Very High-Yielding Dividend Portfolio That Has Outperformed By A Big Margin
I have created a very high-yielding stock portfolio. Back-testing the screening formula, which was the basis for this portfolio, has shown much better returns during the last year, the last five years and the last 14 years than the S&P 500 benchmark. Although the past guarantees nothing, it does provide insight into how this screen has performed under various economic conditions over varying time frames. The screen's method that I use to build the very high-yielding stock portfolio requires all stocks to comply with all following demands:
Market Cap is greater than $100 million.
Last price is greater than $1.00.
Dividend yield is greater than 5%.
The payout ratio is less than 100%.
The 10 stocks with the lowest payout ratio among all the stocks that complied with the first four demands.
I used the Portfolio123's powerful screener to perform the search and to run back-tests. Nonetheless, the screening... Read more