High dividends stocks or etf

Screening Filters & Rationale

1. Market Cap >= $10 billion:

   • Purpose: Focus on large-cap companies with established financial stability.
   • Rationale: Large-cap stocks are generally less volatile and more likely to sustain consistent dividend payments.

2. Dividend Yield (TTM) >= 4%:

   • Purpose: Identify stocks or ETFs offering high dividend returns.
   • Rationale: A minimum 4% yield ensures the selection aligns with the user's goal of high dividend income.

3. Weekly Average Turnover >= $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.

4. Dividend Payout Ratio <= 80%:

   • Purpose: Focus on companies with sustainable dividend practices.
   • Rationale: A payout ratio below 80% suggests the company retains enough earnings for growth while maintaining dividends.

5. Index Component (GSPC, DJI, NDX):

   • Purpose: Limit selection to well-known, reputable companies within major indices.
   • Rationale: Index inclusion often reflects strong fundamentals and market credibility.