Top 10 Net Payout Yield Stocks For November

This article is a continuation of a monthly series highlighting the top net payout yield stocks that was started in June (see article). The series highlights the best stocks for the upcoming month. Net Payout Yields Defined The net payout yield is the combination of the dividend yield and the net buyback yield added together to calculate the yield returned to shareholders. The net buyback yield adds stock repurchases and subtracts shares issued. The yield is calculated using the amount of buybacks over the last four quarters divided by the current market cap. This study compared the return of the top net payout yield stocks in the Dow to that of the highest dividend stocks (Dogs of the Dow) each year. The surprise winner was the net payout yield stocks that easily beat the market and the highest dividend stocks. Stone Fox Capital runs a model at Covestor that focuses... Read more