Screening Filters & Rationale
Market Capitalization (min: $10 billion):
- Purpose: Focus on large-cap companies with established financial stability.
- Rationale: Large-cap stocks are generally less volatile and more reliable for consistent dividend payouts.
Dividend Yield (TTM, min: 4%):
- Purpose: Identify stocks with high dividend yields to maximize income generation.
- Rationale: A yield of 4% or higher ensures the stock provides substantial income relative to its price.
Beta (Low Risk):
- Purpose: Select low-volatility stocks to minimize risk.
- Rationale: Low-beta stocks are less sensitive to market fluctuations, aligning with a conservative income-focused strategy.
Weekly Average Turnover (min: $1 million):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity when buying or selling.
Dividend Payout Ratio (max: 80%):
- Purpose: Avoid companies overextending earnings on dividends.
- Rationale: A payout ratio below 80% suggests the company retains enough earnings for growth and sustainability.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.