What are the basic criteria for choosing companies?
- Region: United States
- Forward Dividend Yield > 0%
- Market Cap (last close) > $30M
- Volume (EOD) > $1M
What do your reports take into account?
- Dividend Payout Ratio
- Forward Dividend Yield %
- Dividend Cut Ratio
- 5-Year Median ROE %
- Quick Ratio
- Net Margin %
- Price to Tangible Book
- 3,5,10-Y Dividend Growth %
- 3,5,10-Y Net Profit Growth %
- 3,5,10-Y FCF Growth %
- Years of Continuos Dividend Payments
- Estimated EPS Growth % for the next 3 years
What do these mean in the last column: "king", "aristocrat" and "champion"?
Dividend King is a stock with 50 or more consecutive years of dividend increases.
Dividend Aristocrats are the companies that must:
- Be the part of S&P500
- Have 25+ consecutive years of dividend increases
- Meet certain minimum size & liquidity requirements
Dividend Champions are companies which have increased their dividend for 25 or more consecutive years.
Unlike the Dividend Aristocrats, Dividend Champions are not necessarily members of the S&P 500 Index.
What do "DGI", "VP" and "score" mean?
DGI stands for Dividend Growth Investment, which calculates the value of a stock mostly by its dividend ratios. The highest weights are its safety, current financial strength and company’s growth of its profits and dividends.
VP is a shortcut of Value Price and focuses mostly on stock’s current price in relation to its value.
Be aware that I do not blindly buy stocks that have the highest score, but I always check the equity type, news, charts, current exposure to sector and industry and company’s website.
HOW SHOULD wE READ THE DATA?
Be aware that the whole spreadsheet has been built to provide the way of comparing the stocks, thus the values in every column ARE NOT the values themselves, but the scores (points). Every company’s value (like P/E, cash to debt etc.) has been converted into POINTS – the more points, the better indicator (the greener).
SCORE is a sum of DGI and VP, which are the weighted averages of all of values taken into account.
If you want to check what the particular indicator means, just hover over the header – you will see the comment.
Want to see the specific sector or industry? Want to see the companies that sit on cash? Or maybe buy some more Dividend Kings / Aristocrats / Champions, but you do not know which one to choose?
Now you can filter the data the way you love.