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Do you prefer stocks that pay reliable dividend income? For a closer look at some interesting dividend stocks, we ran a screen.

We began by screening for dividend stocks (those with dividend yields above 2% and sustainable payout ratios below 50%) with strong liquidity, with current ratios above 3. The current ratio is current assets/current liabilities, so ratios above 3 indicate the company has at least 3 times the liquid assets to cover their short-term liabilities.

We then screened for strong sales trends by comparing their growth in revenue to growth in inventory over the last year. We screened for stocks with positive sales trends, with faster growth in revenue than inventory over the last year. Since inventory represents the portion of goods not yet sold, faster growth in revenue than inventory is considered an encouraging sign.

To screen for strengthening liquidity, we also only focused on those companies with inventory decreasing as a percent of current assets.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall.

Do you think these stocks pay reliable dividend income? Use this list as a starting point for your own analysis.

List sorted by increase in revenue over the last year.

1. R.G. Barry Corporation (DFZ): Market cap at $137.51M, most recent closing price at $12.30. Dividend yield at 2.60%, payout ratio at 24.36%. Current ratio at 4.43. Revenue grew by 24.86% during the most recent quarter ($25.11M vs. $20.11M y/y). Inventory grew by -13.92% during the same time period ($17M vs. $19.75M y/y). Inventory, as a percentage of current assets, decreased from 31.02% to 22.68% during the most recent quarter (comparing 13 weeks ending 2012-03-31 to 13 weeks ending 2011-04-02).

2. Cameco Corp. (CCJ): Operates as a uranium producer, supplier of conversion services, and fuel manufacturer. Market cap at $7.6B, most recent closing price at $19.23. Dividend yield at 2.11%, payout ratio at 32.19%. Current ratio at 4.09. Revenue grew by 24% during the most recent quarter ($563.26M vs. $454.26M y/y). Inventory grew by -17.63% during the same time period ($495.22M vs. $601.2M y/y). Inventory, as a percentage of current assets, decreased from 23.8% to 20.3% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

3. Schnitzer Steel Industries Inc. (SCHN): Engages in recycling ferrous and nonferrous scrap metals, and used and salvaged vehicles; and manufacturing finished steel products. Market cap at $685.52M, most recent closing price at $25.12. Dividend yield at 2.99%, payout ratio at 2.17%. Current ratio at 3.44. Revenue grew by 22.83% during the most recent quarter ($886.61M vs. $721.84M y/y). Inventory grew by -8.9% during the same time period ($324.82M vs. $356.56M y/y). Inventory, as a percentage of current assets, decreased from 58.96% to 50.56% during the most recent quarter (comparing 3 months ending 2012-02-29 to 3 months ending 2011-02-28).

4. Eastern Co. (EML): Manufactures and sells industrial hardware, security products, and metal products in North America. Market cap at $111.66M, most recent closing price at $17.98. Dividend yield at 2.22%, payout ratio at 35.55%. Current ratio at 4.85. Revenue grew by 22.02% during the most recent quarter ($40.5M vs. $33.19M y/y). Inventory grew by 4.% during the same time period ($30.16M vs. $29M y/y). Inventory, as a percentage of current assets, decreased from 47.82% to 43.84% during the most recent quarter (comparing 13 weeks ending 2012-03-31 to 13 weeks ending 2011-04-02).

5. Bristow Group, Inc. (BRS): Provides helicopter services to the offshore energy industry primarily in Europe, West Africa, North America, Australia, and internationally. Market cap at $1.42B, most recent closing price at $39.63. Dividend yield at 2.02%, payout ratio at 34.02%. Current ratio at 3.7. Revenue grew by 15.55% during the most recent quarter ($358.37M vs. $310.14M y/y). Inventory grew by -19.57% during the same time period ($157.82M vs. $196.21M y/y). Inventory, as a percentage of current assets, decreased from 31.21% to 21.43% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

6. Foot Locker, Inc. (FL): Operates as a retailer of athletic footwear and apparel. Market cap at $4.73B, most recent closing price at $31.19. Dividend yield at 2.31%, payout ratio at 32.86%.Current ratio at 3.54. Revenue grew by 8.68% during the most recent quarter ($1,578M vs. $1,452M y/y). Inventory grew by -1.12% during the same time period ($1,146M vs. $1,159M y/y). Inventory, as a percentage of current assets, decreased from 54.16% to 50.91% during the most recent quarter (comparing 13 weeks ending 2012-04-28 to 13 weeks ending 2011-04-30).

7. Flexsteel Industries Inc. (FLXS): Together with its subsidiaries, manufactures, imports, and markets residential and commercial upholstered and wooden furniture products in the United States. Market cap at $136M, most recent closing price at $20.0. Dividend yield at 3.00%, payout ratio at 20.86%. Current ratio at 4.37. Revenue grew by 7.58% during the most recent quarter ($91.63M vs. $85.17M y/y). Inventory grew by 0.99% during the same time period ($75.48M vs. $74.74M y/y). Inventory, as a percentage of current assets, decreased from 58.45% to 56.17% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

8. Lancaster Colony Corporation (LANC): Engages in the manufacture and marketing of consumer products focusing primarily on specialty foods for the retail and foodservice markets in the United States. Market cap at $1.85B, most recent closing price at $67.93. Dividend yield at 2.12%, payout ratio at 38.05%. Current ratio at 4.68. Revenue grew by 7.32% during the most recent quarter ($271.1M vs. $252.62M y/y). Inventory grew by -3.69% during the same time period ($100.28M vs. $104.12M y/y). Inventory, as a percentage of current assets, decreased from 32.82% to 26.48% during the most recent quarter (comparing 3 months ending 2012-03-31 to 3 months ending 2011-03-31).

9. Superior Industries International, Inc. (SUP): Designs, develops, manufactures, sells, and supplies cast aluminum road wheels to automobile and light truck manufacturers primarily in North America. Market cap at $466.55M, most recent closing price at $17.14. Dividend yield at 3.73%, payout ratio at 26.41%. Current ratio at 5.71. Revenue grew by 6.82% during the most recent quarter ($202.46M vs. $189.53M y/y). Inventory grew by -14.37% during the same time period ($69.13M vs. $80.73M y/y). Inventory, as a percentage of current assets, decreased from 20.23% to 16.66% during the most recent quarter (comparing 3 months ending 2012-03-25 to 3 months ending 2011-03-27).

10. St. Jude Medical Inc. (STJ): Develops, manufactures, and distributes cardiovascular and implantable neurostimulation medical devices worldwide. Market cap at $12.23B, most recent closing price at $38.97. Dividend yield at 2.36%, payout ratio at 34.24%. Current ratio at 3.31. Revenue grew by 1.42% during the most recent quarter ($1,395M vs. $1,375.51M y/y). Inventory grew by -10.17% during the same time period ($626M vs. $696.86M y/y). Inventory, as a percentage of current assets, decreased from 22.24% to 17.79% during the most recent quarter (comparing 13 weeks ending 2012-03-31 to 13 weeks ending 2011-04-02).

*Accounting data sourced from Google Finance, all other data sourced from Finviz.

Source: 10 Highly Liquid Dividend Stocks With Strong Inventory Trends