Published Sat, 29 Jun 2013 07:40:11 -0400 on Seeking Alpha
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 to manipulate. Free cash flow is the operating cash flow minus capital expenditure. I have searched for very profitable companies that pay rich dividends and that have a very low price to free cash flow. Those stocks would have to show a very low debt and robust earnings growth prospects. 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. All the data for this article were taken from Yahoo Finance and finviz.com. The screen's formula requires all stocks to comply with all following demands:
The forward dividend yield is greater than 3.0%.
The payout ratio is less than 65%.
The price to free cash flow is less than 15.... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|SUN LIFE FINANCIAL||43.82||14.8||2.97||1.59||3.68|
|SILICON MOTION TECHNOLOGY||34.58||15.2||2.27||1.19||3.51|
|HORACE MANN EDUCATORS||47.68||16.9||2.82||1.15||2.49|
Older articles featuring Sun Life Financial (SLF):Canadian Dividend All-Stars: 2019 In Review
What Is It To Be A Canadian Dividend Investor?
Big Yield Portfolio - Can You Get More Than 5% From Dividend Stocks?
1 Dividend Stock for the Next 100 Years
Canadian Insurance Dividend Stocks - Life Insurance Or Casualty Insurance?
Top Dividend Raises And Cuts For November 2017
Sun Life Financial Inc (NYSE:SLF): Why Income Investors Should Consider This Top Dividend Stock
Top Dividend Raises & Cuts For May 2017
Stocks Trading Ex-Dividend on 11/28/2016
Stocks Trading Ex-Dividend on 8/29/2016