CSCO - Buy 9 Sustainable Dividend Dogs Of Barron's Top 100

2024-05-12 11:59:30 ET

Summary

• Barron’s seventh-annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet.
• Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five.
• Per 5/9/24 data from YCharts, the top-10 of 76 dividend-paying sustainable companies ranged 4.41%-10.8% by annual yield and ranged 18.81%-116.07% by broker-estimated target-price-upsides.
• Top ten May 2024 Sustainable dividend dogs, TGT, CSCO, MET, OMC, NEP, KHC, IPG, MDLZ, HAS, and BBY ranged 12.84% to 18.5% in one-year broker-estimated net gains.
• $5k invested in the lowest-priced five of ten top-yield Sustainable companies showed 16.68% more net gain than from $5k invested in all ten per May 9 data.

Foreword

This article is based on 100 top sustainable companies based on Calvert Research and Management's annual review of more than 230 Environmental, Social and Governance [ESG] performance indicators, such as workplace diversity, data security, and greenhouse-gas emissions, as reported in the February 26, 2024 edition of Barron's weekly .

How Barron's determined their list

To build Barron's seventh annual ranking of the most sustainable companies, Calvert Research and Management started with the 1,000 largest publicly traded companies by market value, then ranked each by how it performed for five key constituencies: shareholders, employees, customers, community, and the planet.

Specifically, Calvert looked at more than 230 ESG performance indicators, such as workplace diversity, data security, and greenhouse-gas emissions.

Based on these indicators, Calvert assigned a score of zero to 100 in each stakeholder category. Then it created a weighted average of the categories for each company, based on how financially material each category was for its industry peer group.

To make the list, a company had to be rated above the bottom quarter in each of the material stakeholder categories. If it performed poorly in any key category that was financially material, it was disqualified.

- Barron's editors

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