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
