Two new stocks popped up on the dividend Inbox this month. Typically the top div stocks stays pretty constant. That makes sense because there's only a few times a year that companies provide a public report card in the form of dividend payments. What a company does with their div payments has a big impact on their score for the screener. Occasionally, when stocks increase or decrease the payout, it affects their score. Also, if a stock has consistently been paying and raising dividends they could pop into the 5 year or 10 year club, increasing their score.
The only other thing that impact the score is the stock price. Lower price and same dividend per share means higher yield. We also look at the percentage from their 52-week high, which is a sliding window. 52-week high and p/e ratio are quick indicators if a stock is oversold, or overpriced.
This week, two stock popped up on the top scorers list.
These are not buy recommendations, but merely stocks to further research.
The full list:
The next set of contenders are:
My goal this month, like other months is to invest $500 fresh capital, along with dividend cash from the past month. Last month I averaged down on a position. I think this month it is time to add a new position, in particular CAT.
What are you buying this month ?