Seeking Alpha
Independent research, long/short equity, dividend investing, ETF investing
Profile| Send Message|
( followers)  

Approximately once per month I will be running a high-yield momentum screen and post the results. Last month's results are here.

The first screen looks for high yielding high momentum stocks. I screened the S&P 500 for stocks yielding greater than 4% and then ranked them by 6 month returns. There were 55 results and per a previous article, the highest momentum, high yield stocks have historically been the best performing so I have listed the top 20% (based on 6 month returns) of results, or 11 stocks:

Ticker Company INO Analysis Dividend Yield Performance (Half Year) Price
RRD R.R. Donnelley & Sons Company Here 4.80% 58.84% 21.65
PLD ProLogis Here 4.32% 55.13% 13.9
TEG Integrys Energy Group, Inc. Here 6.63% 49.95% 41.04
VTR Ventas Inc. Here 4.59% 45.49% 44.71
MRK Merck & Co. Inc. Here 4.14% 43.25% 36.7
HCP HCP, Inc. Here 5.60% 42.97% 32.84
RAI Reynolds American Inc. Here 6.79% 40.21% 53.04
CNP CenterPoint Energy, Inc. Here 5.52% 39.80% 13.77
NI Nisource Inc. Here 6.15% 39.52% 14.97
DTE DTE Energy Co. Here 5.03% 39.45% 42.17
EQR Equity Residential Here 4.09% 37.72% 33.04


The second screen looks for stocks in the S&P 500 yielding greater than 4%, with a payout ratio less than 50%. An explanation of the reasons behind the strategy is here. I have included some additional momentum columns for information purposes:

Ticker Company INO Analysis Dividend Yield Payout Ratio Performance (Half Year) Price
EXC Exelon Corp. Here 4.26% 49.65% 6.16% 49.3
MRK Merck & Co. Inc. Here 4.14% 39.91% 43.25% 36.7
PEG Public Service Enterprise Group Inc. Here 4.13% 45.07% 1.93% 32.19

Disclosure: No positions

Source: 14 Stocks and 2 Strategies for High Yield Dividends