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| Diebold (Photo credit: Wikipedia |
Security drives the Dividend Machine for week of October 15, 2012 Diebold Inc. symbol DBD
Security
is on every one’s mind these days. Just
try to gain entry into any large office building in New York or any other big
city and you have to pledge your first born, show multiple photo ID’s and the
person you are visiting better be there or you will cool your heels on the
highly polished marble for quite some time.
Every internet café user
and every ATM user has heard of the painful results of security breaches. Even at home, I bet you keep your valuables
hidden or hopefully in a safe.
Diebold, known mostly
for locks, has capitalized on security.
This is a very diverse company with a global business footprint. Diebold, symbol DBD, makes a lot of money
from its businesses and it has kept up with technology which means earnings
grow year over year. More important,
they have shared earnings with their investors by offering a dividend for many
decades. Dividend income has increased
every year for over 50 years. Think of
all the trouble the stock market and U.S. businesses have gone through over the
past 50 years.
I liked finding this
company as the first one to meet my dividend machine criteria for this week.
DBD closed on Friday at
$33.64 per share. If you own DBD by November
14, 2012 you will receive their quarterly dividend of $.285 on December 07,
2012; the annualized dividend of $1.14 is a yield of 3.4%. Over the past four quarters, DBD earned
$3.01 and paid out $1.135. Debt to
Equity ratio (D/E) is .81. DBD’s
dividend machine fundamentals are presented in the table below.
DIVIDEND MACHINE
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Diebold Inc.
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DBD
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Price when profiled
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$33.64
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Last 4 Qtrs Earnings
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$3.01
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Last 4 Qtrs Dividends
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$1.14
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Current Qtr Dividend
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$0.29
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Annualized Div Yield
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3.39%
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No. Years Div Increase
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58
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Debt/Equity ratio
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81.00%
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Consider this security
company for the income producing portion of your investment portfolio.
Very Truly Yours,
TheMoneyMadam
