ESG Rankings and Methodology - Barron's 2024 ranking of the most sustainable companies is based on Calvert Research and Management's evaluation of over 230 ESG performance indicators, including workplace diversity, data security, and greenhouse-gas emissions [1] - The ranking process started with the 1,000 largest publicly traded companies by market value, assessing performance across five key constituencies: shareholders, employees, customers, community, and the planet [1] - Companies were scored from 0 to 100 in each stakeholder category, with a weighted average calculated based on financial materiality for their industry peer group [1] - To qualify for the top 100, companies had to perform above the bottom quarter in each material stakeholder category and avoid poor performance in any financially material category [1] Top ESG Dividend Performers - 9 out of 77 dividend-paying sustainable companies met the "Dogcatcher" criteria, with annual dividends from a 1Kinvestmentexceedingtheirsingleshareprices[2]−ThesecompaniesincludeNextEraEnergyPartners,FranklinResources,KraftHeinz,Avangrid,RegionsFinancial,InterpublicGroup,CitizensFinancialGroup,Exelon,andHormelFoods[2]−Analystsestimatednetgainsrangingfrom15.69413.34 based on analyst estimates, with a Beta indicating 1% less volatility than the market [3] - Kraft Heinz is expected to net 272.71,with47265.42 with 38% less volatility [3] - The average net gain across ten top ESG stocks is estimated at 23.9% on a 10Kinvestment,withaveragerisk/volatility201K investment, highlighting their value proposition [23] - The five lowest-priced top-yield ESG dividend stocks include Regions Financial, Franklin Resources, NextEra Energy, The Interpublic Group, and Kraft Heinz, with prices ranging from 20.71to32.18 [15] - The distinction between low-priced and higher-priced dividend dogs reflects a strategy for outperforming the market, with analyst targets providing a gauge of upside potential [16]
Avangrid(AGR) Seeking Alpha·2024-07-15 07:23