Dividend-News
Daily dividend news for investors in dividend stocks
2 High Yield, High Dividend Growth Stocks
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Published Mon, 23 Apr 2012 15:21:55 -0400 on Seeking Alpha
Comprehensive screens and creating ranking systems are one of my favorite starting points for identifying potential investments. While I typically focus on Dividend Champions (stocks that have raised dividends for 25+ years) or high yield momentum stocks, this screen began with the entire universe of US stocks, excluding those that trade over-the-counter. Using Stockscreen123, I required stocks to have: yield > 3%, payout ratio < 50% dividend growth of at least 5% over the past 1, 3, and 5 years dividend growth rate among the top 5% in the stock's respective industry Projected PE > 0 (in other words, the stock is expected to be profitable next year) Not over-the-counter This criteria currently yields 25 names, including 7 ADRs, and two stocks are featured below (the rest of the list is at the bottom of the article). Lockheed Martin is a current holding in the High Yield Momentum portfolio: Lockheed... Read more
Stock name ISIN Last trade P/E Earnings/Share Dividend/Share Dividend yield LOCKHEED MARTIN
US5398301094 106.30 12.3 8.67 4.60 4.33 FRIEDMAN INDUSTRIES
US3584351056 9.76 9.2 1.04 0.32 3.28