We are always on the prowl for an undervalued, dividend growth stock in the community banking sector. The two of us love banks and enjoy diving into their financial statements to uncover these gems. In today’s dividend stock analysis, we will review a $1b bank headquartered in Monroeville, PA: Standard AVB Financial Corp, STND.
Norwood Financial Corp. (NWFL)
- A $1.23 billion total asset-sized community bank, earning 1.18% on average assets.
- Increased their dividend 28 consecutive years and is on target to make 2020 their 29th.
- Closing on a $400+ million total asset-sized community bank acquisition in the 3rd quarter of 2020.
This morning, with a cup of coffee in hand, I was excited to perform research to identify a potentially undervalued dividend growth stock to consider investing in during the coming months. As a result of this desire to perform a stock analysis, I will take a deeper dive into International Paper Company (IP).
I believe it is rally time for the dividend portfolio! The weather is warming up and the appetite is getting anxious to scoop up dividend stocks for the cupboard, that is my portfolio. The goals are high and the dividend income forward projection is begging to be pushed, just a little bit further. I say bring on April and let’s see what’s currently on the radar!
DowDuPont’s revenue reached $86 billion in 2018, crushing 2017 totals by $79.5 billion (pro forma figures).
Earnings per share for DowDuPont up 40%, from $1.18 per share (pro forma) to $1.66, from 2017 to 2018.
In the last quarter of 2018, cash flow from operations showed almost a 25% growth from the last quarter of 2017, a preview of expectations for 2019.
As Christmas is approaching, the sounds of the music rings in that the year is almost over. I am still sitting on a sizable cash position that I am looking to deploy into an undervalued dividend stock – the one with the right metrics, that shows undervaluation, is performing better than the past, etc. Furthermore, there are investors who have capital built up, including myself, and I never like to let cash sit idle. Given this, I am constantly trying to find the right company, to invest my money, to gain value and build a dividend income stream. In my attempt to find a consumer-based company, one that will generate significant volume and revenue when economic times are good and bad, I turned to an iconic branded company. This iconic branded company has been around for 130+ years and is also coined as one of the, “Dividend Aristocrats”, having increased their dividend for 25+ years. In fact, this iconic company has delivered a streak of 55+ years of increasing their dividend. Yes, I am talking about The Coca-Cola Company (KO).