Published Wed, 15 May 2019 18:56:16 -0400 on Seeking Alpha
Note: To learn more about the Machine Assisted Dividends (M.A.D.) methodology, you can read this post, which my father Robert Kovacs published. All financial data from my company mad-dividends.com is sourced directly from the SEC, whereas pricing data comes from IEX.
Written By Sam Kovacs
Foot Locker (FL) has a dividend yield of 2.64% and is trading at $57.63 per share. According to my M.A.D. assessment, FL has a dividend strength score of 82 and a stock strength score of 100.
I believe that dividend investors should invest in Foot Locker at current prices. It is exactly the type of stock we are looking for as dividend investors.
Foot Locker Inc. operates in the footwear industry. Its core business involves retailing of athletic shoes and apparel through mall-based stores.
M.A.D. assessments are presented in two sections: dividend strength and stock strength
I look at stock and dividend strength as 2 distinct subjects. A high dividend strength score indicates that the company has a good combination of dividend safety, dividend yield, and dividend growth potential. Whereas a high stock strength score is an indicator that the share price is likely to increase in upcoming quarters. Dividend investors can expect to do well by investing in stocks which rank highly in both dividend strength and stock strength.
Dividend strength can be broken down into a) dividend safety and b)... Read more