3 High-Yielding Dividend Stocks With Very Low Debt
I have searched for profitable companies that pay very rich dividends and have a very low debt. I have elaborated a screening method which shows stock candidates following these lines. Nonetheless, the screening method should only serve as a basis for further research. The screen's formula requires all stocks to comply with all following demands:
Dividend yield is greater than 4.2%.
The payout ratio is less than 80%.
Debt to equity is less or equal 0.20.
Trailing P/E is less than 21.
Forward P/E is less than 16.
After running this screen on February 24, 2013, I discovered the following three stocks:
National American University Holdings, Inc. (NAUH)
National American University Holdings, Inc. engages in the ownership and operation of National American University that provides post-secondary education services primarily for working adults and other non-traditional students in the United States. National... Read more