3 Good-Yielding Small Caps With Low Debt, Payout Ratios
I have searched for profitable companies that pay rich dividends with low payout ratio, and that 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. All the data for this article were taken from Yahoo Finance and finviz.com. The screen's formula requires all stocks to comply with all following demands:
Price is greater than 2.00.
Market cap is greater than $100 million.
The forward dividend yield is greater than 3.10%.
The payout ratio is less or equal 50%.
Trailing P/E is less than 20.
Forward P/E is less than 16.
Total debt to equity is less than 0.20.
After running this screen on September 04, 2013, before the market open, I discovered the following three stocks:
Simmons First National Corporation (SFNC)
Simmons... Read more