As of today, Dividend.com is adding an advertising company to the Best Dividend Stocks list. The company has more than $19 billion in market cap, thus classifying it as a mid-cap dividend paying stock. This company is definitely not a household name, but it deserves to be added to the Best Dividend Stocks list, since all the parameters we use to rate stocks based on DARS are clearly standing out.
This company has a diversified business, with over 25 marketing disciplines across more than 1,400 agencies.
4 reasons why you should own this stock:
- No single client made up more than 2% of this company’s total revenue.
- No individual industry group represented more than 15% of its revenue last year.
- The company has over 5,000 clients located in more than 100 countries.
- This company derived more than 40% of its revenue last year from outside the United States.
Soft Removal from the Best Dividend Stocks List
On February 1, 2013, Dividend.com added a healthcare giant that has consecutively increased its dividend for 43 years in a row. So far, the stock has given a 71% return, excluding the dividend return. This stock continues to remain recommended according to our rating system. It continues to get 3.5 on our system, but doesn’t make our best dividend stocks list.