Monday, August 19, 2019

High-Quality Dividend Stocks

I've been using a slightly modified version of David Van Knapp's quality scoring system to assess the quality of dividend growth [DG] stocks.

The quality scoring system employs five widely used quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 25 points. I call the total score a stock's quality score.

It occurred to me that I could use the quality scoring system to find high-quality stocks. I simply screen for stocks that match predetermined levels for each quality indicator. This article presents a ranked list of 36 stocks with quality scores of 24-25.

The list contains both dividend stocks and DG stocks.

I distinguish dividend stocks from DG stocks by not requiring regular dividend increases. Of course, not requiring regular dividend increases is a fuzzy distinction.

To be a DG stock, a stock must have paid increasingly higher split-adjusted dividends every year for at least the past five years. In contrast, the only requirement for dividend stocks is that they must pay dividends regularly, whether monthly, quarterly, semi-annually or annually.

Please read this article at Seeking Alpha.

Thanks for reading! Please subscribe to receive an e-mail whenever I post new articles.
Soon sections of my blog will only be available to subscribers, so I encourage you to sign up now!

No comments :

Post a Comment

Please don't include irrelevant links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.

Contact Form

Name

Email *

Message *

Follow by Email