Daily dividend news for investors in dividend stocks

3 High-Yielding Dividend Stocks With A Very Low Price-To-Book Value

Published Fri, 01 Feb 2013 09:09:35 -0500 on Seeking Alpha

Research has shown that stocks with low price-to-book-value have less downside risk than the average stock and tend to outperform the overall market average as well. I have searched for very profitable companies with very low price-to-book-value that pay rich dividends. Those stocks would have to show a very low price to free cash flow and a very low P/E. I have elaborated a screening method, which shows stock candidates following these lines. Nonetheless, the screening method should only serve as a basis for further research. The screen's formula requires all stocks comply with all the following demands: Dividend yield is greater than 4.0%. The payout ratio is less than 60%. Price to free cash flow is less than 10, (many investors prefer using free cash flow instead of net income to measure a company's financial performance, because free cash flow is more difficult...

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Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
SALISBURY BANCORP 31.60   11.9 2.66 1.12 3.50
TRANSPORTADORA DE GAS DEL SUR 7.80   0.0 -0.12 0.03 0.41