Barron’s recently released their seventh-annual ranking of sustainable companies, focusing on the top 1,000 largest publicly traded companies by market value. These companies were evaluated based on their performance for five key constituencies: shareholders, employees, customers, community, and the planet.
Topping the list for the second year in a row is home-products company Clorox, followed by Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. According to data from YCharts as of October 10, 2024, the top 10 dividend-paying sustainable companies had annual yields ranging from 3.87% to 14.6% and broker-estimated target-price upsides ranging from 20.3% to 71.56%.
Among the top 10 sustainable dividend dogs for October 2024 were companies like OMC, CFG, MDLZ, TGT, BAC, EL, ES, KHC, NEP, and MRK, with estimated net gains ranging from 10.17% to 26.5% over one year. Interestingly, investing $5,000 in the lowest-priced five of these top-yield sustainable companies showed 15.73% more net gain than investing the same amount in all ten companies.
This ranking is based on Calvert Research and Management’s review of over 230 environmental, social, and governance (ESG) performance indicators. These indicators include aspects such as workplace diversity, data security, and greenhouse-gas emissions. The article also mentions exclusive subscriber-only portfolios available to members of The Dividend Dog Catcher.
It’s important to note that the article provides a disclaimer stating that the information is for informational and educational purposes only and should not be considered as investment advice. The author also discloses that they have no stock, option, or derivative positions in any of the mentioned companies and have no plans to initiate such positions in the near future.
Overall, the article highlights the top sustainable dividend companies for investors to consider and provides valuable insights into the performance of these companies based on ESG criteria. Investors looking for sustainable investment opportunities may find this ranking and analysis useful in making informed decisions.
