There are a number of key dividend stocks going ex-dividend this week. Here’s a list of the ones I like with their yield, 5 year dividend growth rate, and a projected 10 year yield on cost given their current yield and growth rate.
| Company | Ticker | Yield | DGR5 | 10yr YOC |
| Lockheed Martin | LMT | 2.78% | 9.7% | 6.99% |
| Tiffany & Co. | TIF | 1.76% | 8.8% | 4.10% |
| Coca Cola | KO | 3.11% | 4.6% | 4.86% |
| Key Bank | KEY | 4.53% | 29.6% | 60.55% |
| Goldman Sachs | GS | 2.12% | 24.4% | 18.79% |
| Home Depot | HD | 2.17% | 25.4% | 20.87% |
| Blackrock | BLK | 2.03% | 13.0% | 6.86% |
| Nvidia Corp. | NVDA | 0.12% | 4.6% | 0.19% |
| OpenText | OTEX | 1.80% | 9.8% | 4.57% |
| Pepsico | PEP | 2.83% | 8.3% | 6.26% |
| Waste Management | WM | 1.83% | 7.7% | 3.85% |
| Kimberly Clark | KMB | 3.03% | 3.8% | 4.41% |
| Nike | NKE | 0.82% | 10.8% | 2.29% |
| Genuine Products Co | GPC | 3.21% | 5.1% | 5.26% |
| D.R. Horton, Inc. | DHI | 1.05% | 20.5% | 6.80% |
Home Depot, Goldman Sachs, and Key Bank are the serious growers here with the potential to have huge double digit yield on cost over the next 10 years if they continue growing at their current pace. I will warn that Goldman and Key are financials and have regulators that may hamper their ability to grow dividends because of capital requirements. Home Depot is fantastic though.
Costco (COST) also has a $10 special dividend that goes ex-dividend this week. They have benefited from very high traffic given the situation with Covid.
Shameless Plug
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