Earnings season can cause a lot of movement in the markets, as stocks can swing in either direction in response to the reports. If a stock beats expectations, it will usually see a large price jump. If it falls short, its price could plummet.
With that in mind, we created a list of stocks that meet the following criteria:
- Earnings to be announced between May 21 and May 25
- Dividend yield between 1% and 7%
- Payout ratio positive, but less than 50% (a responsible dividend payout)
Business section: investing ideas
We chose to search for dividend stocks because the price swings could provide great opportunities to lock in a better dividend yield. Do you think these companies will offer up such opportunities?
The list below is sorted by dividend yield. (Click here to access free, interactive tools to analyze these ideas.)
1. Analog Devices (NYSE: ADI) designs, manufactures, and markets analog, mixed-signal, and digital-signal processing integrated circuits used in industrial, communication, computer, and consumer applications. Its market cap is $10.99 billion, with a most recent closing price of $36.96. Its dividend yield is 3.25%, with a payout ratio of 36.92%. Earnings are to be announced on May 22.
2. Eaton Vance creates, markets, and manages investment funds in the U.S. Its market cap is $2.77 billion, with a most recent closing price of $24.85. Its dividend yield is 3.08%, with a payout ratio of 39.32%. Earnings are to be announced on May 23.
3. Guess' Inc. (NYSE: GES) designs, markets, distributes, and licenses apparel and accessories for men, women, and children. Its market cap is $2.34 billion, with a most recent closing price of $26.25. Its dividend yield is 3.08%, with a payout ratio of 28.15%. Earnings are to be announced on May 21.
4. Cracker Barrel Old Country Store operates and develops the Cracker Barrel Old Country Store restaurant and retail concept in the U.S. Its market cap is $1.31 billion, with a most recent closing price of $57.41. Its dividend yield is 1.7%, with a payout ratio of 27.08%. Earnings are to be announced on May 22.
5. Medtronic (NYSE: MDT) manufactures and sells device-based medical therapies worldwide. Its market cap is $39.64 billion, with a most recent closing price of $38.31. Its dividend yield is 2.54%, with a payout ratio of 30.43%. Earnings are to be announced on May 22.
6. James Hardie Industries SE manufactures and sells fiber cement building products for interior and exterior building construction applications primarily in the U.S., Australia, New Zealand, the Philippines, Canada, and Europe. Its market cap is $15.84 billion, with a most recent closing price of $36.44. Its dividend yield is 1.1%, with a payout ratio of 14.29%. Earnings are to be announced on May 21.
7. Hewlett-Packard (NYSE: HPQ) offers various products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses, as well as to the government, health, and education sectors worldwide. Its market cap is $44.29 billion, with a most recent closing price of $22.76. Its dividend yield is 2.14%, with a payout ratio of 16.09%. Earnings are to be announced on May 23.
8. Hormel Foods produces and markets various meat and food products in the U.S. and internationally. Its market cap is $7.72 billion, with a most recent closing price of $29.19. Its dividend yield is 2.04%, with a payout ratio of 31.16%. Earnings are to be announced on May 23.
9. Lowe's (NYSE: LOW) is a home-improvement retailer in the U.S., Canada, and Mexico. Its market cap is $34.8 billion, with a most recent closing price of $29.08. Its dividend yield is 1.93%, with a payout ratio of 36.84%. Earnings are to be announced on May 21.
10. Tiffany & Co. designs, manufactures, and retails fine jewelry worldwide. Its market cap is $7.78 billion, with a most recent closing price of $61.57. Its dividend yield is 1.8%, with a payout ratio of 32.52%. Earnings are to be announced on May 24.
Interactive Chart: Press play to compare changes in analyst ratings over the last two years for the stocks mentioned above. Analyst ratings sourced from Zacks Investment Research.
