Screening Filters
Dividend Yield (TTM) ≥ 3%:
- Purpose: To identify stocks that provide a relatively high dividend yield, which is a key criterion for dividend-focused investors.
- Rationale: A minimum dividend yield of 3% ensures that the selected stocks offer a meaningful return through dividends, making them attractive to income-focused investors.
Dividend Payout Ratio ≤ 60%:
- Purpose: To ensure that the companies are not overextending themselves by paying out an unsustainable portion of their earnings as dividends.
- Rationale: A payout ratio below 60% indicates that the company retains enough earnings to reinvest in growth or maintain financial stability, reducing the risk of dividend cuts.
Market Cap ≥ $1 Billion:
- Purpose: To focus on larger, more established companies that are generally more stable and reliable in paying dividends.
- Rationale: Companies with a market cap of at least $1 billion are typically less volatile and have a proven track record, which aligns with the goals of dividend investors seeking steady income.
Sector: Utilities, Consumer Non-Cyclicals, Financials:
- Purpose: To target sectors that are traditionally known for offering consistent and reliable dividends.
- Rationale: Utilities, Consumer Non-Cyclicals, and Financials are sectors that tend to generate stable cash flows, even during economic downturns, making them ideal for dividend-focused strategies.
Why Results Match:
- The filters collectively ensure that the stocks identified are from sectors with a strong history of dividend payments, have a sustainable payout ratio, and are large-cap companies with a lower risk profile.
- By setting a minimum dividend yield of 3%, the screener prioritizes stocks that provide a meaningful income stream, while the payout ratio cap ensures that these dividends are sustainable over the long term.
- The inclusion of specific sectors further narrows the search to industries that are traditionally dividend-friendly, increasing the likelihood of finding reliable dividend-paying stocks.
This approach aligns well with the user's query for "dividend stocks," as it focuses on companies that are likely to provide consistent and sustainable dividend income.
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.