Tuesday, September 25, 2007

Small Cap Dividends

Small cap sector investors often overlook an important source of returns - dividends. Of course, there is a long list of regional banks and electric utilities that qualify as small caps. However, dividends are not limited to the financial and utility sectors. Following is a short list that demonstrates the quality and diversity of dividend-paying small cap companies.

American Ecology Corp. (ECOL: Nasdaq) $20.32 - hazard waste transport and storage; $370.5 million market cap; 2.91% dividend yield; 22.4 times PE

Andersons, Inc. (ANDE: Nasdaq) $47.07 - grain, ethanol, rail services; agriculture nutrients; $837.9 million market cap; 0.66% dividend yield; 14.9 times PE

Applebee’s International, Inc. (APPB: Nasdaq) $24.65 - casual dining restaurants; $1.9 billion market cap; 0.89% dividend yield; 23.1 times PE

Calumet Specialty Products Partners LP (CLMT: Nasdaq) $49.90 - hydrocarbon products; $1.5 billion market cap; 5.01% dividend yield; 14.4 times PE

Carbo Ceramics, Inc. (CRR: NYSE) $50.61 - building materials; $1.2 billion market cap; 1.10% dividend yield; 22.7 times PE

Centerplate Units (CVP: NYSE) $16.29 - food concession and facility management; $366.9 million market cap; 5.03% dividend yield; 106.5 times PE

Eagle Bulk Shipping, Inc. (EGLE: Nasdaq) $25.89 - shipping services; $1.1 billion market cap; 7.25% dividend yield; 29.1 times PE

Ferrellgas Partners, LP (FGP: NYSE) $22.57 - specialty retailer of propane gas and related equipment; $1.4 billion market cap; 8.87% dividend yield; 42.1 times PE

Forward Air Corp. (FWRD: Nasdaq) $29.62 - trucking services; $872.3 million market cap; 0.92% dividend yield; 20.1 time PE

General Maritime Corp. (GMR: NYSE) $28.13 - marine oil transportation services; $9.25.8 million market cap; 7.12% dividend yield; 11.9 times PE

Heartland Express, Inc. (HTLD: Nasdaq) $14.29 - trucking services; $1.4 billion market cap; 0.56% dividend yield; 16.7 times PE

Health Management Associates, Inc. (HMA: NYSE) $7.01 - acute-care hospitals in rural communities; $1.7 billion market cap; 3.33% dividend yield; 18.3 times PE

Movado Group (MOV: NYSE) $31.95 - retailer of watches and jewelry; $832.3 million market cap; 0.98% dividend yield; 17.4 times PE

Schweitzer Mauduit International, Inc. (SWM: NYSE) $22.79 - paper products; $358.0 million market cap; 2.61% dividend yield; negative PE

Neither the author of the Small Cap Copy web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein. Crystal Equity Research has a buy rating on ECOL.

1 comment:

Anonymous said...

Thanks for the post. I am a big fan of small-cap dividend-paying stocks. Do you know of any research that shows how small cap dividend stocks have performed historically?