Screening Filters & Rationale
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.
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.
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.
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.
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.
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.