Daily dividend news for investors in dividend stocks
Published Thu, 06 Apr 2017 12:04:43 -0400 on Seeking Alpha
March Featured M/H SDI Dogs From 8 Sectors
Yield (dividend/price) results from here April 4 verified by Yahoo Finance for thirty stocks from eight of eleven Morningstar sectors revealed the actionable conclusions discussed below. Miller/Howard Investments, publisher of the index states:
The Miller/Howard Strategic Dividend Index (MHDT) seeks to capture and distill all we have learned over nearly a quarter century of active management of dividend companies. Our strategic, rules-based index is created to enhance current passive approaches to asset allocation, going beyond market exposure by applying persistent, strategic factors we have observed and confirmed through our active management. We seek to find and retain the 'good,' as opposed to cap-weighted indexes, which in our view hold the good, the bad, and the ugly-by their very nature and definition.
The Dividend Dogs Rule
Stocks earned the "dog" moniker by exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs." More precisely, these are, in fact, best called, "underdogs.".
Current Strategic Dividend Index
"The Miller/Howard Strategic Dividend Index is a composite of 30 publicly traded equities that provide above-average dividend yields and dividend growth, and are equal weighted... Read more
Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
INVESCO MORTGAGE CAPITAL | 15.18 | 0.0 | -1.01 | 1.80 | 11.80 | |||||||
INVESCO | 17.26 | 11.8 | 1.46 | 1.24 | 7.28 | |||||||
INTERNATIONAL GAME TECHNOLOGY | 13.81 | 0.0 | -0.17 | 0.80 | 5.76 | |||||||
AIRCASTLE | 22.99 | 8.6 | 2.68 | 1.20 | 5.34 | |||||||
KAR AUCTION SERVICES | 27.11 | 13.2 | 2.06 | 0.76 | 5.17 | |||||||
LYONDELLBASELL INDUSTRIES | 83.78 | 8.8 | 9.53 | 4.20 | 4.94 | |||||||
DSW | 22.51 | 0.0 | -0.28 | 1.00 | 4.50 | |||||||
METLIFE | 47.87 | 7.9 | 6.09 | 1.76 | 3.71 | |||||||
STEELCASE | 16.64 | 15.7 | 1.06 | 0.58 | 3.54 | |||||||
PHILLIPS 66 | 102.19 | 8.8 | 11.56 | 3.60 | 3.50 | |||||||
WHIRLPOOL | 150.83 | 10.6 | 14.21 | 4.80 | 3.19 | |||||||
CISCO SYSTEMS | 49.93 | 19.2 | 2.60 | 1.40 | 2.85 | |||||||
MAGNA INTERNATIONAL | 54.06 | 6.9 | 7.80 | 1.46 | 2.73 | |||||||
T. ROWE PRICE GROUP | 118.12 | 14.9 | 7.95 | 3.04 | 2.58 | |||||||
BANCOLOMBIA | 50.86 | 11.7 | 4.34 | 1.26 | 2.55 | |||||||
POPULAR | 54.15 | 9.2 | 5.88 | 1.20 | 2.18 | |||||||
AGRIUM | 115.00 | 0.0 | 0.00 | 0.00 | 0.00 |