Author: Brett Owens, Contrarian Outlook

In short, their dividends could soon be cut…

The company has been snapping up shares and boosting its dividend at lightning speed over the past decade. And with the added tonic of rising interest rates, it could put even more cash in investors’ pockets next year…

All three companies will be repurchasing their own stock aggressively in 2016…

All three are doing a lot of things right, including raising their dividends, buying back shares (particularly now, when they’re cheap) and maintaining healthy payout ratios (the key to keeping those rewards coming)…

If we apply today’s bargain PE ratios to next year’s earnings estimates, we could see them trading 60%-plus higher in a year…