Bloomberg News

S&P 500 Dividend Health, Forecast Changes for Feb. 22

By Mike Sebany
February 28, 2012

The following table details daily changes in dividend forecasts and dividend health scores for companies in the Standard & Poor’s 500 Index, according to data compiled by Bloomberg. For more information on the methodology, see the note at the bottom of the table.

================================================================================
                            Feb. 28  Feb. 27  Feb. 24  Feb. 23   -Daily Change-
                               2012     2012     2012     2012 Percent    Level
================================================================================
                               ------Changes in Bloomberg Dividend Forecasts----
Higher estimates                  3        2        7       10
Lower estimates                   0        0        1        1
--------------------------------------------------------------------------------
Harris Corp                   $0.33    $0.28    $0.28    $0.28    17.9%    $0.05
Applied Materials Inc         $0.09    $0.08    $0.08    $0.08    12.5%    $0.01
Noble Corp.                   $0.15    $0.14    $0.14    $0.14     7.1%    $0.01
                              --------Changes in Bloomberg Dividend Health------
Higher estimates                 13       17       13       14
================================================================================
                            Feb. 28  Feb. 27  Feb. 24  Feb. 23   -Daily Change-
                               2012     2012     2012     2012 Percent    Level
================================================================================
Lower estimates                   7       13       15        8
--------------------------------------------------------------------------------
Vornado Realty Trust            -24        9        9        9      n/a      -33
Xcel Energy Inc                  14        8        8        8    75.0%        6
Lowe’s Cos                        5        3        4        4    66.7%        2
Southern Co                      18       13       13       13    38.5%        5
General Electric Co              34       26       26       26    30.8%        8
Invesco Ltd                      51       39       39       39    30.8%       12
Kraft Foods Inc                  34       27       27       27    25.9%        7
State Street Corp                24       20       20       20    20.0%        4
Molson Coors Brewing             13       11       11       11    18.2%        2
Moody’s Corp                     40       37       37       37     8.1%        3
Prudential Financial             29       27       27       27     7.4%        2
DTE Energy                       16       15       15       15     6.7%        1
Chubb Corp                       25       24       24       24     4.2%        1
United Parcel Service            44       43       43       43     2.3%        1
Suntrust Banks Inc               40       42       42       42    -4.8%       -2
================================================================================
                            Feb. 28  Feb. 27  Feb. 24  Feb. 23   -Daily Change-
                               2012     2012     2012     2012 Percent    Level
================================================================================
Exxon Mobil Corp                 72       85       85       85   -15.3%      -13
KeyCorp                          36       45       45       45   -20.0%       -9
Zimmer Holdings Inc              32       58       58       58   -44.8%      -26
Leucadia National Corp           21       39       39       39   -46.2%      -18
MeadWestvaco                     17       32       32       32   -46.9%      -15
================================================================================
NOTE: Bloomberg analysts use seven factors in determining each
dividend forecast:
1) Company guidance; 2) Dividend Health Score; 3) Industry analysis;
4) Historical trend analysis; 5) Market analyst consensus estimates;
6) Options market implied dividends; 7) Historical regression
analysis of fundamentals compared to dividends.

The dividend Health Score is on a scale of -100 to 100. A score
between -100 and -50 indicates a potential inability to maintain
the current dividend level, whereas 50 to 100 indicates a potential
ability to raise its current dividend rate. A score between -50 to
50 indicates that fundamental data is inconclusive on the direction
 of the dividend.





SOURCE: Bloomberg

To contact the reporter on this story: Mike Sebany in Washington at msebany@bloomberg.net

To contact the editor responsible for this story: Alex Tanzi at atanzi@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus