December Earnings for 6 Top Dividend Stocks

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Next month, there are several big-name dividend stocks that will be reporting quarterly results. While December is a relatively slow month for earnings, the companies below are among the largest and most notable earnings releases.

Toronto-Dominion Bank (NYSE: TD) will release its quarterly results before the opening bell on December 1. The Canada-based bank is expected to report earnings of 0.91 per share, above last year’s result of $0.87 per share.

Over the last four quarters, TD has exceeded analysts’ expectations. Looking forward to 2017, TD is expected to get a new CEO, which could impact its financial performance. The stock is up 20% in 2016 and has a dividend yield of about 3.50%. TD currently ranks #49 on our Top 100 Dividend Stocks list.

Bank of Montreal (NYSE: BMO) will report earnings doing the premarket on December 6. The Canadian bank is expected to release earnings of $1.38 per share, which would be down from $1.44 from the same quarter, last year.

The stock has met or exceeded expectations during the last four quarters. Bank of Montreal is up 17% in 2016 and has a dividend yield of about 3.90%.

Costco Wholesale Corporation (NYSE: COST) will report its quarterly earnings after the closing bell on December 7.  The wholesale retailer is expected to report earnings of $1.20 per share, which is above last year’s earnings of $1.09 per share.

The company has missed analysts’ expectations several times in 2016. Costco is expected to pay its next dividend in February. It currently has a dividend yield around 1.15%. In 2016, the stock is down 6%.

FedEx Corporation (NYSE: FDX) will report earnings after the closing bell on December 20. The shipping company is expected to report earnings of $2.91 per share, which would be above last year’s earnings of $2.58 per share.

The company has beat expectations each quarter in 2016.  FedEx will pay its next dividend on January 3. The stock currently has a dividend yield of 0.84% and is up 27% this year.

Accenture (NYSE: ACN) will release earnings during the premarket on December 21. The professional services company is expected to report earnings of $1.49 per share. Last year, ACN reported earnings of $1.28 per share.

Accenture currently has a dividend yield of 2.00% and is up 15% this year. The company has made several acquisitions recently to expand its business, including UK-based advertising agency, Karmarama.  ACN is currently ranks #76 on our Top 100 Dividend Stocks list.

Paychex (NYSE: PAYX) will report its quarterly earnings before the opening bell on December 21. The company is expected to report earnings of $0.55 per share, compared to its earnings of $0.52 per share in the same quarter, last year.  Paychex has a current dividend yield of about 3.10% and is expected to pay its next dividend in February. The stock is up 12% in 2016.

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