Fly Leasing: A Growing Company With Soaring Dividends

Finding attractive dividend stocks listed in the US can be a challenge in today's environment. The recent bull run has boosted the stock market significantly and yields have therefore decreased. As a dividend investor, I am interested in strong companies with low valuations, high yields and a proper future. I regularly screen the stock market for dividend stocks using stock screeners from Financial Times and Finviz. I found Fly Leasing Ltd. (FLY) on both stock screeners by using the following simple parameters: Dividend yield: > 4% Forward P/E: < 10x Price/book: < 1x Gross Margin: > 20% Fly Leasing Ltd. was the only interesting company that popped up, and this article will therefore focus on this interesting leasing company as a potential long-term investment. About FLY Fly Leasing Ltd. was listed on the NYSE in September 2007 and has paid dividends every quarter since its IPO. The company is headquartered... Read more