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Do you prefer stocks that pay reliable dividend income? If so, you may be interested in our screen, which takes a closer look at some interesting dividend stocks.

We began by screening for dividend stocks (those with dividend yields above 2% and sustainable payout ratios below 50%) with strong liquidity, i.e. 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 with 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. (click to enlarge)

Tool provided by Kapitall.com

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. FutureFuel Corp. (FF): Engages in the manufacture and sale of specialty chemicals and bio-based products primarily in the United States. Market cap at $423.53M, most recent closing price at $10.25. Dividend yield: 3.88%. Payout ratio at: 42.43%. Current ratio: 7.31. Revenue grew by 38.15% during the most recent quarter ($103.24M vs. $74.73M y/y). Inventory grew by 7.38% during the same time period ($43.36M vs. $40.38M y/y). Inventory, as a percentage of current assets, decreased from 18.3% to 17.36% during the most recent quarter (comparing 3 months ending 2012-06-30 to 3 months ending 2011-06-30).

2. 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 $485.24M, most recent closing price at $17.82. Dividend yield: 3.5%. Payout ratio at: 30.22%. Current ratio: 5.2. Revenue grew by 3.03% during the most recent quarter ($215.05M vs. $208.73M y/y). Inventory grew by -15.9% during the same time period ($67.21M vs. $79.92M y/y). Inventory, as a percentage of current assets, decreased from 20.04% to 15.75% during the most recent quarter (comparing 3 months ending 2012-06-24 to 3 months ending 2011-06-26).

3. Cal-Maine Foods, Inc. (CALM): Engages in the production, grading, packaging, marketing, and distribution of shell eggs primarily in the southeastern, southwestern, mid-western, and mid-Atlantic regions of the United States. Market cap at $988.14M, most recent closing price at $41.31. Dividend yield: 3.03%. Payout ratio at: 33.36%. Current ratio: 3.14. Revenue grew by 13.56% during the most recent quarter ($275.25M vs. $242.38M y/y). Inventory grew by 6.49% during the same time period ($117.16M vs. $110.02M y/y). Inventory, as a percentage of current assets, decreased from 30.99% to 26.49% during the most recent quarter (comparing 13 weeks ending 2012-06-02 to 13 weeks ending 2011-05-28).

4. Innophos Holdings Inc (IPHS): Produces and sells specialty phosphates primarily in North America. Market cap at $1.09B, most recent closing price at $50.05. Dividend yield: 2.15%. Payout ratio at: 27.51%. Current ratio: 4.29. Revenue grew by 6.22% during the most recent quarter ($214.18M vs. $201.63M y/y). Inventory grew by 3.21% during the same time period ($152.63M vs. $147.88M y/y). Inventory, as a percentage of current assets, decreased from 39.15% to 38.77% during the most recent quarter (comparing 3 months ending 2012-06-30 to 3 months ending 2011-06-30).

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

Source: Highly Liquid Dividend Stocks With Strong Inventory Trends