Screening Filters
Sector Filter: ['Software & IT Services', 'Technology', 'Technology Equipment', 'Telecommunications Services']
- Purpose: Restrict results to technology-related sectors.
- Rationale:
- Your request is for a “tech company,” so this filter ensures we stay within broadly defined technology-oriented segments: software, IT services, hardware/equipment, and telecom.
- Telecom is included because many telecom firms are tech-adjacent, often more mature, and can have attractive dividends.
Industry Filter: ['Semiconductors & Semiconductor Equipment', 'Software & IT Services', 'Communications & Networking', 'Computers Phones & Household Electronics', 'Electronic Equipment & Parts', 'Integrated Hardware & Software']
- Purpose: Narrow the search to specific tech industries where growth and dividends are both plausible.
- Rationale:
- These industries capture the core of “tech” (chips, software, networking, hardware, electronics) rather than peripheral or non-tech businesses.
- Many high-growth tech names come from semis and software, while more established hardware/equipment/networking names can also support dividends.
Exchange Filter: ['XNYS', 'XNAS', 'XASE'] (NYSE, NASDAQ, NYSE American)
- Purpose: Limit to major U.S. exchanges.
- Rationale:
- U.S.-listed tech stocks on these exchanges typically have better liquidity, disclosure, and analyst coverage.
- This aligns with seeking reasonably investable, established companies rather than illiquid or obscure listings.
Revenue 5-Year CAGR ≥ 10%: revenue_5yr_cagr: {'min': '10'}
- Purpose: Ensure companies show solid top-line (sales) growth.
- Rationale:
- “Growth” is directly reflected in consistently rising revenues.
- A minimum 10% compound annual growth rate over 5 years is a strong threshold that filters out slow-growing or stagnating businesses.
EPS 5-Year CAGR ≥ 10%: eps_5yr_cagr: {'min': '10'}
- Purpose: Confirm that earnings are growing at a healthy rate, not just revenue.
- Rationale:
- Revenue growth without earnings growth can signal poor scalability or margin pressure.
- Requiring 10%+ EPS growth over 5 years focuses on companies that are both expanding and improving profitability, which supports sustainable dividends.
Dividend 5-Year CAGR ≥ 5%: dividend_5yr_cagr: {'min': '5'}
- Purpose: Capture companies that are not only paying dividends but growing them.
- Rationale:
- You asked for “high dividend and growth” — that can mean growth in the business and also in the dividend stream.
- A 5%+ annual growth rate in dividends over 5 years indicates a shareholder-friendly policy and suggests the dividend is not stagnant.
Dividend Yield (TTM) Between 3% and 10%: dividend_yield_ttm: {'min': '3', 'max': '10'}
- Purpose: Target meaningfully high but not extreme dividend yields.
- Rationale:
- A minimum of 3% classifies as “high” relative to typical tech stocks, which often yield much less or pay no dividend at all.
- The 10% cap avoids ultrahigh yields that can be red flags (distress, unsustainable payouts, or special situations), thus focusing on more sustainable dividend payers.
Dividend Payout Ratio ≤ 80%: dividend_payout_ratio: {'max': '80'}
- Purpose: Filter for dividends that are reasonably covered by earnings.
- Rationale:
- A payout ratio above ~80% can signal limited room to reinvest in growth or increase dividends, and may be at higher risk of cuts.
- Keeping it at or below 80% balances two goals:
- Still allows for sizable dividends.
- Leaves enough earnings retained to keep funding growth (R&D, capex, acquisitions).
Why Results Match Your Request
- Tech-focused: Sector and industry filters anchor the search firmly in technology and tech-adjacent fields, consistent with “tech company.”
- Growth-oriented: Revenue and EPS 5-year CAGRs (≥10%) directly measure and enforce strong business growth, not just a one-off good year.
- High and growing dividends:
- The 3–10% yield range ensures dividends are meaningfully high without diving into the riskiest extreme-yield names.
- The dividend 5-year CAGR ≥5% ensures the income stream itself is growing, fitting the “growth” aspect from an income investor’s perspective.
- Sustainability: The payout ratio ≤80% is critical: it screens for companies that can realistically maintain and grow their dividend while still reinvesting enough to keep the business growing.
Together, these filters are designed to surface established tech companies that still grow at a solid clip while paying (and growing) an attractive, sustainable dividend.
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.