Screening Filters & Rationale
Dividend Yield (TTM) ≥ 3%:
- Purpose: To ensure the stock provides a competitive and consistent income stream.
- Rationale: A minimum yield of 3% aligns with the goal of generating regular dividend income.
Weekly Average Turnover ≥ $1,000,000:
- Purpose: To focus on liquid stocks that are actively traded.
- Rationale: High turnover ensures ease of buying/selling and reduces liquidity risk.
Dividend Payout Ratio ≤ 80%:
- Purpose: To identify companies with sustainable dividend payments.
- Rationale: A payout ratio below 80% indicates the company retains enough earnings for growth while paying dividends.
Index Component (S&P 500):
- Purpose: To select stocks from a reliable and well-established index.
- Rationale: S&P 500 components are typically large-cap companies with stable financials.
5-Year Dividend CAGR ≥ 5%:
- Purpose: To ensure dividends are growing consistently over time.
- Rationale: A 5% or higher CAGR indicates strong dividend growth potential, enhancing long-term 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.