Water Service Group	CWT	Utilities	1.15	Distress Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	5.92	52
Northwest Natural Holding Company	NWN	Utilities	0.98	Distress Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	0.53	64
SJW Group (DE)	SJW	Utilities	0.80	Distress Zone	Looks overvalued Current dividend yield is -100% below its 5-year average	10.92	52
Cincinnati Financial	CINF	Financial Services	0.00	Altman Z-Score does not apply to banks and insurance companies.	Looks overvalued Current dividend yield is -100% below its 5-year average	6.16	59
Farmers & Merchants Bancorp	FMCB	Financial Services	0.00	Altman Z-Score does not apply to banks and insurance companies.	Looks overvalued Current dividend yield is -100% below its 5-year average	3.15	56
Commerce Bancshares Inc.	CBSH	Financial Services	0.00	Altman Z-Score does not apply to banks and insurance companies.	Looks overvalued Current dividend yield is -100% below its 5-year average	4.40	52
Universal Corporation	UVV.US	Consumer Defensive			Looks overvalued Current dividend yield is -100% below its 5-year average	7.90	50
National Fuel Gas Company	NFG.US	Energy			Looks overvalued Current dividend yield is -100% below its 5-year average	2.37	50

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