4 stock with more EPS and Dividend in 2016

Costco Wholesale (COST) - Costco's financials are excellent. The firm currently carries $4.85 billion in cash on its balance sheet, almost entirely offsetting a $4.98 billion debt load. That lack of balance sheet leverage leaves plenty of room for a higher dividend payout in 2016. For the last four quarters, Costco has paid out a 40-cent dividend to shareholders that works out to a 1% yield at current price levels. A bigger payout looks likely in the quarter ahead.

Lowe's Companies (LOW ) - More service revenues, as well as an increase in private label offerings, should go a long way in helping this company reach its margin targets. If the pattern from recent years pulls through into 2016, investors should look out for a 33-cent per share dividend announcement this summer.

Kroger (KR) - The firm's retail business extends into 750 convenience stores and 325 jewelry stores, giving the firm meaningful exposure to higher-margin businesses that can partially benefit from the same distribution network and private label infrastructure that the Kroger's grocery business uses. Kroger has paid investors a 10.5-cent quarterly dividend check for the past four straight quarters now; investors should be on the lookout for a raise this summer.

Williams-Sonoma (WSM) - Williams-Sonoma currently carries $193 million in cash on the books, with zero debt. Coupled with a relatively trim earnings multiple in this market, this stock actually looks bargain-priced right now.